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Rollercoaster: Cocoa Prices Surge Above $10,000 A Ton As Global Supply Fears Worsen
13.06.2024, 21:45 Uhr. ZeroHedge News - https: - Rollercoaster: Cocoa Prices Surge Above $10,000 A Ton As Global Supply Fears Worsen The great Cocoa crash from mid-April to the first half of May seems to have ended. Recall prices crashed 45% in that time after a massive multi-month run-up on global supply fears. Now, prices have surged 57% from the $6.767k/ton low, breaking over the $10k mark...
Producer Price Inflation Cooler Than Expected (But Hovers Near 1 Year Highs)
13.06.2024, 14:41 Uhr. ZeroHedge News - https: - Producer Price Inflation Cooler Than Expected (But Hovers Near 1 Year Highs) After a softer than expected CPI yesterday sparked an all out buying panic in stocks and bonds (before Powell pissed in the punchbowl), this morning's PPI is expected to be 'mixed' with a smaller MoM rise but higher YoY rise (beyond the 12 month highs reached in the prior month)...
S&P Set For 29th Record High Of 2024 As Futures Continue Relentless Grind Higher
13.06.2024, 14:15 Uhr. ZeroHedge News - https: - S&P Set For 29th Record High Of 2024 As Futures Continue Relentless Grind Higher Futures are higher, again, with Tech leading, again, and small-caps lagging, the same trend that we saw after the Powell press conference despite small-caps leading the way most of the session. As of 8:00am, S&P futures were up 0.1% and set for the 29th all time high print...
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