Gold Mini Jun '16 (QOM16)
Gold Mini Futures Market News and Commentary
The dollar index (DXY00) today is up by +0.24%. Today's better-than-expected US economic news on Mar housing starts and Mar core capital goods new orders is supporting gains in the dollar. Also, today's +4% jump in crude oil prices increases inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar. Movement in the dollar is limited ahead of today's FOMC meeting results, where the Fed is expected to keep interest rates unchanged.
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. The Wall Street Journal reported that President Trump told his aides to prepare for an extended blockade and that it carries less of a risk for the US than resuming hostilities or walking away from the conflict without securing a deal that curbs Iran's nuclear activities. ... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) today is up by +0.24%. Today's better-than-expected US economic news on Mar housing starts and Mar core capital goods new orders...
Barchart · Tue Apr 28, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.15%. Tuesday's stock slump boosted liquidity demand for the dollar. Also, higher crude oil prices on Tuesday...
Gold Price Forecast · Tue Apr 28, 10:42AM CDT
And that's just the beginning.
Barchart · Tue Apr 28, 9:36AM CDT
The dollar index (DXY00 ) today is up by +0.23%. Today's stock slump is boosting liquidity demand for the dollar. Also, higher crude oil prices today...
Barchart · Mon Apr 27, 2:32PM CDT
The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar fell from a 2.5-week high on Monday and finished lower after Axios reported that Iran has...
Barchart · Mon Apr 27, 9:31AM CDT
The dollar index (DXY00 ) today is down by -0.19%. The dollar fell from a 2.5-week high today and turned lower after Axios reported that Iran has offered...
Barchart · 9 minutes ago
July ICE NY cocoa (CCN26 ) today is up +22 (+0.65%), and May ICE London cocoa #7 (CAK26 ) is up +20 (+0.80%). Cocoa prices are moving higher today on the...
Barchart · 13 minutes ago
CEO Dave Mosley characterized the current environment as “a new era of structural growth,” emphasizing that AI applications are amplifying data creation...
Barchart · 17 minutes ago
While Coca-Cola has underperformed relative to the SPX over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.
Barchart · 21 minutes ago
A bold upgrade fuels optimism, but not everyone is convinced.
Barchart · 29 minutes ago
Investors are punishing SoFi for “just” meeting EPS estimates and for decelerating revenue growth in some business segments.
Barchart · 33 minutes ago
July arabica coffee (KCN26 ) today is down -0.20 (-0.07%), and July ICE robusta coffee (RMN26 ) is down -41 (-1.18%). Coffee prices are moving lower today,...
Barchart · 42 minutes ago
June WTI crude oil (CLM26 ) today is up +5.18 (+5.18%), and June RBOB gasoline (RBM26 ) is up +0.1502 (+4.38%). Crude oil and gasoline prices extended...
Barchart · 43 minutes ago
Michael Burry has disclosed a long position in Microsoft. Is MSFT stock a buy ahead of fiscal Q3 earnings?
