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2024-12-19T09:58:38+0000
Chocolate
‘PCE could still surprise, Fed comments eyed’ – Versace
As traders struggle to restart the US market rally, Chris Versace, CIO of Tematica Research, says ‘watch out for the PCE and comments from US Fed Chair Jerome Powell, as they could still deliver surprises’.
2024-03-27T15:58:05+0000
Beat the street: PCE and Fed speakers eyed; paper M&A; non-chocolate treats this Easter?
In a shortened trading week, investors eye inflation and more comments from Fed speakers. DS Smith says it is in talks with International Paper, prompting hopes of a bidding war for the UK paper and packaging company.
2024-03-27T13:49:32+0000
Chocolate prices climb on record high cocoa
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
Cocoa prices reach record highs on supply shortages and speculation
Cocoa prices reach record highs as some producers are forced to reduce or even halt production due to lack of supply.
2024-03-19T13:50:22+0000
Hot cocoa: prices soar on tight supplies
London and New York cocoa prices are expected to continue rallying, with little end in sight to a bean shortage that has forced plants in top producers Ivory Coast and Ghana to cut or stop processing.
2024-03-18T10:10:55+0000
100% rise in cocoa prices sees Easter egg costs spike
The price of Easter eggs this year is up by more than the already high annual inflation rate. The situation is being trumped by a 100% rise in the cost of the humble cocoa bean from this time last year.
2024-02-23T08:35:08+0000
Beat the street: US stocks ‘melt up’ looks set to continue; PepsiCo rare sales decline; hot cocoa
US stocks indicated higher after the S&P 500 breached the 5,000-mark for the first time. PepsiCo’s results show that customers are beginning to push back on its price hikes.
2024-02-09T14:51:46+0000
