Cocoa bean

Lower-than-forecast producer inflation data fans expectations of interest rate cuts from the Federal Reserve, a day after the US central bank reiterated that any monetary policy move would still be dependent on inflation easing.

2024-06-13T15:27:45+0100

In April cocoa prices hit record highs due to supply issues form Ivory coast the world's largest producer.

2024-06-13T09:01:49+0100

As expected, the Fed left fund rates target range unchanged at 5.25%-5.5%. Fed policymakers now see only one rate cut of 25 basis points in 2024, compared to a total of 75 basis-point cut previously.

2024-06-13T08:30:42+0100

US stocks likely to rise as most chip and megacap stocks are indicated higher ahead of consumer confidence data. Tesla offers US customers a month's trial of its driver-assist technology, Full Self-Driving.

2024-03-26T13:53:33+0000

Cocoa prices continue to climb to new record highs in both London and New York with three factors at play: weather, economic cycle-related issues and human intervention.

2024-03-26T12:29:04+0000

Ocado volumes grew 8.1% in Q1 YoY, driving Q1 retail revenue growth of 10.6% to £645.3 million. The average basket value was up 2.1%, while basket size was stable year-on-year.

2024-03-26T08:00:38+0000

US stocks stay muted ahead of the US Federal Reserve, which is seen holding rates steady this Wednesday. Much attention will be on what US policymakers say rather than what they do.

2024-03-19T13:56:07+0000

​​Cocoa prices reach record highs as some producers are forced to reduce or even halt production due to lack of supply.​

2024-03-19T13:50:23+0000