Daily Market Commentary for April 6, 2011

Commodity Prices Soar

Commodity prices soar as investors continue to focus on the economic outlook along with rising inflation. (Read more at http://www.millennium-traders.com/ne...ricesSoar.aspx )

Economic data released today:

MBA Mortgage Applications:
U.S. MBA Refinance Index fell 6.2% at 2,084.1; Last Week 2,222.5; U.S. MBA Purchase Index rose 6.7% at 201.2; Last Week 188.5; U.S. MBA Market Index fell 2.0% at 475.7; Last Week 485.3.