Gold Micro Dec '21 (GRZ21)
Gold Micro Futures Market News and Commentary
The dollar index (DXY00) on Monday rose by +0.25%. The dollar moved higher on Monday amid an increase in safe-haven demand after WTI crude oil prices surged more than +4% due to the escalation of tensions in the Middle East. Also, Monday’s better-than-expected US March factory orders report supports the dollar. The dollar also has carryover support from last Friday when President Trump threatened to raise tariffs on European automobile imports to as high as 25%.
Heightened US-Iran tensions are boosting demand for the dollar as a safe-haven. The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire. On Monday, the United Arab Emirates (UAE) said an Iranian drone attack caused a fire at the Fujairah oil industry zone. Also, a cargo ship from South Korea was attacked in the Strait of Hormuz, and the UAE also issued a missile threat warning after an oil tanker was struck by... Read more
Blue Line Futures · 12 minutes ago
Staying ahead of Gold, Silver, Copper, and the Commodities markets has never been easier
Barchart · Mon May 4, 2:37PM CDT
The dollar index (DXY00 ) on Monday rose by +0.25%. The dollar moved higher on Monday amid an increase in safe-haven demand after WTI crude oil prices...
Barchart · Mon May 4, 1:01PM CDT
Gold’s rally may have cooled, but with volatility still in play, analysts anticipate that these under-the-radar gold miners are poised to rise over 50%...
Barchart · Mon May 4, 9:37AM CDT
The dollar index (DXY00 ) today is up +0.19%. The dollar is receiving support today on an increase in safe-haven demand after crude oil prices gained...
Blue Line Futures · Mon May 4, 6:38AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 651)
Wavetraders · Mon May 4, 3:40AM CDT
Gold is turning slightly lower after the recent rebound, which unfolded in a corrective manner with a three-wave move into the 4661 area. Now price is...
Barchart · 2 minutes ago
Emerson Electric has slightly lagged the broader market over the past year, though analysts remain fairly bullish on its longer-term outlook.
Barchart · 5 minutes ago
TJX Companies has underperformed the broader S&P 500 Index over the past year, yet analysts maintain a strongly bullish outlook on its future prospects....
Barchart · 9 minutes ago
EQT has underperformed the broader market over the past year, but analysts remain strongly optimistic about its long-term growth trajectory and future...
Barchart · 12 minutes ago
Western Digital has markedly outperformed the broader market over both the past year, and Wall Street analysts arwe still maintaining a bullish stance...
Barchart · 13 minutes ago
Reddit reported that advertising revenue was up more than 70%.
Barchart · 43 minutes ago
Selling put options before a company's earnings announcement can be a valid strategy for options traders seeking to capitalize on higher than normal volatility....
Barchart · 1 hour ago
June S&P 500 E-Mini futures (ESM26) are up +0.28%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.47% this morning, supported by lower oil prices...
Barchart · 1 hour ago
Copart has underperformed the broader market over the past year, and analysts remain cautiously optimistic about the stock’s prospects.
