Wednesday, March 30, 2011

Quick Overview


  • (FT)Russia plans to extend an export ban on cereals for several months in a move that will tighten further stretched agricultural commodities markets.
  • (FT) Nowhere is the unbridled enthusiasm for silver clearer than at the level of coins and small bars – the type of product most accessible to smaller investors.
  • (DJ)--The rally in the price of silver is running largely on ballooning investment and speculative interest rather than any improving fundamental picture.
  • Russia's gold output this year is likely to increase by 4.5% compared with 2010, to 211.4 metric tons, the gold producers union said.
  • (Bloomberg) -- Optimism among U.S. chief executive officers surpassed the highest level reached before the recession.
  • (Bloomberg) -- About 1.8 million homes that are delinquent or in foreclosure loom as additional supply.
  •  U.S. private-sector companies added 201,000 jobs in March
  • Crude oil stocks rose by 2.9 million barrels in the week ending March 25,


    Gasoline stocks fell by 2.7 million.

    Distillate fuel stocks rose 0.7 million barrels



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