Markets To Watch Today

Natural Gas: U.S. Data showed a slight rise in volume in storage, which was higher than expected last week. This along with the possibility of Tropical Storm Chris being downgraded, pushed prices down in Natural Gas yesterday. The September Natural Gas contract closed down 6.5%, or 50.7 cents at $7.292 MMBTu's.

Copper: A surprise rate increase by the Bank of England has spurred fears of interest rate hikes here in the U.S. This, along with optimism of a possible agreement being reached between the union and management at Escondida in Chile, put pressure on Copper prices yesterday, pushing them lower. The September Copper contract dropped 10.15 cents, closing at $3.4895 per pound.