Gold Dec '17 (GCZ17)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell to a 2-week low today and is down by -0.68%.  The dollar tumbled today on the weaker-than-expected US Jun payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar is also under pressure amid weakness in crude oil prices, as WTI crude fell to a 4.25-month low today, which lowers inflation expectations and is dovish for Fed policy.  The dollar found some support after weekly jobless claims unexpectedly declined and after May factory orders fell less than expected.
US Jun nonfarm payrolls rose +57,000, weaker than expectations of +113,000, and May nonfarm payrolls were revised lower to +129,000 from the originally reported +172,000. The Jun unemployment rate unexpectedly fell -0.1 to a 1-year low of 4.2%, showing a stronger labor market than expectations of no change at 4.3%.Â
US Jan average hourly earnings rose +0.3% m/m and +3.5% y/y, right on expectations.
US weekly initial unemploy... Read more
Barchart · Thu Jul 2, 9:35AM CDT
The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.68%. The dollar tumbled today on the weaker-than-expected US Jun payroll report,...
Blue Line Futures · Thu Jul 2, 6:28AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 693)
Barchart · Thu Jul 2, 6:25AM CDT
There is plenty for the markets to take in this last trading day of the week.
Barchart · Wed Jul 1, 2:34PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.19%. The dollar moved higher on Wednesday as T-note yields rose after Fed Chair Warsh provided no guidance...
Barchart · Wed Jul 1, 9:42AM CDT
The dollar index (DXY00 ) today is up by +0.13%. The dollar is moving higher today amid weakness in the euro after the Eurozone June CPI report showed...
Barchart · Wed Jul 1, 9:21AM CDT
Commodity prices declined in June as the dollar index rallied and interest rates remained elevated. Precious metals and energy commodities posted the most...
Barchart · 4 minutes ago
Bending Spoons stock soared on its market debut, closing at a premium of nearly 40% versus the IPO price. But should you load up on BSP shares at current...
Barchart · 11 minutes ago
Sandisk became the S&P 500’s top-performing stock in H1 2026 as AI demand fueled memory and storage growth. Can supply constraints and enterprise SSD...
Barchart · 13 minutes ago
Washington’s latest proposal has put SolarEdge back on investors’ radar. After a red-hot rally this year and a recent breather, let’s see how investors...
Barchart · 48 minutes ago
Amid Walmart's 19% correction, yesterday’s unusually active options included Aug. 21 $100 and July 17 $110 puts. The short diagonal put spread looked...
Barchart · 55 minutes ago
Concerns about AI disruption, temporary delay in the closure of large deals, and acquisition-related margin pressure have driven ServiceNow's stock sharply...
Barchart · 58 minutes ago
Shares of FuelCell Energy jumped after EXIM backed a $49 million loan for the company, adding fresh momentum to its AI power push.
Barchart · 1 hour ago
The wheat complex is showing mixed trade as we head into a 3-day weekend. Chicago SRW contracts are fractionally to 2 cents in the red on the day. KC HRW...
Barchart · 1 hour ago
Live cattle futures closed are falling $1.45 to $2 so far on Thursday. There were a few cash sales of $403 dressed in the north this week, with live trade...