(VIANEWS) – Corn (ZC) has been up by 19.5% for the last 10 sessions. At 14:52 EST on Thursday, 6 July, Corn (ZC) is $507.75.
Volume
Today’s last reported volume for Corn is 128747, 0.3% below its average volume of 129141.53.
Volatility
Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 13.71%, a negative 8.84%, and a positive 6.42%, respectively.
Corn’s highest amplitude of average volatility was 13.71% (last week), 8.92% (last month), and 6.42% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Corn’s commodity is considered to be overbought (>=80).
News about
- According to FXStreet on Wednesday, 5 July, "Worries that a global economic slowdown will dent fuel demand overshadow expectations for tighter supply due to output cuts announced by top exporters – Saudi Arabia and Russia – and act as a headwind for Crude Oil prices. ", "Western Texas Intermediate (WTI) Crude Oil prices come under renewed selling pressure on Wednesday and reverse a major part of the previous day’s positive move. "
- Crude oil forecast: markets display uncertainty on Monday – 04 July 2023. According to DailyForex on Tuesday, 4 July, "The US Oil market struggled to overcome the 50-Day EMA, while Brent Crude Oil experienced a similar setback. ", "The US Oil (WTI Crude Oil) and Brent Crude Oil markets faced challenges during Monday’s trading session. "
- According to FXStreet on Tuesday, 4 July, "Apart from this, a downtick in Crude Oil prices further undermines the commodity-linked Loonie and acts as a tailwind for the USD/CAD pair, though subdued US Dollar (USD) demand continues to cap the upside. ", "Despite supply woes from cuts for August by top exporters Saudi Arabia and Russia, Crude Oil prices remain on the defensive amid worries that a global economic downturn will dent fuel demand. "
More news about Corn (ZC).
