Silver Apr '14 (SIJ14)
Silver Futures Market News and Commentary
The dollar index (DXY00) climbed to a 13-month high on Tuesday and finished up by +0.36%. The dollar rallied on Tuesday's plunge in equity markets, boosting liquidity demand for the currency. The dollar also has carryover support from last Wednesday, when the FOMC projected higher interest rates later this year.  Tuesday's US economic news was mixed for the dollar as the Jun S&P manufacturing PMI unexpectedly increased, but the Jun Richmond Fed manufacturing survey of current conditions fell more than expected.
The US Jun S&P manufacturing PMI unexpectedly rose +0.6 to 55.7, stronger than expectations of a decline to 54.6 and the strongest pace of expansion in 4 years.
The US Jun Richmond Fed manufacturing survey of current conditions fell -9 to 4, weaker than the 8 expected.
The swaps markets are discounting the odds at 36% for a +25 bp rate cut hike at the next FOMC meeting on July 28-29.
EUR/USD (^EURUSD) tumbled to a 1-year low on Tuesday and finished d... Read more
Barchart · Tue Jun 23, 2:34PM CDT
The dollar index (DXY00 ) climbed to a 13-month high on Tuesday and finished up by +0.36%. The dollar rallied on Tuesday's plunge in equity markets, boosting...
Gold Price Forecast · Tue Jun 23, 12:20PM CDT
It was about the rate channel. And this changes everything.
Barchart · Tue Jun 23, 9:35AM CDT
The dollar index (DXY00 ) climbed to a 13-month high today and is up by +0.33%. The dollar is finding support from today's plunge in equity markets, which...
Blue Line Futures · Tue Jun 23, 6:27AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 687)
Barchart · Mon Jun 22, 2:36PM CDT
The dollar index (DXY00 ) on Monday rose by +0.17% and is just below last Friday’s 13-month high. The dollar erased early losses on Monday and moved...
Barchart · Mon Jun 22, 12:00PM CDT
I'm not generally a big proponent of investing in gold. But here's how I would recommend playing the precious metal now.
Barchart · 3 minutes ago
FactSet Research is set to announce its third-quarter earnings next month, and Wall Street expects the company’s EPS to grow by a single digit.
Barchart · 3 minutes ago
On Monday, with Merck trading at $119.60, the August put option with a strike price of $110 was trading around $2.03. Traders selling this put would receive...
Barchart · 5 minutes ago
Though Invesco has outpaced the broader Nasdaq Composite over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects....
Barchart · 24 minutes ago
General Mills is expected to announce its fourth-quarter earnings next month, and Wall Street expects the company’s EPS to increase by double digits....
Barchart · 24 minutes ago
September Nasdaq 100 E-Mini futures (NQU26) are up +0.50% this morning as investors bought the dip in technology stocks after yesterday’s selloff.
Barchart · 55 minutes ago
NIKE is set to announce its fourth-quarter earnings this month, and Wall Street expects the company’s EPS to decrease by double digits.
Barchart · Wed Jun 24, 3:22AM CDT
While Norwegian Cruise Line Holdings has lagged behind the S&P 500 Index over the past year, analysts are moderately optimistic about the stock’s prospects....
Barchart · Wed Jun 24, 2:03AM CDT
While CrowdStrike has lagged behind the technology sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s...