Gold Oct '21 (GCV21)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Friday fell to a 7-week low and finished down by -0.15%.  The dollar came under pressure Friday in hopes that an end to the war in Iran is near, curbing safe-haven demand for the dollar. Also, Friday's rally in stocks has reduced liquidity demand for the dollar. In addition, Friday's 11% plunge in WTI crude oil eases inflation expectations, which is dovish for Fed policy and negative for the dollar.
The dollar recovered from its worst level on Friday after San Francisco Fed President Mary Daly's comments sparked short covering, signaling she favors keeping Fed policy steady. She said the oil shock in the US is stronger on the inflation side than on growth, and leaving policy unchanged would still restrain inflation.
Axios reported that the US and Iran are negotiating over a three-page plan to end the war, with one element under discussion being that the US would release $20 billion in frozen Iranian assets in return for Iran giving up its st... Read more
Barchart · Fri Apr 17, 2:33PM CDT
The dollar index (DXY00 ) on Friday fell to a 7-week low and finished down by -0.15%. The dollar came under pressure Friday in hopes that an end to the...
Barchart · Fri Apr 17, 9:33AM CDT
The dollar index (DXY00 ) today fell to a 7-week low and is down by -0.45%. The dollar is under pressure today in hopes that an end to the war in Iran...
Blue Line Futures · Fri Apr 17, 7:39AM CDT
Gold posts a fourth straight weekly gain as funds exit while silver approaches a key breakout level, with Phil Streible breaking down the metals setup...
EdgeClear · Fri Apr 17, 7:06AM CDT
Silver futures have entered a period of measured consolidation after one of the most volatile price swings in the metal's modern trading history. Following...
Barchart · Fri Apr 17, 6:22AM CDT
As I've said before, the job of analyzing markets has grown much easier given the repetitive cycle of market drivers.
Barchart · Thu Apr 16, 3:27PM CDT
Aluminum prices hit four-year highs on the threat of a blockade as U.S.-Iran talks collapsed. Should you buy Alcoa at this juncture?
Barchart · 29 minutes ago
Dine Brands has already rallied on activist pressure, but with Applebee’s and IHOP still trading below their strategic value, private equity could be...
Barchart · Sun Apr 19, 12:10PM CDT
Charles River Laboratories will release its first-quarter earnings next month, and analysts anticipate a double-digit profit dip.
Barchart · Sun Apr 19, 12:06PM CDT
Walt Disney will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · Sun Apr 19, 12:01PM CDT
Hubbell will release its first-quarter earnings later this month, and analysts anticipate a low double-digit bottom-line growth.
Barchart · Sun Apr 19, 12:00PM CDT
Markets face an interesting week following conflicting signals about Strait of Hormuz access as Iran's Foreign Minister announced Friday the waterway was...
Barchart · Sun Apr 19, 11:58AM CDT
IDEX Corporation will release its first-quarter earnings later this month, and analysts anticipate a low single-digit bottom-line growth.
Barchart · Sun Apr 19, 11:53AM CDT
Vistra will release its first-quarter earnings next month, and analysts anticipate a triple-digit bottom-line growth.
Barchart · Sun Apr 19, 10:00AM CDT
Does this AI-driven push by NetApp make the stock a buy now, or start thinking about taking profits?
