Gold Dec '17 (GCZ17)
Gold Futures Market News and Commentary
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 retail sales report, signaling signs of a resilient US economy. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters reported that the US and China are weighing a potential framework under which each country identifies about $30 billion in goods on which tariffs could be eased without threatening national security interests. The dollar added to its gains on comments from Kansas City Fed President Jeff Schmid, who said the fundamentals of the US economy are sound.
US weekly initial unemployment claims rose +12,000 to 211,000, showing a slightly weaker labor market than expectations of 205,000.Â
US Apr retail sales rose +0.5% m/m, right on expectations. Also, Apr retail sales ex-autos rose +0.7% m/m, right on expectations.
The US Apr import price index ex-petroleum rose... Read more
Barchart · 1 hour ago
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 · 1 hour ago
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 · Thu May 14, 9:38AM CDT
The dollar index (DXY00 ) today climbed to a 2-week high, up by +0.10%. The dollar garnered support from today's as-expected US April retail sales report....
Blue Line Futures · Thu May 14, 6:08AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 659)
Barchart · Wed May 13, 2:36PM CDT
The dollar index (DXY00 ) rallied to a 1.5-week high on Wednesday, finishing up by 0.22%. The dollar moved higher on Wednesday on the stronger-than-expected...
Barchart · 11 minutes ago
Nvidia’s rich AI narrative faces its next big test on May 20 as traders brace for a sharp post-earnings move.
Barchart · 26 minutes ago
Occidental Petroleum's stock has mirrored the recent rise in oil futures, as seen in the June 26 WTI futures contract. One profitable way to play it is...
Barchart · 26 minutes ago
With Plug stock climbing steadily this year, top management believes there’s more to come in Q2.
Barchart · 26 minutes ago
GTLB stock fell following a workforce reduction announcement and analyst downgrade.
Barchart · 27 minutes ago
Globe Life has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.
Barchart · 31 minutes ago
Danaher has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.
Barchart · 34 minutes ago
Although Marsh & McLennan has underperformed the broader market over the past 52 weeks, Wall Street analysts remain moderately optimistic about the stock's...
Barchart · 36 minutes ago
Otis Worldwide has notably underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.
