Gold Dec '13 (GCZ13)
Gold Futures Market News and Commentary
The dollar index (DXY00) is moving lower today and is down by -0.28%.  Today's -3% plunge in WTI crude oil prices has lowered inflation expectations and could prompt the Fed to pursue easier monetary policy, a bearish factor for the dollar. Also, lower T-note yields today weaken the dollar's interest rate differential and are negative for the dollar.Â
The dollar recovered from its worst level today on better-than-expected US economic news. The Apr trade deficit eased to -$55.9 billion from -$56.6 billion in Mar, narrower than the -$56.1 billion expected. Also, May existing home sales rose +3.2% m/m to a 5-month high of 4.17 million, stronger than expectations of 4.07 million.
President Trump today predicted a swift end to the war with Iran and a subsequent fall in oil prices, and said, "We're in the final throes of what will be a very, very good deal, and that they could have at least an idea one or two days from now" about the deal. Â
The swaps markets are dis... Read more
Barchart · 20 minutes ago
The dollar index (DXY00 ) is moving lower today and is down by -0.28%. Today's -3% plunge in WTI crude oil prices has lowered inflation expectations and...
Blue Line Futures · Tue Jun 9, 6:24AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 678)
Barchart · Mon Jun 8, 2:32PM CDT
The dollar index (DXY00 ) fell from a 2-month high on Monday, finishing down 0.06%. The dollar gave up overnight gains and finished slightly lower on...
Barchart · Mon Jun 8, 9:28AM CDT
The dollar index (DXY00 ) fell from a 2-month high today and is down by -0.14%. The dollar gave up overnight gains and turned lower today after stocks...
EdgeClear · Mon Jun 8, 7:47AM CDT
Gold futures have been in a controlled descent since topping out near the $5,650 region, with sellers methodically stepping down offers within the broader...
Blue Line Futures · Mon Jun 8, 6:06AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 677)
Barchart · 10 minutes ago
Nvidia's CEO meeting with executives in South Korea suggests he is one step ahead of the competition when it comes to securing the right supply chains....
Barchart · 20 minutes ago
Students at the University of Arizona booed former Google CEO Eric Schmidt after he mentioned AI as graduates continue seeing job losses due to the technology....
Barchart · 22 minutes ago
The dollar index (DXY00 ) is moving lower today and is down by -0.28%. Today's -3% plunge in WTI crude oil prices has lowered inflation expectations and...
Barchart · 26 minutes ago
One of these software stocks has the stronger path to creating long-term wealth.
Barchart · 35 minutes ago
While MSCI has lagged behind the S&P 500 Index over the past year, analysts are bullish about the stock’s prospects.
Barchart · 45 minutes ago
McDonald’s (MCD) shares have established a firming technical floor around the $275-$280 range following a period of consolidation. The stock currently...
Barchart · 50 minutes ago
Intel is rising sharply after reports the chipmaker may have secured new orders that add to its growing hyperscaler partner list. If true, Intel could...
Barchart · 52 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
