Against the current: Markets are down, yet Platinum, Live Cattle, Oats go up and make this list of top gainers.
Commodity markets are slipping — Gold trades at $1,626.2 after losing 0.65%. Crude Oil slipping 1.7% and closing at $84.3.
While price action maintains a negative bias, United States Existing Home Sales (Sep) released yesterday at 14:00 UTC with a figure of 4.71 million, while the previous figure was 4.78 million.
Though markets had an unsatisfactory day yesterday, some commodities manage to recover and make it to the list of top gainers. Take a look.
CME Live Cattle | Currently steady around $151.65
While Live Cattle is on a 5 day uptrend Today's session might suggest a slow down — CME Live Cattle trades at $151.65 per pound, after ending yesterday at $151.68.
Oats | Currently steady around $376
A 5 day downtrend has resulted in the asset losing $32. Today is looking a bit better: the CME Oats future trades at $376 per bushel, after ending yesterday at $375.5.
CME Platinum | +1.05% in mid-session
Having set a significant high of $1,168.8 a month ago, CME Platinum is trading 15.47% lower.