Coffee futures shed nearly one percent in American trade as the dollar index rose according to their inverse relation, which follows earlier U.S. data on personal income, spending, and pending home sales last month.
 
As of 08:01 GMT, coffee futures slid 0.74% to $153.70 a pound from the opening of $154.30, with an intraday high at $154.50, and a low at $152.15, while the dollar index rose 0.06% to 100.49 from the opening of 100.43.
 
Earlier data from the world's largest economy showed personal income up 0.3% in December, up from 0.1% in November, which was revised higher from zero, while analysts expected a 0.4% rise.
 
Personal spending rose 0.5% in December, above expectations of 0.4%, and compared to November's 0.2% rise.

Finally, pending home sales rose 1.6% in December, matching expectations and compared to November's 2.5% drop.

Silver prices fell on Monday as the dollar gained ground, which stemmed the white metal's advance today, while haven demand kept underpinning the metal due to tensions in the markets.
 
Silver last traded at $17.13 an ounce, down from the opening of $17.16, with an intraday high at $17.26, and a low at $17.03.
 
Silver's current decline comes as the dollar rose today against a basket of currencies to a one-week high following strong U.S. income and spending data, in turn hurting the white metal.
 
Demand was still high on silver as a safe haven amid concerns about the new U.S. administration, which kept silver down and forced it into sideways trading.
 
The dollar index, measuring the greenback against a basket of currencies, rose to 100.48 from the opening of 100.34, with an intraday high at 100.99, and a low at 100.16, following upbeat U.S. income and spending data.

Crude prices fell on Monday for the second straight session amid ongoing concerns about future global production as U.S. output rises, resurfacing worries about oversupply and the futility of OPEC's production cuts.
 
U.S. crude futures last traded at $52.78 a barrel, down from the opening of $53.09, with an intraday high at $53.43, and a low at $52.40.
 
The weekly report on U.S. oil rigs showed another rise, which rekindled worries about U.S. production increases, which weighed on prices and forced them down for the second session.
 
OPEC and other producers reaffirmed their commitment to cut production in the recent Vienna meeting, while pointing at achieving a cut of 1.5 million bpd, nearing the target of 1.8 million bpd.
 
As for the dollar, it returned higher today to a one-week high against a basket of currencies, heaping pressure on prices according to their inverse relation, amid improving U.S. income and spending data.

Sterling kept falling on Monday for the third straight session as the dollar recovered today, while risk appetite fell in the markets due to concerns about U.S. president Trump's policies, as investors await the Bank of England's meeting this week.
 
GBP/USD last traded at 1.2503, down from the opening of 1.2594, with a session-high at 1.2601, and a low at 1.2491.
 
Dollar rose today to a one-week high against a basket of currencies following strong personal spending and income data from the U.S., which hurt the pound, even after the dollar trimmed the gains.
 
U.S. president Trump ordered a bank on visitors from seven Muslim-majority countries, raising worries in the markets about the new U.S. administration's policies and its impact on corporations, in turn nudging investors towards safe havens.
 
Later this week, the markets await the BoE's meeting, expected to hold policy steady, but its report will be studied for the growth and inflation forecasts.