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Thursday, April 27, 2006

Markets To Watch Today

Metals: The metals, displaying soaring volatility, fell on the open this morning. Many investors have been gravitating toward Gold as a "safe haven", but fund profit taking and bargain hunting remains key to market movement. Gold is trading at $635, down $7 this morning.

Crude Oil: Crude Oil fell during yesterday's session, and continued lower in overnight trading. Stronger than expected inventory numbers eased concerns over supplies heading into the summer. June Crude is trading at $71.11, down 82 cents on the ACCESS session.

Grains: The CBOT will start trading the grains electronically side by side with the pit on August 1st. A first for the grains.