Daily Close | Forex, Metals, Oil, Agriculture March 25, 2021

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Agriculture

In the overnight electronic session, the May corn is starting out slowly with the market currently trading at 551 ½ which is 1 ¾ of a cent lower.

Currencies

A stronger greenback makes dollar-denominated commodities such as oil less attractive for holders of other currencies. Also weighing on prices, the dollar hit a fresh four-month high against the euro on Thursday.

Metals

I award gold, silver, and bronze medals for the best “easy money” quotes. Radomski is the author of Sunshine Profits’ Gold & Silver Trading Alerts and many of company’s investment tools.

Oil

OPEC promised to keep production in place to keep the market in balance and the market is registering that now. In the overnight electronic session, the May crude is currently trading at 6010 which is 108 points lower. The April East-West 380 fuel oil differential lost $0.75 to $13.25/mt, while the May contract lost $0.50 to $13.25/mt.

United States

less With the Nasdaq has put in a lower high and the Russell 2,000 touched the technical definition of a correction intraday today, sentiment has turned the other cheek. The April 21 ULSD CIF Med cargoes differential was up $0.25 from the previous close at $4.50/mt, while the May 21 differential was flat at $4.75/mt. The April 21 ULSD CIF NWE cargoes differential was up $0.50 from the previous close at $3.00/mt, while the May 21 differential was up $0.25 at $3.25/mt.
The question is, will we see a return of the same kind of deleveraging after the US economy rebounds away from the pandemic recession? less Cathie WoodSource: CNBCArk Invest’s Cathie Wood on Thursday defended retail investors and their open-mindedness about innovation’s role in disrupting the world order and Wall Street. Today, Wall Street continues to use Zacks research including the Zacks Rank and Zacks Equity Research, which combines the best of quantitative and qualitative analysis.
The above quotes are excerpts from Fed officials press promise of complete recovery. Maryland-based Tenable (Nasdaq: TENB) is a leading player in the market that recently reported its stellar fourth-quarter results. One such stock, which got overwhelming support from Wall Street analysts, was Chinese electric SUV-maker Nio (NYSE:NIO). less Numerous Fed presidents made speeches this week. Investing.com Follow It’s not easy to replicate the success of Tesla (NASDAQ:TSLA). It’s not easy to replicate the success of Tesla (NASDAQ:TSLA).
He has been quoted in a variety of financial news publications, such as CNBC, the Wall Street Journal, and the New York Post. Unheard of in the days when all Wall Street could say was “Buy”.

Europe

ECB member De Guindos sees Eurozone GDP contracting in the first half of the year.

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