Gold Cash (GCY00)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell by -0.26% on Tuesday and posted a 6-week low.  The dollar came under pressure on Tuesday amid easing geopolitical concerns that knocked bond yields lower and sparked a rally in stocks. The US and Iran are in discussions on holding additional negotiations to extend a two-week ceasefire that expires on April 22. The New York Post reported that President Trump said talks could resume "over the next two days" in Pakistan. The dollar extended its losses on Tuesday after US March producers rose less than expected.
US Mar PPI final demand rose +0.5% m/m and +4.0% y/y, weaker than expectations of +1.1% m/m and +4.6% y/y. Mar PPI ex-food and energy rose +0.1% m/m and +3.8% y/y, weaker than expectations of +0.4% m/m and +4.1% y/y.
Swaps markets are discounting the odds at 1% for a +25 bp rate hike at the April 28-29 FOMC meeting.
The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to... Read more
Barchart · Tue Apr 14, 2:34PM CDT
The dollar index (DXY00 ) fell by -0.26% on Tuesday and posted a 6-week low. The dollar came under pressure on Tuesday amid easing geopolitical concerns...
Barchart · Tue Apr 14, 9:34AM CDT
The dollar index (DXY00 ) today fell to a 6-week low and is down by -0.33%. The dollar is under pressure today amid easing geopolitical concerns after...
Blue Line Futures · Tue Apr 14, 7:34AM CDT
Silver trades near $77 as markets assess whether $86 is within reach, with Phil Streible breaking down the setup and three scenarios in focus on Metals...
Barchart · Tue Apr 14, 6:30AM CDT
Disruptions in the Middle East have been cited as the primary reason for the firm's upgrade of Alcoa's stock.
Wavetraders · Tue Apr 14, 4:12AM CDT
Silver made a very sharp decline and dropped more than 40% from the all time highs back in January. This is something we were concerned about, as a higher...
Barchart · 3 minutes ago
Live cattle futures closed the Tuesday session with gains of $1.05 to $2.90 across the board. Last week’s cash trade was at $246-249 in the South, with...
Barchart · 3 minutes ago
The wheat complex posted strength across the three exchanges on Tuesday. Chicago SRW futures were 7 1/2 to 10 cents higher on the day. KC HRW futures led...
Barchart · 3 minutes ago
Lean hog futures posted Tuesday losses of 5 to 72 cents, as April was steady ahead of the Wednesday expiration. USDA’s national base hog price was reported...
Barchart · 3 minutes ago
Cotton futures closed the Tuesday session with contracts down 11 to 61 points. The US dollar index was $0.278 lower at $97.885. Crude oil was down $7.01...
Barchart · 3 minutes ago
Soybeans were lower on Tuesday with contracts down 3 to 6 ½ cents across most months. The cmdtyView national average Cash Bean price was down 4 1/4 cents...
Barchart · 3 minutes ago
Corn futures closed out the Tuesday session on a mixed note, with front months up 1 ½ to 2 ¾ cents and other contracts fractionally lower. The CmdtyView...
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.66%, and the Nasdaq 100 Index...
Barchart · 1 hour ago
All eyes have been on the energy and defense sectors amid the Iran war, but rare earths should be investors' focus. Here's why.
