Sunday, April 26, 2009

Plunging Global FInancial Markets Panicked Over Swine Flu

Just about everything is plunging tonight over fears of a potential swine flu pandemic. Only the US Dollar and gold are higher. Commodities have continued to plunge minute by minute. Soybeans is down more than 45 cents at this writing, having eliminated the past 15 trading days of gains. Even currencies are in turmoil!

from Arlan Suderman's (Farm Futures) Twitters:
Swine flu fears have triggered another round of risk aversion in the world financial markets, spreading into the commodities.