Tag: futures trading
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Cocoa prices sweet for futures traders, but could be sour for manufacturers
Cocoa originated out of the Columbian exchange of goods between Mexico and Central America and European countries after Columbus made his transatlantic trek. This basis for chocolate became a foundational ingredient in the developed world and was consumed in large enough quantities to warrant trading on the public market. Since its introduction to the New…
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Oil prices take a dive, and Equity Guru tells you what it all means
As if 2020 has not been weird and unusual already, today the world experienced another unprecedented wacky event: negative oil prices. If anyone reading this is about to rush to the nearest gas station to get paid to fill up their tank, think again. I already tried that and it didn’t work. A more in-depth…