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Cocoa Drops Most Since April 2009, Some Losses Recovered In Muti-Day Volatility Rollercoaster
24.04.2024, 19:09 Uhr. ZeroHedge News - https: - Cocoa Drops Most Since April 2009, Some Losses Recovered In Muti-Day Volatility Rollercoaster Cocoa futures in London on Tuesday plunged the most since April 2009, tumbling as much as 8.1%, while prices slid as much as 7.7% in New York. Prices recovered some losses on Wednesday morning. It appears the downdraft was caused by fast-money traders taking...
Chinese FX Outflows Soar, Priming The Next Bitcoin Surge
24.04.2024, 05:27 Uhr. ZeroHedge News - https: - Chinese FX Outflows Soar, Priming The Next Bitcoin Surge Last October, when we pointed out that China's FX outflows had just hit a whopping $75BN - the single biggest monthly outflow since the 2015 currency devaluation - we concluded that the "unfavorable interest rate spread between China and the US will "likely imply persistent depreciation and outflow...
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