Gold Dec '22 (GCZ22)
Gold Futures Market News and Commentary
The dollar index (DXY00) rallied to a 13-month high on Thursday, finishing up by 0.80%. The dollar rose on Thursday on carryover support from Wednesday, when the FOMC projected higher interest rates later this year.  Thursday's US economic news was also supportive of the dollar as weekly jobless claims fell as expected and the June Philadelphia Fed business outlook survey rose more than expected.
On the negative side for the dollar was Thursday's decline in WTI crude oil prices to a 3.5-month low, which lowered inflation expectations and could potentially allow the Fed to pursue easier monetary policies, a bearish factor for the dollar. Also, Thursday's stock rally reduced liquidity demand for the dollar.
US weekly initial unemployment claims fell by -4,000 to 226,000, close to expectations of 225,000.
The US Jun Philadelphia Fed business outlook survey rose +10.7 to 10.3, stronger than expectations of 10.0.
US May leading indicators rose +0.1% m/m, right on... Read more
Barchart · Fri Jun 19, 9:00AM CDT
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Barchart · Thu Jun 18, 4:14PM CDT
Barchart experts Darin Newsom and William Osnato explain the facts behind the clickbait when it comes to what’s happening now and what’s next in major...
Barchart · Thu Jun 18, 2:33PM CDT
The dollar index (DXY00 ) rallied to a 13-month high on Thursday, finishing up by 0.80%. The dollar rose on Thursday on carryover support from Wednesday,...
Barchart · Thu Jun 18, 9:33AM CDT
The dollar index (DXY00 ) today rallied to a 13-month high, up by 0.54%. The dollar is climbing today on carryover support from Wednesday, when the FOMC...
Blue Line Futures · Thu Jun 18, 6:28AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 685)
Barchart · Wed Jun 17, 2:37PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.49%. The dollar moved higher on Wednesday, supported by stronger-than-expected US economic reports on...
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Barchart · 24 minutes ago
Burry added to his position in Adobe as shares fell to multi-year lows.
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Barchart · Sun Jun 21, 12:00PM CDT
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Barchart · Sun Jun 21, 10:30AM CDT
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When Berkshire Hathaway starts to dramatically underperform, it is time to be scared.