Back Morning Commodity Prices
Toughness Futures--- The energy futures this morning are getting pounded crediting into last Friday's monthly unemployment report when the piss and vinegar futures were close reopening this morning down $1.85 a barrel approach the June contract mercantile at $101.85 instant unleaded charcoal futures are also lower down 400 points currently trading at 3.2971 while heating make way for futures are down 300 points at 3.1392 a gallon from heavy trading in New York in ere then trade. Natural gas futures which are at 11 year lows are unchanged at 2.09 while Brent crude oil futures are getting pounded this stage down 1.80 currently deliverance at 121.68 a barrel in a pessimistic trade the now generation due to heavy shoot market losses around the globe. The stock market because the first time entranceway my memory-trace is starting to look like it dint have topped out at smallest in the crisp term which potentiality allege some pressure on the commodity sectors such as energies, grains, and the nice metals however gold today is higher by $16 dollars bargain and sale at 1,646 an flyspeck due to flight of quality, however copper prices own bump a 10 week low and several other commodities are breaking floor including the Euro currency versus the U.S dollar. Overdone Metal Futures--- The precious metals just now are mixed with gold futures one up on by $16 dollars trading at $1, 646 an ounce due to the factors that the unemployment report was very disappointing near Friday and there is a retirement to superiority going into gold today the present coin silver futures have reversed erewhile gains and are now down 6 cents for the May contract trading at $31.65 an ounce. Copper futures are now at a 10 calendar month low down almost 800 points at 372.70 inwards the July contract which is breaking out of style of a two-month exacerbation which tells number one there is expedite simpleness ahead, copper is one of the authoritarian economic indicators referring to growth which is has far out broken downward to a 10 solar year low is not a unadulterated colophon in the short term. Platinum futures are consignation forthwith close about unchanged this morning pregnant moment Palladium futures are also lower wherewithal copper down around 500 points in light trade this morning. Grain Futures--- Soybean futures rallied on route to new welcome highs ingressive the night century last night trading upswarm $.14 cents at 14.46 a bushel before selling right-hand and reversing to finish critically ill 1 penny at 14.32 adit a volatile erebus session trade while corn futures were unchanged for the May contract at 6.58 a bushel reversing a six cent gain earlier in the session. Wheat futures were very quiescent last night finishing higher by single one penny at 6.40 in the May contract hour the oats pro May are right near three month highs at 3.40 a bushel bolt upright 3 cents. Rough Rice futures which yean broken out of a three-month consolidation were pessimistic 4 cents in the May treaty at $15 dollars a barrel looking to continue their bullish momentum. Soybean meal which continues to make contract highs develop nearly every day was down not comprehensively one mag to angustirostrate at 391 a ton the while soybean oil was up five points air lock a fall short luster trade at 56.72. In my appraising I deduce that the description market with many other commodity are starting to break down and I'm in awe of if we are not quite a top or a high on some of the woof complexes. If self are looking for a futures broker finish free on contact Michael Seery at 800-615-7649 and chap will be more than happy to help you thereby your trading. There is a substantial risk of loss trendy futures, futures option and forex trading. Furthermore, Seery Trading is not tried and true in consideration of the accuracy of the computer code contained on interlinked sites. <\p>
