Markets To Watch Today
Metals: The metals are trading lower this morning. After an extremely volatile week in the metals, especially silver, margins were increased in both the Comex and eCBOT contracts. May Silver is trading at 12.610, down 36.5 cents this morning. June Gold is trading at 628.50, down $7 this morning, while May Copper is trading at 3.1100, down 3.05 cents.
Oil: Canada now can be added to the list of Oil producing countries experiencing issues related to production. A shortage of workers in the Canadian province of Alberta has inhibited plans to increase Oil-Sands output. June Crude is trading at $74.45, down 72 cents on the overnight ACCESS session.
Currency: Statements released from the Group of Seven concerning the G-7's position on currencies and warning of global imbalances are having an impact against the dollar, especially in relation to Asian currencies. The June Japanese Yen is trading at .8768, up 0.0134 this morning.
Oil: Canada now can be added to the list of Oil producing countries experiencing issues related to production. A shortage of workers in the Canadian province of Alberta has inhibited plans to increase Oil-Sands output. June Crude is trading at $74.45, down 72 cents on the overnight ACCESS session.
Currency: Statements released from the Group of Seven concerning the G-7's position on currencies and warning of global imbalances are having an impact against the dollar, especially in relation to Asian currencies. The June Japanese Yen is trading at .8768, up 0.0134 this morning.
posted by XPRESSTRADE, LLC at 4/24/2006 06:51:00 AM
<< Home