Despite the markets being mostly flat towards the end of today's trading session, Coffee, Heating Oil, Cotton have end the day as top gainers.
Markets are currently flat. Crude Oil up to $78.67, gaining 1.85%. Gold up 0.42%, trading at $1,762.7.
Current market events are being influenced by ambiguous macro data as highly important Consumer Confidence data from United States beat analyst expectations of 100 with a reading of 100.2.
Though yesterday was a flat session for markets, some commodities are managing to increase in value. Take a look at our top gainers.
The Coffee future | +3.56%; session high: $169.5 session low: $161.5
3 days and $2.75 of gains are not enough for Coffee. This session seems to remain in the same lane for now — ICE Coffee rallies $5.8 (3.56%) deep into the session, trading at $168.65 per pound.
Heating Oil Futures | +2.96%; session high: $3.33 session low: $3.17
The commodity has been trending lower for about a month.
Cotton | +2.18%; session high: $81.26 session low: $78.95
Cotton is now trading 34.63% below its 3-month high of $154.89.