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Cocoa Prices Fall as ICE Cocoa Inventories Soar

1 day 10 hours ago
December ICE NY cocoa (CCZ26 ) is down -146 (-2.49%) today, and December ICE London cocoa #7 (CAZ26 ) is down -134 (-3.06%). Cocoa prices are sharply lower today, pressured by rising ICE cocoa inventories. On Monday, ICE cocoa inventories rose to a 2.25-year high of 3,525,434 bags. Also, signs...
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Cocoa Prices Fall as ICE Cocoa Inventories Soar

1 day 10 hours ago
December ICE NY cocoa (CCZ26 ) is down -146 (-2.49%) today, and December ICE London cocoa #7 (CAZ26 ) is down -134 (-3.06%). Cocoa prices are sharply lower today, pressured by rising ICE cocoa inventories. On Monday, ICE cocoa inventories rose to a 2.25-year high of 3,525,434 bags. Also, signs...
Barchart

Stocks Climb as Inflation Risks Ease and Bond Yields Decline

1 day 10 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.75% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.83%. December E-mini S&P futures (ESZ26 ) are up +0.78%, and December E-mini...
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Global Situation Room Issues AI Reputation Risk Warning

1 day 10 hours ago
Isabel Guzman, chair of the Risk Advisory Council for Global Situation Room, said that misuse of AI poses reputational risks to companies as AI poses accelerated hazards around fraud and misconduct for consumers. Guzman said that while customers enjoy online advances in the financial services sector, they still want to be able to pivot to a live human to help with banking. (Source: Bloomberg)