Gold Apr '19 (GCJ19)
Gold Futures Market News and Commentary
The dollar index (DXY00) is down by -0.12% today.  The dollar is under pressure today after US June producer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 11% from 43% on Monday, further weighing on the dollar. Â
Losses in the dollar are limited amid escalating hostilities in the Middle East that are boosting safe-haven demand for the dollar after US forces launched airstrikes against Iran today for a fifth day. Also, the Jul Empire manufacturing survey general business conditions report rose more than expected, a supportive factor for the dollar.
US Jun PPI final demand eased to +5.5% y/y from +6.0% y/y, weaker than expectations of +6.2% y/y. Jun PPI ex food and energy rose +4.7% y/y, weaker than expectations of +5.1% y/y.
The US Jul Empire manufacturing survey of general business conditions rose +9.9 to 15.6, stronger than expectati... Read more
Barchart · Wed Jul 15, 9:38AM CDT
The dollar index (DXY00 ) is down by -0.12% today. The dollar is under pressure today after US June producer prices rose less than expected, a dovish...
Blue Line Futures · Wed Jul 15, 6:17AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 701)
Solvid · Tue Jul 14, 3:53PM CDT
In July, investors were dealt the news that they had long been suspecting was on the way: the ceasefire in Iran is over, and with it, another energy shock...
Barchart · Tue Jul 14, 2:32PM CDT
The dollar index (DXY00 ) fell by -0.32% on Tuesday. The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor...
Barchart · Tue Jul 14, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor...
Blue Line Futures · Tue Jul 14, 6:11AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 700)
Barchart · 9 minutes ago
Nvidia stock may have slowed down this year, but Wall Street thinks the biggest rally is still ahead.
Barchart · 13 minutes ago
ASML reports a solid Q2 and raises full-year sales guidance again. But options data suggests downside lies ahead for ASML shares.
Barchart · 24 minutes ago
UMC starts silicon photonics mass production in Singapore.
Barchart · 30 minutes ago
October NY world sugar #11 (SBV26 ) on Wednesday closed down -0.03 (-0.20%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -14.20 (-3.06%). Sugar...
Barchart · 37 minutes ago
September ICE NY cocoa (CCU26 ) on Wednesday closed up +77 (+1.33%), and September ICE London cocoa #7 (CAU26 ) closed up +34 (+0.79%). Cocoa prices settled...
Barchart · 38 minutes ago
September arabica coffee (KCU26 ) on Wednesday closed up +0.65 (+0.20%), and September ICE robusta coffee (RMU26 ) closed up +62 (+1.61%). Coffee prices...
Barchart · 53 minutes ago
Starbucks is scheduled to report its third-quarter results soon, and analysts expect a double-digit earnings increase.
Barchart · 1 hour ago
OpenAI’s struggles could cause the AI bubble to burst, bringing down with it much more than the company’s hardware division.