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Cocoa Futures Bullish Momentum With A 8% Rise In The Last 21 Sessions

ViaNews Editorial Team

October 26, 2023

Cocoa Futures Bullish Momentum With A 8% Rise In The Last 21 Sessions
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(VIANEWS) - Cocoa (CC) has been up by 8.95% for the last 21 sessions. At 05:50 EST on Thursday, 26 October, Cocoa (CC) is $3,749.00.

Volume

Today's last reported volume for Cocoa is 1113, 99.99% below its average volume of 11880060.24.

Volatility

Cocoa's last week, last month's, and last quarter's current intraday variation average was 0.77%, 0.36%, and 1.62%, respectively.

Cocoa's highest amplitude of average volatility was 1.25% (last week), 1.24% (last month), and 1.62% (last quarter), respectively.

News about

  • According to FXStreet on Tuesday, 24 October, "Additionally, US Crude stockpiles were expected to have risen last week, a preliminary Reuters poll showed on Monday ahead of the API Weekly Crude Oil Stock and EIA Crude Oil Stocks Change."
  • Crude oil extends declines, WTI aimed for $82 per barrel. According to FXStreet on Tuesday, 24 October, "Tuesday's decline for WTI Crude Oil sees US barrel prices tapping a fresh one-week low at $82.76, and the current downside barrier for barrel sellers will be early October's price floor of $80.63, with the 200-day Simple Moving Average (SMA) sitting near $78.00.", "US PMIs came in well above expectations, sending the US Dollar (USD) higher on Tuesday and adding to downside Crude Oil pressure; the US Composite PMI for October printed a surprise uptick into a flat 51, compared to September's 50.2 printing. "

More news about Cocoa (CC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.