ICE Coffee slightly declines 0.69% and stands on top of this list of commodities gainers.
Markets don't have a clear cut direction — Natural Gas trades at $3.09 after losing 5.13%. Gold drawing back 0.52% to $1,925.3.
Current market events are being influenced by ambiguous macro data as United States API Weekly Crude Oil Stock came out at 3.38 million, while a consensus of analysts was expecting 1.6 million.
Arabica Coffee | +0.69% in mid-session
8 days ago, Coffee fell to a low of $151.1 but has since recovered 5.79%.
The Cocoa future | +0.43% in mid-session
Cocoa has been losing ground for 8 days Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing the previous trading day at $2,585, the Cocoa future is up to $2,596 per metric tonne, which makes for a move of 0.43%/$11 today.
A slow down? After three days of going up, Live Cattle is flat today, hovering around $157.85.
Today's session might suggest a slow down — the Livestock future trades at $157.85 per pound, after ending yesterday at $157.85.