Gold Oct '12 (GCV12)
Gold Futures Market News and Commentary
The dollar index (DXY00) rose by +0.04% on Friday. The dollar recovered from a 6-week low on Friday and posted modest gains as higher T-note yields strengthened the dollar’s interest rate differentials. The dollar also found support on stronger-than-expected US economic news, including the Q2 employment cost index, the Jul MNI Chicago PMI, and the University of Michigan US Jul consumer sentiment index. In addition, Friday’s +1% increase in WTI crude oil prices raises inflation expectations and could prompt the Fed to tighten monetary policy, a supportive factor for the dollar.
Hawkish comments on Friday from Dallas Fed President Lorie Logan were supportive of the dollar when she said, “Without any policy restraint, inflation will likely continue to trend above target until there’s an unanticipated shock. Modest action in the near term would reduce the likelihood of needing to take sharper action later.”
The US Q2 employment cost index rose +0.9%, stronger than expecta... Read more
Barchart · Fri Jul 31, 2:38PM CDT
The dollar index (DXY00 ) rose by +0.04% on Friday. The dollar recovered from a 6-week low on Friday and posted modest gains as higher T-note yields strengthened...
Barchart · Fri Jul 31, 9:39AM CDT
The dollar index (DXY00 ) is up by +0.46% today. The dollar is moving higher today, rebounding from Thursday's 6-week low. Higher T-note yields today...
Blue Line Futures · Fri Jul 31, 6:23AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 713)
Barchart · Thu Jul 30, 2:35PM CDT
The dollar index (DXY00 ) tumbled to a 6-week low on Thursday and finished down by -0.99%. The dollar retreated on Thursday’s US economic news that...
Barchart · Thu Jul 30, 9:38AM CDT
The dollar index (DXY00 ) dropped to a 6-week low today and is down by -0.91%. The dollar is moving lower today on today's US economic news that showed...
Blue Line Futures · Thu Jul 30, 6:49AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 712)
Barchart · Sun Aug 2, 4:19PM CDT
The market is buying CEO Andy Jassy's spending plan for Amazon.
Barchart · Sun Aug 2, 3:03PM CDT
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Barchart · Sun Aug 2, 2:30PM CDT
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Barchart · Sun Aug 2, 12:30PM CDT
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Barchart · Sun Aug 2, 9:14AM CDT
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Barchart · Sun Aug 2, 9:14AM CDT
Teva Pharmaceutical is set to list its ordinary shares on Sept. 14.
Barchart · Sun Aug 2, 9:12AM CDT
CoreWeave partnered with Leidos to provide AI cloud services for federal agencies.