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Chart of the Day: Bull Market For Cocoa
No doubt you've heard that commodities are depressed and are dragging down emerging market economies; some aren't though. Cocoa has been a secular bull move since 2000 as more of us enjoy a nibble. Production this year has suffered from drier than usual conditions caused by El Niño so the active futures contract is currently trading at US$3,366 per tonne on the ICE exchange - and looks set to burst through long-term resistance at US$3,400. This will probably trigger a ... Full investment news article
UK court orders Kurdish government to pay Dana Gas $100 million in 14 days
Under the latest ruling, the KRG has 14 days to make payments or the consortia has the right to confiscate government assets. Full investment news article