Cannon Trading Co. Inc.
Since 1988

9301 Wilshire Blvd
Suite 515
Beverly Hills, CA 90210
(800) 454-9572 USA
(310) 859-9572 International
info@e-futures.com

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Commodities turn lower for 2nd day on crude drop (AP via Yahoo! News)
Commodities extended their slide Wednesday as crude oil fell below $125 a barrel, dragging down gold, soybeans, wheat and other hard assets as traders shifted money into equities.
Wed, 23 Jul 2008 21:01:15 GMT


Australia Dollar Falls to One-Week Low as Commodities Slide (Bloomberg.com)
July 24 (Bloomberg) -- The Australian dollar fell to the lowest in more than a week as prices of commodities the nation exports such as gold and copper dropped.
Wed, 23 Jul 2008 23:49:42 GMT


Commodities Fall to 7-Week Low as Investors Shun Energy, Metals (Bloomberg.com)
July 23 (Bloomberg) -- Commodities dropped to the lowest level in seven weeks as a stronger dollar and rising equity markets eroded the appeal of oil, gold and corn as alternative investments.
Wed, 23 Jul 2008 21:49:22 GMT


Summary Box: Commodities slump lower on crude drop (AP via Yahoo! Finance)
COMMODITIES KEEP FALLING: Commodities prices sold off for a second day Wednesday, as another big drop in crude prices led traders to dump alternative investments like gold, corn and soybeans.
Wed, 23 Jul 2008 21:53:25 GMT


Weak economy, mild weather sap commodities boom (AP via Yahoo! Finance)
Only a month ago, sizzling commodities prices seemed destined to soar higher with record-breaking rallies in crude oil and corn. But now the boom appears to be taking a breather, cooled by a weakening economy and a milder Mother Nature.
Wed, 23 Jul 2008 19:38:40 GMT


Bovespa Falls With Commodities on Stronger Dollar; Mexico Gains (Bloomberg.com)
July 23 (Bloomberg) -- Brazil's main stock index dropped to a two-week low, led by energy producers and steelmakers, as oil fell almost $4 and a stronger U.S. dollar limited the appeal of commodities as an alternative investment.
Wed, 23 Jul 2008 20:42:09 GMT


Commodities Fall to 7-Week Low as Investors Shun Energy, Metals (Bloomberg.com)
July 23 (Bloomberg) -- Commodities dropped to the lowest in seven weeks as a stronger dollar and rising equity markets eroded the appeal of oil, gold and corn as alternative investments.
Wed, 23 Jul 2008 16:31:19 GMT


Alliance Grain Traders to Acquire Tradewind Commodities (Canadian Business)
TORONTO - Alliance Grain Traders Income Fund (TSXV:AGT.UN) has agreed to buy Saskatchewan-based crops processor Tradewind Commodities Ltd. for an undisclosed amount.
Wed, 23 Jul 2008 20:05:45 GMT


Mizuho mulls overseas commodities (The Japan Times)
Mizuho Financial Group Inc. will become the first of Japan's three largest banks to launch an overseas team dedicated to commodities trading. A four-member team in London will begin trading on European and U.S. markets as early as this month, Koji Onishi, head of the derivative business development team at Mizuho, Japan's second-largest bank by revenue, said in an interview in Tokyo. Read the ...
Wed, 23 Jul 2008 21:05:38 GMT


Commodities slump after crude, corn turn lower (AP via Yahoo! News)
Commodities mostly fell Tuesday as oil skidded lower and corn dropped below $6 a bushel, suggesting the commodities boom may be losing momentum as the slowing world economy saps demand for energy and raw materials.
Tue, 22 Jul 2008 21:06:28 GMT


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