Gold Dec '20 (GCZ20)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s May US consumer sentiment index was revised downward to a record low. Also, Friday’s rally in stocks curbed liquidity demand for the dollar. The dollar found early support on Friday from hawkish comments from Fed Governor Christopher Waller, who said he supports a Fed rate increase if inflation doesn’t soon slow.
The University of Michigan’s May US consumer sentiment index was revised lower to a record low of 44.8 (data from 1978), weaker than expectations of no change at 48.2.
The University of Michigan’s US May 1-year inflation expectations rate was revised upward to a 9-month high of +4.8% from +4.5%, stronger than the +4.6% expected. Also, May 5-10 year inflation expectations rate was revised upward to a 7-month high of +3.9%, stronger than expectations of no change at +3.4%.
Fed Governor Christopher W... Read more
Barchart · Fri May 22, 2:34PM CDT
The dollar index (DXY00 ) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s...
Barchart · Fri May 22, 9:43AM CDT
The dollar index (DXY00 ) today is up +0.15%, just below Thursday's 6-week high. The dollar is supported by hawkish comments from Fed Governor Christopher...
Blue Line Futures · Fri May 22, 6:14AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 665)
Barchart · Thu May 21, 2:38PM CDT
The dollar index (DXY00 ) rallied to a 6-week high on Thursday and finished up by +0.13%. Doubts over a US-Iran peace deal that would reopen the Strait...
Barchart · Thu May 21, 9:36AM CDT
The dollar index (DXY00 ) rallied to a 6-week high today and is up by +0.31%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz...
Blue Line Futures · Thu May 21, 6:11AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 664)
Barchart · 1 minute ago
AvalonBay Communities has underperformed the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects....
Barchart · 3 minutes ago
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Barchart · 6 minutes ago
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Barchart · 7 minutes ago
Allegion has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.
Barchart · 10 minutes ago
Atmos Energy has underperformed the broader market over the past year, and analysts remain cautious about the company’s long-term prospects.
Barchart · 12 minutes ago
Despite Expand Energy’s underperformance compared to the broader market over the past year, Wall Street analysts remain very bullish in the company’s...
Barchart · 17 minutes ago
Although Raymond James has lagged the broader market over the past year, Wall Street analysts remain moderately optimistic about the company’s long-term...
Barchart · 19 minutes ago
F5 has outpaced the S&P 500 Index over the past year, and analysts are fairly bullish on its future outlook.
