Oil is the center of everything today as we all know. The market was up 9.08 before it retraced to the current level of 59.29 +4.39. Most currencies are lower. Canada is of course higher and so is the ¥. Metals are higher except for copper which is lower with equities. The Yuan and the Ruble are higher and other EMs are mixed. USDMXN is 19.4305 +0.0322 (+0.17%), USDCOP is unchanged at 3341.65 and USDBRL closed at 4.0844 and valued at 4.0935 on the CME.
Grans and cotton are lower while cocoa and sugar are higher. Our market continues to be steady with Robusta lagging. The arb is 43.44
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