(VIANEWS) – Copper (HG) has been up by 5.34% for the last 10 sessions. At 23:52 EST on Wednesday, 18 September, Copper (HG) is $4.29.
Volume
Today’s last reported volume for Copper is 10002, 99.99% below its average volume of 9002519174.22.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.
Copper’s highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper’s commodity is considered to be oversold (<=20).
News about
- Crude oil hovers below $70 as traders focus on US supply disruptions, fed meeting. According to FXStreet on Tuesday, 17 September, "This helps Crude Oil prices higher in the assumption that a bigger rate cut would give a brief push to the economic activity, which in turn would benefit Oil demand.", "At the time of writing, Crude Oil (WTI) trades at $69.02 and Brent Crude at $72.25."
- Crude oil slides below $70 ahead of vital fed meeting. According to FXStreet on Wednesday, 18 September, "A bigger 50 bps cut in borrowing costs and further rate cut projections in the Fed’s Summary of Economic Projections (SEP) will be perceived as oxygen for the much-battered Crude Oil price. ", "At the time of writing, Crude Oil (WTI) trades at $69.51and Brent Crude at $72.72."
- According to FXStreet on Tuesday, 17 September, "The fund pursues its investment objective by investing in a portfolio of exchange-traded futures on Light Sweet Crude Oil (WTI), Heating Oil, RBOB Gasoline, Natural Gas, Brent Crude, Gold, Silver, Aluminum, Zinc, Copper Grade A, Corn, Wheat, Soybeans, and Sugar. "
More news about Copper (HG).
