Coffee Futures Bullish By 7% In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 7.51% for the last 10 sessions. At 05:52 EST on Tuesday, 17 September, Coffee (KC) is $260.45.

Volume

Today’s last reported volume for Coffee is 1466, 93.12% below its average volume of 21333.26.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.23%, and 2.95%, respectively.

Coffee’s highest amplitude of average volatility was 2.18% (last week), 1.89% (last month), and 2.95% (last quarter), respectively.

News about

  • Crude oil dips after soft Chinese data adds more downside pressure. According to FXStreet on Monday, 16 September, "Traders would stem a bigger rate cut as supportive of growth and demand, supporting Crude Oil prices.", "A bigger-than-expected rate cut could see Crude Oil rally in the assumption that demand would pick up and lower rates would unfreeze shelved projects and investments that demand Oil to be developed."
  • According to FXStreet on Monday, 16 September, "This comes on top of a downward revision of demand growth forecasts by the Organization of Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) and prompts fresh selling around Crude Oil prices. "

More news about Coffee (KC).

Leave a Reply

Your email address will not be published. Required fields are marked *