Commodity prices are the biggest movers on Tuesday with Copper adding more than 1% while Sugar is down nearly 1.5%. Copper prices were already up above 2% before erasing some of those gains as traders discounted the hopes that renewed US-China talks can prevent additional barriers on trade. Any slowdown in China could be detrimental for copper prices as the country is the biggest consumer of the metal. Meanwhile Sugar prices are under pressure as strong dollar pushes the USDBRL to the highest levels since Brazilian elections.
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