Coffee Futures Bullish Momentum With A 8% Jump In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 8.95% for the last 21 sessions. At 05:52 EST on Wednesday, 4 September, Coffee (KC) is $245.35.

Today’s last reported volume for Coffee is 2255, 89.45% below its average volume of 21374.99.

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.

Crude oil trying to hold steady at the low end of near-term chop. According to FXStreet on Monday, 2 September, "OPEC’s extended league of non-member allies, OPEC+, is set to beginning easing back on voluntary production caps as smaller countries buckle under the weight of lopsided pumping limits meant to keep global Crude Oil prices buoyed. ", "With Chinese business activity stumbling into a steeper-than-forecast rut, markets are growing apprehensive that a drag in Chinese Crude Oil demand growth could leave the global oil market with a permanent overhang."

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