Gold Micro Jun '25 (GRM25)
Gold Micro Futures Market News and Commentary
The dollar index (DXY00) dropped to a 7-week low today and is down by -0.34%. The dollar tumbled today on the US July payroll report that showed an unexpected decline in nonfarm payrolls and a smaller-than-expected increase in average hourly earnings, dovish factors for Fed policy. Also, today’s rally in stocks has curbed liquidity demand for the dollar. The payroll report cut the chances of a Fed rate hike at next month’s FOMC meeting to 44% from 58% before the report.
US July nonfarm payrolls unexpectedly fell by -23,000, weaker than expectations of +80,000 and the first decline in 5 months. June payrolls were revised downward to show a +20,000 increase from the previously reported +57,000. The July unemployment rate unexpectedly fell -0.1 to a 13-month low of 4.1%, showing a stronger labor market than expectations of no change at 4.2%.
US July average hourly earnings rose +0.1% m/m and +3.2% y/y, weaker than expectations of +0.3% m/m and +3.5% y/y.
The doll... Read more
Barchart · 9 minutes ago
The dollar index (DXY00 ) dropped to a 7-week low today and is down by -0.34%. The dollar tumbled today on the US July payroll report that showed an unexpected...
Blue Line Futures · Fri Aug 7, 5:59AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 718)
Barchart · Thu Aug 6, 2:32PM CDT
The dollar index (DXY00 ) rose by +0.26% on Thursday. The dollar rallied on Thursday amid favorable US economic news. Weekly jobless claims rose less...
Barchart · Thu Aug 6, 9:42AM CDT
The dollar index (DXY00 ) is up by +0.17% today. The dollar is moving higher today on some favorable US economic news. Weekly jobless claims rose less...
Blue Line Futures · Thu Aug 6, 6:11AM CDT
Metals Minute Phil Streible | Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 717)
Barchart · Wed Aug 5, 2:35PM CDT
The dollar index (DXY00 ) fell by -0.17% on Wednesday. The dollar fell on Wednesday after the S&P 500 climbed to a new record high, reducing demand for...
Barchart · 7 minutes ago
The dollar index (DXY00 ) dropped to a 7-week low today and is down by -0.34%. The dollar tumbled today on the US July payroll report that showed an unexpected...
Barchart · 13 minutes ago
Constellation Energy has underperformed the broader market over the past year, yet analysts remain highly bullish about the stock’s prospects.
Barchart · 34 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · 39 minutes ago
Due to Eversource Energy’s underperformance relative to the SPX over the past year, Wall Street analysts remain cautious about the stock’s prospects....
Barchart · 48 minutes ago
Synchrony Financial has lagged behind the broader market over the past year, and analysts remain slightly bullish about the stock’s prospects.
Barchart · 1 hour ago
Netflix stock looks attractive to value investors, especially to out-of-the-money (OTM) short-put investors. For example, a 2.0% yield for one month is...
Barchart · 1 hour ago
SpaceX delivered a strong Q2 earnings report, but massive AI spending became the story investors couldn’t ignore.
Barchart · 1 hour ago
Prologis has outperformed the broader market over the past year, and analysts remain moderately optimistic about its future growth prospects.