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April 21, 2023
The Palladium future gains 1.25%, putting it at the top of this list of commodities gainers.
Markets don't have a clear cut direction — Gold trades at $1,996.8 after losing 1.1%. Soybeans drawing back 0.82% to $1,456.5.
Current market events are being influenced by ambiguous macro data as United States Existing Home Sales (Mar) came out at 4.44 million, while a consensus of analysts was expecting 4.5 million.
The Platinum future | +0.95% in mid-session
Keeping up its 10 days of climbing (+$103.5), Heading in the same direction for now — after closing at $1,107.6 yesterday, Platinum began today at $1,110 with significant bullish sentiment driving Platinum's price action higher. So far today, price action has drawn out a distinct $1,102 to $1,122.2 range.
The Feeder Cattle future | +0.75% in mid-session
Having set a significant high of $229.48 a day ago, the Feeder Cattle future is trading 8.28% lower.
+1.25%: commodity traders stay bullish as CME Palladium adds $19.8 or 1.25%
Today's session so far looks to be heading in the same direction — small gain for the Palladium future at $1,608.5 per troy ounce after ranging between $1,578 and $1,617.5 today.
