angle-double-right calendar

Sign up today to view these articles!

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

This Morning

Mar 30, 2020, 12:44 PM by Weekly Market Report
The Bloomberg Commodity Index was down around 0.7% in early trading this morning as plunging energy prices continue to weigh on the commodities complex. In New York, NYMEX crude oil futures continued to hit multi-year lows, trading as low as $19.92 per barrel this morning according to CME Group data. Base metals largely started the week in negative territory.

In China, most-actively traded SHFE copper and aluminum futures both settled 1.1% lower earlier today, although nickel prices edged up in Shanghai. In London, LME 3-mo. copper and aluminum were trading down around $4,780/mt and $1,530/mt, respectively, as of this writing. In equities trading, share prices were down at most of the major exchange in Asia and Europe this morning, and as the WSJ’s Daily Shot reports, Mondays have not been good for the S&P 500 this year:

MarketDevelopment033001


ThisMOrning033002
Load more comments
avatar
Login to be able to comment