(giulia.petroni@wsj.com)--Cocoa Futures Rise; BMI Hikes Average 2024 Price Forecast -- Market Talk1141 GMT - Cocoa futures rise 0.5% to $7,489 a metric ton, as BMI hikes its average price forecast. (joseph.hoppe@wsj.com)--Palm Oil Rises After Higher Export Estimates -- Market Talk1033 GMT - Palm oil ended higher after robust export estimates from cargo surveyors. (joseph.hoppe@wsj.com)--Oil Regains Some Ground Following Steep Loss0813 GMT - Oil prices rise in early European trade following a steep drop last week as Israel escalates its military campaign in Lebanon. The recent climb in gold prices probably stems from safe-haven demand due to escalating Middle East tensions and uncertainty over the U.S. presidential election, Dhar says. The prospect of easier monetary policy in most advanced economies worldwide has also spurred gold futures higher, Dhar says.

Source: Wall Street Journal October 21, 2024 12:18 UTC