Silver Apr '12 (SIJ12)
Silver Futures Market News and Commentary
The dollar index (DXY00) ended the day little changed on Friday. The dollar saw support from Friday’s +2.2 bp rise in the 10-year T-note yield, which supported the dollar’s interest rate differentials. However, there was some downward pressure from reduced safe-haven demand on hopes for a near-term US-Iran agreement to end military hostilities and reopen the Strait of Hormuz.Â
Reports circulated on Friday that a preliminary US-Iran peace agreement could be signed as early as this weekend, ending the military hostilities, reopening the Strait of Hormuz, and ending the US blockade on Iran and its oil exports. Negotiations would then begin on the more intractable issues, such as sanctions against Iran, the release of $24 billion of frozen Iranian assets, and the resolution of Iranian nuclear issues. However, Iran said its leaders still need to make a final decision on the proposed interim peace deal.
The dollar saw support from Friday’s news that the University of Michig... Read more
Barchart · Fri Jun 12, 2:44PM CDT
The dollar index (DXY00 ) ended the day little changed on Friday. The dollar saw support from Friday’s +2.2 bp rise in the 10-year T-note yield, which...
Barchart · Fri Jun 12, 10:06AM CDT
The dollar index (DXY00 ) is up +0.03% on support from today’s +3.8 bp rise in the 10-year T-note yield, which supported the dollar’s interest rate...
Blue Line Futures · Fri Jun 12, 6:25AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 681)
Barchart · Fri Jun 12, 5:05AM CDT
Friday morning in the commodity complex looks to be a classic case of doing the same thing over and over again and expecting different results.
Barchart · Thu Jun 11, 9:37AM CDT
The dollar index (DXY00 ) climbed to a 2-month high today, up by 0.23%. Concerns over the escalation of the US-Iran conflict are boosting safe-haven demand...
Barchart · 29 minutes ago
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national...
Barchart · 29 minutes ago
Cotton futures closed with 4 to 49 points on Friday, with July still down 81 points on the week, as December fell 106 points. Crude oil was down $3.50...
Barchart · 29 minutes ago
Live cattle futures gave back some of this week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents...
Barchart · 29 minutes ago
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½...
Barchart · 29 minutes ago
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC...
Barchart · 29 minutes ago
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down...
Barchart · 1 hour ago
Stifel raised its price target on Carnival stock to $36. Analyst Steven Wieczynski explained his bullish view on CCL shares in a research note today.
Barchart · 1 hour ago
The current market selloff is largely driven by a misplaced fear of the new Fed Chair's unconventional approach. While Kevin Warsh's methods break the...