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FBN’s Sandra Smith from the CME on commodities trading today and news that the Labor Department will release jobs data as planned Friday.
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And while stocks are trading today commodities are still humming along sandy Smith is on the busy Florida CME with the latest aircraft.
You -- -- not to be sandy day you bring his finger and say and dad Melissa and actually things are coming down here right now.
Actually just taking a look at one rumor there is a lot of trading action today and that is in the green treating.
They are treated right now corn wheat -- the agricultural markets the meat products lean hogs live cattle all normal trading session hours today energy products as well are treating our -- gasoline.
-- -- heating oil nymex trading floors closed but all those products are trading electronically as well as gold silver and -- -- Then -- -- dean of traders audio joining me now.
-- make of all this I mean.
Right and about what you're looking had.
And it's it's extremely unusual day down here today -- I mean the only thing it it it's just unique events is basically I can say we have -- certain quadrant -- closed.
The other major markets that are open but very low energy for the most part across the board I mean the grains markets are seeing it in the crude in the gold market while they are trading.
There's just limited participation and some people tend to look took a day like this for opportunity and I usually look at this is more of a big type of risk day so.
I think today if they're really looking for an opportunity you're you're better off just taking some time and spending a few minutes to look at the market from a little bit about longer timeframe on this gives you kind of an unexpected opportunity to review the markets like.
BS and 13% this year we have to leave it there -- -- real quick the the unemployment report is gonna come out Friday that's.
Going to be a big deal yeah that's definitely what traders are looking for right now there's a lot of uncertainty in terms of whether will be -- actually opens tomorrow trading so certainly we're looking forward to Friday -- that's a big jobs out of this week.
Aren't bad -- -- trader rob young guys by the label continue to update viewers Melissa and actually -- Whether or not markets will be opening here tomorrow says -- has made a recommendation that the treasury markets.
He closed tomorrow CME has not made a formal announcement but we will be updating our viewers live from -- -- all that -- -- so yes thank you.
