Silver May '20 (SIK20)
Silver Futures Market News and Commentary
The dollar index (DXY00) fell from a 1-month high today and is down by -0.04%. The dollar gave up an early advance today and moved slightly lower on an unexpected decline in July consumer confidence. Also, today’s -1% decline in WTI crude oil to a 1-week low has lowered inflation expectations and could prompt the Fed to pursue easier monetary policy, a negative factor for the dollar.Â
Losses in the dollar are limited amid some mild short covering ahead of the 2-day FOMC meeting that begins today. The dollar is also supported by some safe-haven demand amid heightened tensions in the Middle East. Â
The US May S&P composite-20 home price index rose +1.6% y/y, stronger than expectations of +1.3% y/y and the largest increase in 10 months.
The Conference Board US Jul consumer confidence index unexpectedly fell by -1.4 to 90.8, weaker than expectations of an increase to 92.4.
The US Jul Richmond Fed manufacturing survey rose +1 to 5, weaker than expectations of... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) fell from a 1-month high today and is down by -0.04%. The dollar gave up an early advance today and moved slightly lower on...
Blue Line Futures · Tue Jul 28, 6:19AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 710)
Barchart · Mon Jul 27, 2:32PM CDT
The dollar index (DXY00 ) rose by +0.06% on Monday. The dollar found support from Monday's US economic news, which showed that new capital goods nondefense,...
Barchart · Mon Jul 27, 9:37AM CDT
The dollar index (DXY00 ) is down by -0.02% today. The dollar index is under slight pressure as an easing of tensions in the Middle East has curbed safe-haven...
Gold Price Forecast · Mon Jul 27, 8:19AM CDT
Oil topped BEFORE the bombing stopped - how come?
Barchart · Mon Jul 27, 6:23AM CDT
If I told you a look at the quote screen early Monday morning brought to mind The Bangles, Bad Bets, Train Wrecks, and The Red Wedding, would you be intrigued?...
Barchart · 2 minutes ago
September WTI crude oil (CLU26 ) today is down -3.25 (-3.93%), and September RBOB gasoline (RBU26 ) is down -0.0304 (-0.96%). Crude oil and gasoline prices...
Barchart · 2 minutes ago
W stock is up 70% since May, but weak margins and thin free cash flow make it uninvestable long-term. With Aug. 4 earnings looming, elevated implied volatility...
Barchart · 3 minutes ago
The maverick minority Mavs owner has some typically bold advice on insurance for execs. But should you really ChatGPT your healthcare contracts?
Barchart · 5 minutes ago
Due to Alphabet's strong performance relative to the broader market over the past year, Wall Street analysts maintain a bullish outlook about the stock’s...
Barchart · 11 minutes ago
Investors will be watching the fine details of the print as Robinhood reports earnings for the second quarter on July 29.
Barchart · 17 minutes ago
September soft red winter wheat futures present a selling opportunity on more price weakness.
Barchart · 26 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.738%, and the Nasdaq 100 Index ($IUXX )...
Barchart · 27 minutes ago
Tim Cook's final earnings call is due this week, and Apple is at a crossroads.