Brazil's instant coffee faces 50% US tariff, exports down 35% while other beans are exempt. Industry seeks clarity, fears prolonged trade friction.
Lean hog futures hit new highs, up $0.75 on strong slaughter numbers. Coffee and cocoa prices fluctuate with currency and weather.
CoinDesk 20 dips 0.6% to 2730.82. APT +1.8%, UNI +0.8% lead gains; POL -2.2%, ICP -1.7% drag.
US business growth ticks up to 52.8, but jobs growth stagnates. Inflation persists, Fed likely holds rates steady.
Gold surges 14% YTD, dollar sinks 9% as policy whiplash fuels haven demand. Stocks rebound, but high valuations loom.
Equity funds see $5.26B outflows amid tariff fears; financials & metals lead sector inflows. Bonds attract $5.9B.
US consumer sentiment ticks up to 56.4, but remains 21% below last year. Inflation expectations ease to 4%, but trade war fears loom.
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