Gold Apr '16 (GCJ16)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April retail sales report, signaling signs of a resilient US economy. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters reported that the US and China are weighing a potential framework under which each country identifies about $30 billion in goods on which tariffs could be eased without threatening national security interests. The dollar added to its gains on comments from Kansas City Fed President Jeff Schmid, who said the fundamentals of the US economy are sound.
US weekly initial unemployment claims rose +12,000 to 211,000, showing a slightly weaker labor market than expectations of 205,000.Â
US Apr retail sales rose +0.5% m/m, right on expectations. Also, Apr retail sales ex-autos rose +0.7% m/m, right on expectations.
The US Apr import price index ex-petroleum rose... Read more
Barchart · 40 minutes ago
All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.
Blue Line Futures · 1 hour ago
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 660)
Barchart · Thu May 14, 2:32PM CDT
The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April...
Barchart · Thu May 14, 9:38AM CDT
The dollar index (DXY00 ) today climbed to a 2-week high, up by +0.10%. The dollar garnered support from today's as-expected US April retail sales report....
Blue Line Futures · Thu May 14, 6:08AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 659)
Barchart · Wed May 13, 2:36PM CDT
The dollar index (DXY00 ) rallied to a 1.5-week high on Wednesday, finishing up by 0.22%. The dollar moved higher on Wednesday on the stronger-than-expected...
Barchart · 14 minutes ago
Wheat is trading with losses across the three exchanges early on Friday. The wheat complex was under pressure with the rest of the grains on Thursday,...
Barchart · 14 minutes ago
Soybeans are showing 11 to 13 cents lower trade so far on Friday after collapsing on Thursday. Futures posted 20 to 40 ¾ cent losses across most contracts...
Barchart · 14 minutes ago
Live cattle futures retreated from early gains on Thursday with contracts down 32 to 72 cents at the close. Open interest suggested a rotation of ownership,...
Barchart · 14 minutes ago
Lean hog futures saw losses of 45 cents to $1.35 in the front months on Thursday. USDA’s national base hog price was reported at $93.32 on Thursday afternoon,...
Barchart · 14 minutes ago
Corn price action is down 4 to 5 cents so far on Friday morning. Futures were down 9 to 15 cents in the front months on Thursday, falling with the rest...
Barchart · 14 minutes ago
Cotton prices are down 205 to 275 points early on Friday. Futures saw weakness on Thursday with contracts down 175 to 287 points in the front months. The...
Barchart · 42 minutes ago
All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.
Barchart · 51 minutes ago
Despite Targa Resources significantly outperforming the broader market over the past year, Wall Street analysts continue to maintain a strongly bullish...
