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Coffee Futures Jumps By 4% In The Last 5 Sessions

(VIANEWS) – Coffee (KC) has been up by 4.47% for the last 5 sessions. At 05:54 EST on Tuesday, 15 October, Coffee (KC) is $259.15.

Volume

Today’s last reported volume for Coffee is 1352, 93.61% below its average volume of 21169.54.

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 slides away from $75.00 after OPEC reports gets bearish. According to FXStreet on Monday, 14 October, "At the time of writing, Crude Oil (WTI) trades at $73.43and Brent Crude at $77.24"
  • Usd/cad eyes 1.3800 mark amid bullish usd, weaker crude oil prices. According to FXStreet on Monday, 14 October, "In the meantime, the risk of a further escalation of geopolitical tensions in the Middle East and concerns about supply disruptions from the key producing region should limit losses for Crude Oil prices. ", "Meanwhile, Crude Oil prices open with a bearish weekly gap in reaction to softer Chinese inflation data released over the weekend, which pointed to a sustained deflationary trend and bods poorly with fuel demand. "
  • According to FXStreet on Tuesday, 15 October, "This leads to a further decline in Crude Oil prices, which undermines the commodity-linked Loonie and lends additional support to the USD/CAD pair."
  • According to FXStreet on Tuesday, 15 October, "On Monday, Crude Oil prices dropped nearly 5% following the release of the OPEC Monthly Market Report, which revised its global Oil demand growth outlook for 2024 and 2025. "

More news about Coffee (KC).

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