US$ continues to get the support it needs from the Eurobanks while the jobless rates in the USA continue to climb and the trust within the markets continues to collapse with the current price at 83.19 up 21 points after getting up to 83.245 just before the report, Treasuries are flat to higher as if waiting for an inevitable surprise. Energy Products are trading lower after yesterday’s sharp rally with Crude Oil down $1.20 at $91.46 a barrel, even though the rest of this sector is presently trading lower, the sharp jump in price over the past week is reflecting the conflicts in the middle east could be accelerated. Gold is down as well with the trade at $1,576.60 down $4.10 after reaching as low as $1,574.00, Silver is down as well with the trade at $26.915 down another 30 cents with the low at $26.895 taking the rest of the metals down as well. All Grains are trading higher as the drought continues across the grain belt, Softs mostly lower with Cotton/Cocoa the exceptions, Meats/Livestock are flat to lower as well, Paper Markets seem to be losing steam with the entire sector trading lower as we close out a very tiring week. Enjoy your weekend and as always … Stay Strong!!
JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
817-717-5489
Fax: 817-764-2537
www.FortWealth.com
Don’t risk what you cannot afford to lose….