Markets To Watch Today
Crude Oil: A Gasoline rally yesterday sparked prices on Crude Oil contracts, which topped $75 a barrel. The Gasoline rally was brought on by the U.S.'s reluctance to insist on an immediate cease-fire in the Middle East between Israel and Hezbollah militias. The September Crude Oil contract rose 62 cents to close at $75.050
Gold: With the conflict in the Middle East softening and a stronger Dollar, traders took their profits and ran yesterday, pushing down Gold prices. The August Gold contract dropped $7.00 to $613.20 an ounce, and the July Gold contract fell $6.90, closing at $612.70.
Natural Gas: Higher temperatures forecasted across the country through the rest of this week are increasing the demand for gas-fired electricity, which is needed for cooling, thus pushing Natural Gas prices upward. The August Natural Gas contract closed 47 cents higher, at $6.605 MMBTu's.
Gold: With the conflict in the Middle East softening and a stronger Dollar, traders took their profits and ran yesterday, pushing down Gold prices. The August Gold contract dropped $7.00 to $613.20 an ounce, and the July Gold contract fell $6.90, closing at $612.70.
Natural Gas: Higher temperatures forecasted across the country through the rest of this week are increasing the demand for gas-fired electricity, which is needed for cooling, thus pushing Natural Gas prices upward. The August Natural Gas contract closed 47 cents higher, at $6.605 MMBTu's.
posted by XPRESSTRADE, LLC at 7/25/2006 07:00:00 AM
<< Home