Gold Jun '23 (GCM23)
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 · 23 minutes ago
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 · Wed May 13, 9:45AM CDT
The dollar index (DXY00 ) climbed to a 1.5-week high today and is up by +0.22%. The dollar is moving higher today on the stronger-than-expected US Apr...
Blue Line Futures · Wed May 13, 5:52AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 658)
Barchart · 7 minutes ago
As a career investor, I am not buying into the Cerebras IPO hype.
Barchart · 16 minutes ago
POET stock soars on a $500 million deal with Lumilens. But investors are recommended treading the surge as an opportunity to trim exposure to POET shares....
Barchart · 16 minutes ago
Strong demand and supply constraints provide a solid foundation for this AI company to deliver robust earnings growth in the coming quarters.
Barchart · 22 minutes ago
The race to dominate the weight-loss drug market is heating up, and investors should start watching this one smaller player closely.
Barchart · 25 minutes ago
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 · 38 minutes ago
June WTI crude oil (CLM26 ) on Thursday closed up +0.15 (+0.15%), and June RBOB gasoline (RBM26 ) closed down -0.0130 (-0.36%). Crude oil and gasoline...
Barchart · 40 minutes ago
June Nymex natural gas (NGM26 ) on Thursday closed up +0.030 (+1.05%). Nat-gas prices recovered from early losses on Thursday and settled higher on a smaller-than-expected...
Barchart · 41 minutes ago
Nvidia stock is rallying on reports that the U.S. has approved H200 sales to 10 major Chinese customers. Recent filings also confirm that President Trump...
