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Gold Micro Jun '25 (GRM25)

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Gold Micro Futures Market News and Commentary

Dollar Falls and Gold Soars on the Weak US Payroll Report

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

Puzzle of money by TPopova via iStock
Dollar Falls and Gold Soars on the Weak US Payroll Report

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...

Stacked silver bars by Tookapic via Pixabay
Gold & Silver Explode Overnight! The Driver No One is Talking About | Metals Minute Phil Streible

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 718)

Pile of money with hands by Sergey Nazarov via iStock
Dollar Rallies on Solid US Economic News and Soaring Crude Prices

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...

Image by Karolina Kaboompics via Pexels
Dollar Gains on Favorable US Economic News

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...

Silver nuggets and ingot by Mike Maniatis via Shutterstock
Gold & Silver Breakout! Copper Export Ban | Key Levels to Watch | Metals Minute Phil Streible

Metals Minute Phil Streible | Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 717)

A one dollar bill floating in water by Wirestock via iStock
Dollar Slides on Stock Strength and Weakness in US Economic Reports

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...

Dollar Falls and Gold Soars on the Weak US Payroll Report

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...

Constellation Energy Stock: Analyst Estimates & Ratings

Constellation Energy has underperformed the broader market over the past year, yet analysts remain highly bullish about the stock’s prospects.

Stocks Rally on Earnings and Fed-Friendly US Payroll Report

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...

What Are Wall Street Analysts' Target Price for Eversource Energy Stock?

Due to Eversource Energy’s underperformance relative to the SPX over the past year, Wall Street analysts remain cautious about the stock’s prospects....

Do Wall Street Analysts Like Synchrony Financial Stock?

Synchrony Financial has lagged behind the broader market over the past year, and analysts remain slightly bullish about the stock’s prospects.

Netflix Looks Attractive to Short-Put Players - a 2.0% One Month Income Yield

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...

Elon Musk Is Asking Investors to Trust Him Again as SpaceX Focuses on More Than Just Space

SpaceX delivered a strong Q2 earnings report, but massive AI spending became the story investors couldn’t ignore.

Is Wall Street Bullish or Bearish on Prologis Stock?

Prologis has outperformed the broader market over the past year, and analysts remain moderately optimistic about its future growth prospects.

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