Silver Mini Sep '26 (QIU26)
Silver Mini Futures Market News and Commentary
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 than expected, Q2 nonfarm productivity rose more than expected, and Q2 unit labor costs rose less than expected. The dollar also has support from today’s +1% increase in WTI crude oil prices, which raises inflation expectations and is hawkish for Fed policy.
The dollar also has support from a Financial Times report today that said Fed Chair Warsh is willing to raise interest rates at the September FOMC meeting if inflation firms and market expectations shift further towards tightening in the coming months.
US weekly initial unemployment claims rose +1,000 to 199,000, showing a stronger labor market than expectations of 205,000.
US Q2 nonfarm productivity rose +1.4%, stronger than expectations of +0.6%. Q2 unit labor costs rose +1.3%, less than expectations of +2.1%.
The markets are discounting a 58% probabi... Read more
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...
Klarenbach Research · Wed Aug 5, 11:26AM CDT
Gold bugs are celebrating another breakout above the trendline and 50-day moving average. However, with the 50-day MA still declining, caution is warranted...
Barchart · Wed Aug 5, 9:35AM CDT
The dollar index (DXY00 ) is down by -0.20% today. The dollar is falling today as stock strength has reduced demand for liquidity in the dollar. Also,...
TradeGuidance · Wed Aug 5, 9:18AM CDT
We review our metals setups for the day
Barchart · 2 minutes ago
September WTI crude oil (CLU26 ) closed up +2.07 (+2.75%) on Thursday, and September RBOB gasoline (RBU26 ) closed up +0.0997 (+3.51%). Crude oil and gasoline...
Barchart · 4 minutes ago
September Nymex natural gas (NGU26 ) closed down -0.048 (-1.79%) on Thursday. Nat-gas prices tumbled to a 3.25-month nearest-futures low on Thursday and...
Barchart · 16 minutes ago
Gasoline is a seasonal fuel, with demand rising during spring and summer and falling during fall and winter. Drivers put more miles on cars during summer,...
Barchart · 27 minutes ago
The high valuation of PLTR stock, competition concerns, and a potential threat to revenue all make shares unattractive.
Barchart · 44 minutes ago
October NY world sugar #11 (SBV26 ) closed up +0.42 (+2.77%) on Thursday, and October London ICE white sugar #5 (SWV26 ) closed up +10.00 (+2.10%). Sugar...
Barchart · 45 minutes ago
September ICE NY cocoa (CCU26 ) closed down -106 (-1.80%) on Thursday, and September ICE London cocoa #7 (CAU26 ) closed down -100 (-2.30%). Cocoa prices...
Barchart · 46 minutes ago
September arabica coffee (KCU26 ) closed down -5.25 (-1.61%) on Thursday, and September ICE robusta coffee (RMU26 ) closed down -93 (-2.39%). Coffee prices...
Barchart · 50 minutes ago
SoundHound shares rallied on blowout Q2 earnings and impressive future guidance. Wall Street continues to see massive further upside in SOUN stock.