Gold Aug '13 (GCQ13)
Gold Futures Market News and Commentary
The dollar index (DXY00) is down by -0.02% today. The dollar index is under slight pressure as an easing of tensions in the Middle East has curbed safe-haven demand for the currency after the US and Iran held off attacks on one another for a third straight day. Also, today's -6% plunge in WTI crude oil has lowered inflation expectations and could prompt the Fed to pursue easier monetary policy, a negative factor for the dollar. In addition, weakness in T-note yields today has weakened the dollar's interest rate differentials.Â
The dollar recovered from its worst level today after Jun capital goods new orders, nondefense, ex-aircraft and parts rose more than expected, a sign of economic strength. Some safe-haven demand also supports the dollar as President Trump has raised the possibility of intensified action against Iran and as Houthi militants in Yemen claimed to have struck facilities linked to Saudi Aramco in the Red Sea port towns of Jizan and Yanbu on Saturday.  Read more
Barchart · Mon Jul 27, 9:37AM CDT
The dollar index (DXY00 ) is down by -0.02% today. The dollar index is under slight pressure as an easing of tensions in the Middle East has curbed safe-haven...
Gold Price Forecast · Mon Jul 27, 8:19AM CDT
Oil topped BEFORE the bombing stopped - how come?
Barchart · Mon Jul 27, 6:23AM CDT
If I told you a look at the quote screen early Monday morning brought to mind The Bangles, Bad Bets, Train Wrecks, and The Red Wedding, would you be intrigued?...
Blue Line Futures · Mon Jul 27, 6:15AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 709)
Barchart · Fri Jul 24, 2:48PM CDT
The dollar index (DXY00 ) on Friday ended the day little changed. The dollar index was undercut as oil prices fell back by about -3%. Also, the 10-year...
Barchart · Fri Jul 24, 9:56AM CDT
The dollar index (DXY00 ) today is unchanged. The dollar index is being undercut today as oil prices fell back by about -3%. Also, the 10-year T-note...
Barchart · 19 minutes ago
Hyliion just landed a $41.7 million U.S. Navy contract, fueling a sharp rally and raising hopes that HYLN stock may have further upside.
Barchart · 43 minutes ago
October NY world sugar #11 (SBV26 ) today is down -0.18 (-1.22%), and October London ICE white sugar #5 (SWV26 ) is down -1.50 (-0.33%). Sugar prices are...
Barchart · 47 minutes ago
Macerich Company (MAC) , a retail REIT, is demonstrating strong technical momentum. Shares are up nearly 50% over the past year. A 2.59% dividend yield...
Barchart · 59 minutes ago
Synopsys is gearing up to release its third-quarter results soon, and analysts are expecting a double-digit increase in the company’s bottom-line figure....
Barchart · 1 hour ago
September ICE NY cocoa (CCU26 ) today is down -256 (-4.76%), and September ICE London cocoa #7 (CAU26 ) is down -178 (-4.43%). Cocoa prices gave up an...
Barchart · 1 hour ago
In the upcoming Q1 earnings, the spotlight will be on whether Arm's AI CPU strategy is becoming its next major growth engine.
Barchart · 1 hour ago
September arabica coffee (KCU26 ) today is up +9.60 (+3.06%), and September ICE robusta coffee (RMU26 ) is up +33 (+0.88%). Coffee prices are sharply higher...
Barchart · 1 hour ago
Alphabet has invented a compression method that could cause Micron's growth to meaningfully decelerate.