Cocoa Jul 21 (CC=F)
| Pre. Settlement | N/A |
| Settlement date | 2021-07-15 |
| Open | 2,414.00 |
| Bid | 2,468.00 |
| Last price | 2,463.00 |
| Day's range | 2,392.00 - 2,473.00 |
| Volume | 20,773 |
| Ask | 2,470.00 |
- FX Empire
Speculators Bet on a Continued Commodity Rally in 2021
This summary highlights positions and changes made by speculators such as hedge funds and CTA’s across commodities, forex, bonds and stock index futures and options up until last Tuesday, December 8. A week where vaccine and stimulus optimism continue to propel stock markets higher and the dollar lower. The commodity sector meanwhile look set to finish the year with an elevated cross-sector long as speculators look for further gains in 2021.
- CoinDesk
First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K
MassMutual's push into bitcoin shows increasing adoption – of the narrative the cryptocurrency can work as a hedge against central-bank money printing.
- Investing.com
Oil up 27% in Best Month Since May
Oil prices jumped 27% or more for November, their biggest leap since the disaster of spring 2020 when crude prices tumbled into negative territory for the first time in history. New York-traded West Texas Intermediate, the leading indicator for U.S. crude, settled down 19 cents, or 0.4%, at $45.34 per barrel. “WTI crude is softer for a second consecutive day but still comfortably above the $44 level as Covid-19 vaccine progress has investors pricing in a much stronger crude demand outlook for the second half of the year,” said Ed Moya, senior market strategist at OANDA in New York.
