Gasoline in New York rallied following a reported outage at Irving Oil Corp.’s Saint John, New Brunswick, refinery, which exports about half of its production to the Northeast market. Futures have jumped 7.9 percent since Sept. 12.
Metals in all forms are a pretty strong barometer of global economic health. However, there does not appear to be a clear picture of what comes next as the U.S. and global economy attempt to move from this period of extraordinary stimulus to more normal conditions.
Whether it is because of the smaller exposure they afford or the finer tuning of risk management they provide, mini and micro contracts have proven to be popular with both novice and experienced traders.