email:  
 
 
  
 

Friday, April 21, 2006

Markets To Watch Today

Crude Oil: Crude Oil futures fell slightly on yesterday's trading and continued lower on the overnight session. While a volatile global picture remains supportive of record prices, some profit taking has preceding the weekend meeting of Oil producing and consuming countries in Qatar. June Crude closed at 73.00 in the ACCESS session.


Metals: A massive sell-off hit the metals markets with Copper finding early support, Gold finding late support and silver finding no support in yesterday's session. Copper and Gold are again trading higher this morning, while the May Silver contract is down another 6 1/2 cents this morning, trading at 12.460 this morning.


Cotton: Cotton found new lows in yesterday's sell-off. Falling to prices not seen since August of last year, the May contract gave up 167 to close at 5088 for the session.