Gold Aug '18 (GCQ18)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell to a 3.5-week low on Wednesday and finished down by -0.46% today.  The dollar retreated on Wednesday with T-note yields 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 10% from 43% on Monday, further weighing on the dollar. Â
Losses in the dollar were limited amid escalating hostilities in the Middle East that are boosting crude oil prices after US forces launched airstrikes against Iran today for a fifth day. The higher crude prices raise inflation expectations and could prompt the Fed to tighten monetary policy, a supportive factor for the dollar.  Also, the Jul Empire manufacturing survey general business conditions report rose more than expected, a positive 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... Read more
Barchart · Wed Jul 15, 2:33PM CDT
The dollar index (DXY00 ) fell to a 3.5-week low on Wednesday and finished down by -0.46% today. The dollar retreated on Wednesday with T-note yields...
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...
Barchart · 56 minutes ago
Cotton futures closed the Wednesday session with contracts up 24 to 96 points at the final bell. Crude oil was up 90 cents on the day with the US dollar...
Barchart · 56 minutes ago
Corn futures posted gains of 5 to 9 cents across the board at the close on Wednesday, getting spillover support from near limit gains in wheat. That came...
Barchart · 56 minutes ago
Live cattle futures closed with $1.30 to $2.82 losses on Wednesday. Cash trade started to pick up this week, with a few light northern sales of $378-380...
Barchart · 56 minutes ago
Lean hog futures posted gains of $1.05 to $2.35 across most contracts on Wednesday, with July up 7 cents on expiration. USDA’s national base hog price...
Barchart · 56 minutes ago
The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly...
Barchart · 56 minutes ago
Soybeans were up 7 ½ to 11 cents at the Wednesday close. The cmdtyView national average Cash Bean price was up 8 3/4 cents $11.55 1/2. Soymeal futures...
Barchart · 1 hour ago
Aehr stock soars on blockbuster Q2 earnings and impressive future guidance. But Wall Street sees AEHR shares as overvalued at current levels.
Barchart · Wed Jul 15, 4:12PM CDT
IBM’s weak preliminary report isn’t a sign of AI slowing but a leading indicator of the second wave of AI. Traditional enterprises are shifting budgets...