Gold Aug '18 (GCQ18)
Gold Futures Market News and Commentary
The dollar index (DXY00) is down by -0.04% today. The dollar gave up an early advance today and turned lower on weaker-than-expected US economic news, including July new home sales and Aug consumer confidence. Also, WTI crude oil plunged -3% to a 1-week low today, lowering inflation expectations and a dovish factor for Fed policy. In addition, safe-haven demand for the dollar was reduced today after the New York Times reported the US State Department is preparing to send US diplomats back to embassies in the Middle East that were evacuated before and during the war with Iran, suggesting that the Trump administration does not anticipate a return to all-out hostilities with Iran.
The US June S&P Composite-20 Home Price Index rose +2.1% y/y, stronger than expectations of +1.8% y/y and the largest year-over-year increase in a year.
US July new home sales fell -10.5% m/m to a 6-month low of 607,000, weaker than expectations of 620,000.
The US July Richmond Fed manufa... Read more
Barchart · 1 hour ago
Bessent’s bond market intervention is a critical failure, and expectations are similarly low for his plan to outgrow $40T in debt.
Barchart · Tue Aug 25, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.04% today. The dollar gave up an early advance today and turned lower on weaker-than-expected US economic news,...
ONE44 Analytics · Tue Aug 25, 8:28AM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Barchart · Tue Aug 25, 6:15AM CDT
Despite Monday's strong rally in Corn, the Coffee market was still in the spotlight early Tuesday morning.
Blue Line Futures · Tue Aug 25, 6:02AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 730)
Barchart · Mon Aug 24, 2:36PM CDT
The dollar index (DXY00 ) rose by +0.22% on Monday. The dollar gained on Monday on safe-haven demand after US Treasury Secretary Bessent unveiled US plans...
Barchart · 24 minutes ago
Activist investor Carl Icahn has lowered his active stake in JetBlue as its debt grows due to rising fuel costs.
Barchart · 46 minutes ago
Nebius revealed that the funding will be raised through two series of notes.
Barchart · 55 minutes ago
Although F5 has outperformed the SPX over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.
Barchart · 1 hour ago
October NY world sugar #11 (SBV26 ) is down -0.37 (-2.10%) today, and October London ICE white sugar #5 (SWV26 ) is down -18.70 (-3.49%). Sugar prices...
Barchart · 1 hour ago
Bessent’s bond market intervention is a critical failure, and expectations are similarly low for his plan to outgrow $40T in debt.
Barchart · 1 hour ago
December ICE NY cocoa (CCZ26 ) is down -127 (-2.14%) today, and September ICE London cocoa #7 (CAU26 ) is down -110 (-2.59%). Cocoa prices are under pressure...
Barchart · 1 hour ago
CoreWeave’s multibillion-dollar deal with Hudson River Trading adds a major AI customer and strengthens the case for its growing cloud infrastructure...
Barchart · 1 hour ago
While Quest Diagnostics has outpaced the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s...