Price of Crude Could Impact Travel

Productivity and Costs reports came out Thursday May 5, pre-market. Non-farm payroll came in at -7.5% versus the estimate of -5.4%. Initial weekly jobless numbers came in at 200K versus the estimated 182K. Crude oil (/CL) prices could have a significant impact on travel, says Dan Deming, Managing Director, KKM Financial. We are now testing the April highs on crude, explains Dan. Dan and Ben analyze the chart of crude. They discuss the drop in gold (/GC) and silver (/SI). Dan is looking for $1,920 on gold. Tune in for the full discussion.

Futures

05 May 2022

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