Markets To Watch Today

Crude Oil: Crude Oil prices fell below the $70 mark yesterday as China announced it will allow its currency to appreciate. By setting a key trading benchmark for the yuan below 8 to the US Dollar will allow the currency to appreciate. June Crude is trading below 69.80, down 39 cents this morning.


Metals: The metals were hit hard by the news out of China and the subsequent sell-off in the energy complex. A strengthening Dollar helped push the markets lower as well. The markets are seeing some support this morning. June Gold is trading at 692.50, up $7.50 this morning. July Silver is trading at 13.440, up 11.5 cents this morning. June Copper is trading at 3.8300, up 1.35 cents this morning.