Silver Mar '25 (SIH25)
Silver Futures Market News and Commentary
The dollar index (DXY00) is up by +0.23% today. The dollar is moving higher today on signs of strength in the US economy after July personal spending and income rose more than expected and Q2 personal consumption was revised upward. Higher bond yields today have also strengthened the dollar’s interest rate differentials.
Gains in the dollar are limited after July capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose less than expected. Also, the July core PCE price index, the Fed's preferred inflation gauge, advanced in line with expectations, a dovish factor for Fed policy. In addition, WTI crude oil is down more than -1% today at a 1.5-week low, which lowered inflation expectations and could persuade the Fed to loosen monetary policy, a negative factor for the dollar.
US July personal spending rose +0.2% m/m, stronger than expectations of +0.1% m/m. Also, July personal income rose +0.4% m/m, stronger than expectations of +... Read more
Barchart · Wed Aug 26, 9:39AM CDT
The dollar index (DXY00 ) is up by +0.23% today. The dollar is moving higher today on signs of strength in the US economy after July personal spending...
Barchart · Wed Aug 26, 6:17AM CDT
With fund money pouring into the Grains sector, the spotlight is on two markets as the new positioning week gets under way: Wheat (the Cockroach) and Corn...
Blue Line Futures · Wed Aug 26, 6:03AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 731)
Barchart · Tue Aug 25, 2:33PM CDT
The dollar index (DXY00 ) fell by -0.06% on Tuesday. The dollar gave up an early advance on Tuesday and posted modest losses on weaker-than-expected US...
Barchart · Tue Aug 25, 12:57PM CDT
Gold has already raced past Morgan Stanley’s earlier target. Could the yellow metal really make its way above $5,000 in 2027?
Barchart · Tue Aug 25, 11:11AM CDT
Bessent’s bond market intervention is a critical failure, and expectations are similarly low for his plan to outgrow $40T in debt.
Barchart · 5 minutes ago
As a guy who looks at charts almost daily, I can’t help but notice when major trend reversals start shaping up. I think I see one, and this ETF should...
Barchart · 5 minutes ago
Dick's stock plunged 31% yesterday—its worst day since its 2002 IPO—as Foot Locker struggles overshadowed a solid legacy business. Shares are now down...
Barchart · 10 minutes ago
Nvidia is expecting another quarter of massive revenue growth, while its valuation has fallen to historically low levels.
Barchart · 32 minutes ago
HP, Inc. will announce its fiscal Q3 results after the market close today. Investors are piling into long-dated, deep out-of-the-money HPQ put options....
Barchart · 36 minutes ago
Soybeans are trading with 20 to 21 cent gains at midday. The cmdtyView national average Cash Bean price is up 21 cents at $12.22 1/2. Soymeal futures...
Barchart · 36 minutes ago
Live cattle futures are showing midday losses of 35 cents to $1.22. Cash trade picked up a few sales at $218 on Tuesday, down $7-8 from last week, with...
Barchart · 36 minutes ago
Lean hog futures are showing mixed action, with contracts down 15 to 30 cents higher. USDA’s national base hog price was reported at $90.88 on Tuesday...
Barchart · 36 minutes ago
The wheat complex is extending to fresh highs on Wednesday following news out of the Black Sea. Chicago SRW contracts are uo 42 to 43 cents on Wednesday,...