Producers of metals and other raw materials were more or less flat as traders hedged their bets ahead of the Federal Reserve's policy statement Wednesday.
The central bank could sound a cautious note on inflation, a prospect that weighed on gold futures, holding them below the psychologically significant $1800-an-ounce level.
Australia's BlueScope Steel said it was set to report second-half earnings ahead of targets, reflecting strong steel demand and rising prices.
The worst frost to strike Brazil's coffee-growing region pushed futures to another six-year high, as farmers cope with the second weather shock of the year, following a drought during the Southern hemisphere summer.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
07-27-21 1633ET
