Gold Feb '20 (GCG20)
Gold Futures Market News and Commentary
The dollar index (DXY00) today is up by +0.13%.  The dollar is moving higher today amid weakness in the euro after the Eurozone June CPI report showed prices rose less than expected, knocking the euro lower. Also, today’s decline in the yen to a new 39-year low is dollar-supportive. The dollar found support after Fed Chair Warsh provided no guidance on interest rates at a meeting of central bankers in Portugal.
The dollar fell back from its best level today after the Jun ADP employment change rose less than expected and the Jun ISM manufacturing index fell more than expected. Also, today’s decline in WTI crude oil to a 4.25-month low eases inflation expectations and may prompt the Fed to ease monetary policy, a negative factor for the dollar.Â
The US Jun ADP employment change rose by +98,000, showing a weaker labor market than expectations of +120,000.
The US Jun ISM manufacturing index fell -0.7 to 53.3, weaker than expectations of 53.9. The Jun ISM prices pai... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) today is up by +0.13%. The dollar is moving higher today amid weakness in the euro after the Eurozone June CPI report showed...
Barchart · 1 hour ago
Commodity prices declined in June as the dollar index rallied and interest rates remained elevated. Precious metals and energy commodities posted the most...
Blue Line Futures · Wed Jul 1, 6:26AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 693)
Barchart · Tue Jun 30, 2:35PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.07%. The dollar moved higher amid month- and quarter-end demand, with Tuesday being the last trading day...
Barchart · Tue Jun 30, 9:37AM CDT
The dollar index (DXY00 ) today is up by +0.21%. The dollar is moving higher on month- and quarter-end demand, with today being the last trading day of...
Blue Line Futures · Tue Jun 30, 6:13AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 692)
Barchart · 3 minutes ago
September ICE NY cocoa (CCU26 ) today is up +9 (+0.180%), and September ICE London cocoa #7 (CAU26 ) is down -6 (-0.16%). Cocoa prices are mixed today...
Barchart · 12 minutes ago
September arabica coffee (KCU26 ) today is up +1.50 (+0.51%), and September ICE robusta coffee (RMU26 ) is up +70 (+1.91%). Coffee prices are moving higher...
Barchart · 18 minutes ago
CEO Phong Le’s decision to buy 11,000 shares of STRC near its lows sends a strong signal that insiders may see long-term value emerging from the recent...
Barchart · 28 minutes ago
August WTI crude oil (CLQ26 ) today is down -1.26 (-1.81%), and August RBOB gasoline (RBQ26 ) is up +0.0335 (+1.16%). Crude oil and gasoline prices are...
Barchart · 31 minutes ago
Dover is expected to announce its second-quarter results this month, and analysts predict a double-digit growth in the company’s bottom-line figure.
Barchart · 39 minutes ago
Astera Labs stock prints a new all-time high, but Wall Street analysts on average see significant downside in ALAB shares from current levels.
Barchart · 53 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX )...
Barchart · 55 minutes ago
Arteris (AIP) demonstrates exceptional momentum, gaining 425% over the past 52 weeks. Shares are trading near new all-time highs, and the stock maintains...