March 26, 2024
Cocoa Supply Shortage Likely To Persist
Cocoa is not typically a closely watched commodity, but for those who have been watching significant profits may have already been collected with more to come as the delicious product is now reaching record levels, with little relief in sight. The issue is a supply concern as cocoa farmers in West Africa have been hit […]
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March 26, 2024
Asian Daily Market Review
Asian markets were mixed in cautious trade on Tuesday as investors across the region reacted to the overnight losses on Wall Street while also preparing for an upcoming reading on U.S. inflation that could give some clues to upcoming moves from the Federal Reserve. Also in focus was the weakness in the Yen, which remains […]
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March 26, 2024
European Daily Market Review
European markets tumbled today as investors continue to ponder last week’s central bank policy reports from Europe and the U.S. The benchmark Stoxx 600 fell 0.05% at 9:40 a.m. London time as Monday’s lackluster performance continued. Travel stocks soared 0.75% while mining stocks lost 0.6%. The German DAX gained 44.80 or 0.25% from 18,306. The […]
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March 25, 2024
U.S. Daily Market Review
The Dow Jones Industrial Average are in red at the start of the new trading week. The Dow Jones Industrial Average lost 118 points, or 0.3%. The S&P-500 fell 0.1%, while the Nasdaq Composite was little changed. Crude oil futures advanced as Ukrainian drone strikes negatively impacted the Russian production abilities and the Kremlin orders […]
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March 25, 2024
Disney Hits New 52 Week High On Analyst Upgrade
Shares of entertainment giant Disney gained 2.8% on Monday following an upgrade from Barclay’s based on the belief that the company’s turnaround plan is taking shape. Barclay’s analyst Kannan Venkateshwar upgraded Disney to Overweight from Equal Weight while also increasing his price target on the stock substantially to $135 from $95. With shares currently trading […]
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March 20, 2024
Asian Daily Market Review
Asian markets were largely higher on Wednesday following another record setting session overnight on Wall Street. Investors were also looking ahead to the U.S. Federal Reserve monetary policy decision just a day after Japan hiked its own interest rates and ended its negative interest rate policy. It’s expected for the Fed to keep interest rates […]
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