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Friday, April 28, 2006

Markets To Watch Today

Metals: The metals continue to climb higher this morning. After a brief correction early in the session on Thursday after China announced a raise in interest rates, Gold, Silver and Copper all rallied and are finding continued support to maintain their bull run. June Gold is trading at 646.30, up $10 this morning. May Silver is trading at 12.820, up 3.50 cents this morning. June Copper is trading at 3.3100, up 8.15 cents this morning.


Crude Oil: Crude is climbing on fears of Iranian retaliation to the UN report to be released later today. The June Crude contract is trading at 71.68, up 71 cents in the overnight ACCESS market.


Indexes: The Dollar took a hit yesterday on the remarks of Fed Chairman Ben Bernanke, who signaled a "pause" in interest rate hikes is nearing. The June Dollar Index is trading at 86.18, down .22 for the session.