"I'm always on the lookout for "paralysis by analysis". Often less is more when it comes to learning how to trade. It's important to start simply. Like any long term goal, it's best to break it down into manageable pieces. That's how you make progress and avoid feeling overwhelmed."
– Scott Hoffman
Futures & Options Broker
News, Exchange and FCM Updates
Futures Market News
- Crude oil futures rise amidst rig fire, peak concerns: [Sep 02 02:47 PM] Crude oil futures gained after early losses on Thursday, amidst news and reports that paint a grim picture for the supply of the world's most vital commodity. Read more
- Copper futures hit four-month high on tightening supply: [Sep 02 09:38 AM] The price of copper soared on Thursday morning, reaching a four-month high of $7,675 per ton on the London Metal Exchange, reported the Financial Times. That's the red metal's highest level since April 2010, when it reached $8,000 per ton. Read more
- Slight decrease in jobless claims leads to mild stock rise: [Sep 02 09:07 AM] U.S. equity index futures were mixed this morning, with initial jobless claims showing a very mild decrease - enough that the news wasn't actively bad, but not strong enough to inspire confidence. Read more
- U.S. and China manufacturing drive crude oil futures: [Sep 01 05:28 PM] The price of crude oil surged on Monday, driven by surprisingly optimistic manufacturing figures from both the U.S. and China. The rise in crude futures also buoyed the stocks of producers like Exxon-Mobil, Chevron and Petrobras, which all gained at least 3 percent in today's trading. Read more
- Wheat futures continue to rise, Russia loosens export ban: [Sep 01 12:06 PM] The price of wheat gained on Wednesday, with wheat futures for September delivery climbing 12.4 cents to $6.65 per bushel. Futures for March delivery were even higher, at $7.224 per bushel. Read more
- Sumitomo Metal sees prolonged scarcity for copper ore: [Sep 01 12:05 PM] Sumitomo Metal Mining Company, Japan's second-largest copper smelter, believes that copper will be in short supply for at least half a decade, reported Bloomberg News Wednesday. Read more
- Stock index futures jump despite poor jobs data: [Sep 01 10:13 AM] Stock index futures around the globe soared on Wednesday, despite disappointing jobs data in the U.S. A new report from ADP, the payroll service, showed that for the first time since January, private sector employment in the U.S. fell - a drop of 10,000 jobs, despite an average analyst estimate of 15,000 added jobs. Read more
- Crude oil plummets, heading for monthly loss: [Aug 31 04:16 PM] As economic conditions continue to feed bearish sentiment, crude oil futures sustained heavy losses on Tuesday. On the IntercontinentalExchange, West Texas Intermediate light, sweet crude oil futures for October delivery dropped more than 4 percent to $71.67 per barrel. Read more
- Sugar futures fall after an early surge: [Aug 31 03:33 PM] The price of sugar gained through Tuesday's trading, then fell precipituously in the last hours. After opening around 19.8 cents per pound, the sweetener climbed as high as 20.1 cents per pound before crashing down to just 19.76 cents. Read more
- Gold futures climb amidst general 'angst': [Aug 31 12:36 PM] The price of gold rose on Tuesday, as equity indexes looked set to end the month 4 to 5 percent in the red and economic news continued to frustrate hopes for a strong recovery. Read more
