Gold Aug '18 (GCQ18)
Gold Futures Market News and Commentary
The dollar index (DXY00) rallied to a 2.5-week high on Friday and finished up by +0.47%. The dollar rallied on Friday on concerns that strong US economic news and soaring crude oil prices will prompt the Fed to tighten monetary policy, a bullish factor for the dollar.  Friday's economic news was bullish for the dollar after the May Empire manufacturing survey general business conditions unexpectedly rose to a 4-year high, and Apr manufacturing production posted its biggest increase in 14 months. Also, the 10-year T-note yield rose to an 11.75-month high of 4.60% on Friday, strengthening the dollar's interest rate differentials. Finally, slumping equity markets on Friday boosted liquidity demand for the dollar.
The US May Empire manufacturing survey of general business conditions unexpectedly rose +8.6 to a 4-year high of 19.6, stronger than expectations of a decline to 7.2.
US Apr manufacturing production rose +0.6% m/m, stronger than expectations of +0.2% m/m and the... Read more
Barchart · Fri May 15, 2:33PM CDT
The dollar index (DXY00 ) rallied to a 2.5-week high on Friday and finished up by +0.47%. The dollar rallied on Friday on concerns that strong US economic...
Barchart · Fri May 15, 10:43AM CDT
Platinum is hovering around $2,000 per ounce, $925 below its late January all-time high. Platinum’s current consolidation could be the perfect time to...
Barchart · Fri May 15, 9:38AM CDT
The dollar index (DXY00 ) rallied to a 2.5-week high today and is up by +0.39%. The dollar is climbing today on concerns that strong US economic news...
Barchart · Fri May 15, 6:54AM CDT
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 · Fri May 15, 6:31AM CDT
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 · Fri May 15, 11:30PM CDT
As Diamondback Energy has considerably outperformed the broader market over the past 52 weeks, Wall Street analysts maintain a highly optimistic outlook...
Barchart · Fri May 15, 6:00PM CDT
These three Dividend Aristocrats under $100 offer steady payouts, reasonable payout ratios, and analyst-backed upside potential.
Barchart · Fri May 15, 4:52PM CDT
Lean hog futures posted 12 cent to $1.32 losses across the board on Friday, with June settling with a 12 cent gain on the week. USDA’s national base...
Barchart · Fri May 15, 4:52PM CDT
The wheat market retreated lower into the Friday close, with the three exchanges posting losses. Chicago SRW futures were down 11 to 22 1/4 cents on the...
Barchart · Fri May 15, 4:52PM CDT
Cotton futures rounded out the Friday session with contracts down 151 to 333 points. July was 412 points in the red this week, with December falling 355...
Barchart · Fri May 15, 4:52PM CDT
Live cattle futures posted $1.20 to $2.05 higher trade across the board on Friday, with June holding up $5 on the week as the cash market was a driver....
Barchart · Fri May 15, 4:52PM CDT
Corn futures closed the Friday session with contracts falling 7 to 11 ¾ vents as July ended the week with losses of 15 ½ cents. December was12 ½ cents...
Barchart · Fri May 15, 4:52PM CDT
Soybeans were extending the late week losses with close Friday with contracts down 7 to 15 1/12 cents. July was down 31 cents on the week, as November...
