The commodity bull run continues...
Grains:Wheat prices were 'limit up' every day for the past few days! Supplies are running low.
Minneapolis Spring Wheat prices have been limit up for some time now!
Soybeans continue in an uptrend
Corn holding up at the highs.
Softs:
Sugar uptrend continues.
Currencies:
The Euro dropped like a rock from the triple top of around $1.49 down to about $1.45
The British Pound also dropped -Bank of England interest rate cuts announced.
Energy:
Oil regained strength on Friday taking it over $90 per barrel again.
Metals:
Gold moved up again after a brief pullback, closing around $923 per ounce.
Silver continues higher as well.
Copper higher as well.
Stocks gave up their previous gains and headed down again.
See my Stock Market Blog for more details.
News stories:
BoE cuts, ECB leaves rates untouched
Copper Posts Biggest Weekly Gain Since March on Supply Concerns
Soybeans Surge as Improved Global Demand Cuts U.S. Reserves
Record wheat price ignites food inflation fears
Wheat Hits Record on US Inventory Report
Note: Charts are 'live' so comments above refer to the appropriate time on the chart.
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