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Agriculture futures traded lower Monday on the Chicago Board of Trade. Wheat for December delivery fell 45 cents to $5.9525 a bushel; December corn lost 30 cents to $4.24 a bushel; December oats dropped 20 cents to $2.94 a bushel; November soybeans lost 70 cents to $9.22 a bushel. (Today 4:58 PM EST)

"Blacktober" continued to unfold in an ominous manner as the new week got underway. Many markets acted as if the US bailout package vote had never taken place last Friday. Back in early February of 2007 (seems like an eternity ago), I wrote that the apparent end of the yen carry-trade would "alter the global financial landscape for years ... (Today 4:42 PM EST)

The weekend brought no relief to global markets and collective investor anxiety rose once again, as Europe began to feel the full brunt of the credit storm now hitting its shores. Hypo and Fortis were the latest in the growing list of global financial names to be rescued, absorbed, buried, or forgotten by the side of the road. The German ... (Today 4:40 PM EST)

Lower housing and auto sales have sent base metals in a tailspin. Copper is at an 18-month low, and platinum and palladium, that is used in new cars, are down over a third on the year. (Today 12:49 AM EST)

Agriculture futures traded mixed Friday on the Chicago Board of Trade. Wheat for December delivery rose 4.25 cents to $6.4025 a bushel; December corn traded flat at $4.54 a bushel; December oats added 4 cents to $3.14 a bushel; November soybeans declined 12 cents to $9.92 a bushel. (Oct 03, 2008 4:38PM)

Gold prices opened with a small $3.50 gain, quoted at $838 basis spot dealings. An otherwise robust 33-cent gain in silver to $11.18 has to be viewed in the context of the nearly dollar-and-a-half loss it sustained on Thursday. Platinum continued to suffer, dropping another $12 to $958 as the automotive sector looks increasingly vulnerabl... (Oct 03, 2008 10:29AM)

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10/06/2008
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Daily currency analysis - Oct 6

The Euro wasunable to make any significant headway in European trading on Friday as i... Darrell Jobman

Euro Continues to Deteriorate Against the Dollar!

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Dollar Finishes Week on a Strong Note

The EUR USD closed sharply lower this week because of a combination of a flight to qu... James A. Hyerczyk

The Week Ahead - Out 3

The Rescue Package passes, finally; will hope emerge? After an ugly balk on Monday,... Brian Dolan

 
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