Copper: After rising 2.4% in London trading last week, Copper futures are giving back those gains in early trade, as traders fear Chinese buying will dry up given the relatively high cost of Copper. However, Copper could receive a boost later in the week, especially if the strike by workers at Southern Copper Corp. in Peru continues into its second week. In early trade, December Copper is trading at 361.55, down 10.90.

Wheat: Chicago Wheat futures continue their decline from all-time high prices, as traders look for sharply increased Wheat plantings this fall, as producers take advantage of “attractive” new-crop Wheat prices. Wheat futures in Paris were down as much as 4% in late morning trade, adding to the weakness in the Chicago market. At the end of the overnight session, December Wheat was trading at $8.76 ¼, down 13 ¾ cents.

Dollar Index: The greenback is higher vs. the Euro and Yen in early morning dealings, as traders expect European finance ministers to discuss ways to halt the Euros steep climb vs. the U.S. Dollar the ECB meeting in Luxembourg today. In early trade, December Dollar Index was trading at 78.490, up 0.255.

Futures trading involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future trading results. Trading commentary and analysis is based on information taken from trade and statistical services, news services, and other sources which XPRESSTRADE believes are reliable. We do not warrant that such information is accurate or complete, and it should not be relied upon as such. XPRESSTRADE's policy is to publish market research that is objective, clear, fair, and not misleading. Trading commentary and analysis reflects our good faith judgment at a specific time and is subject to change without notice. There is no assurance that the advice we give will result in profitable trades. All trading decisions will be made on a strictly unsolicited basis by the account holder.