Sharekhan Commodities Buzz dated March 14, 2007

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Sunil

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Mar 14, 2007, 10:45:41 PM3/14/07
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Commodities Buzz
[March 14, 2007] Please see the attachment for details		 Share khan
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Summary of Contents
 
COMMODITIES BUZZ

Copper: US equity slump weighs on the metal

Sub-prime mortgage sector woes returned to haunt the US equities as the Mortgage Bankers Association (MBA) reported yesterday that mortgage delinquencies rose to 4.95% in the fourth quarter, the highest level since the second quarter of 2003. MBA added that 13.33% of sub-prime borrowers were behind on payments, the highest rate in almost five years.
Regards,
The Sharekhan Research Team 		myac...@sharekhan.com



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