Markets To Watch Today
Copper: Declines in metal prices, such as Gold have dropped prices in Copper, along with news from Chile that union workers are meeting with company officials at Escondida. A recent wave of fund selling has also pushed Copper prices down. July Copper fell 6.85 cents to $3.4165 a pound.
Grains: Recent cooler temperatures and scattered showers across the Midwest pushed Soybean and Corn futures prices down on Friday. September Corn dropped 5.25 cents, closing at $2.3725, a bushel and August Soybeans dropped 7.25 cents, closing at $5.77 a bushel.
Crude Oil: Crude Oil prices held their ground on Friday, with modest gains on the day, as traders were reluctant to sell any oil with the possibility of more ground conflict in the Middle East between Israel and Hezbollah. Although Crude Oil prices are at historical highs, they have dropped about 5% from their record of $78.40 a barrel. Front month September Crude Oil was up 16 cents, closing at $74.43 a barrel.
Grains: Recent cooler temperatures and scattered showers across the Midwest pushed Soybean and Corn futures prices down on Friday. September Corn dropped 5.25 cents, closing at $2.3725, a bushel and August Soybeans dropped 7.25 cents, closing at $5.77 a bushel.
Crude Oil: Crude Oil prices held their ground on Friday, with modest gains on the day, as traders were reluctant to sell any oil with the possibility of more ground conflict in the Middle East between Israel and Hezbollah. Although Crude Oil prices are at historical highs, they have dropped about 5% from their record of $78.40 a barrel. Front month September Crude Oil was up 16 cents, closing at $74.43 a barrel.
posted by XPRESSTRADE, LLC at 7/24/2006 06:30:00 AM
<< Home