Silver May '27 (SIK27)
Silver Futures Market News and Commentary
The dollar index (DXY00) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned that Japan is close to intervening in the forex market to support the yen. Also, lower crude oil prices on Thursday eased inflation expectations, a dovish factor for Fed policy, and a negative factor for the dollar. The dollar extended its losses on Thursday after US Q1 GDP grew at a slower-than-expected pace and Mar leading indicators fell by the most in eleven months.
The dollar found some support on Thursday after US weekly jobless claims fell to a 57-year low, the Q1 employment cost index rose more than expected, and the US Mar core PCE price index, the Fed’s preferred inflation gauge, rose 3.2% y/y, the largest increase in 2.25 years.
Heightened US-I... Read more
Barchart · 21 minutes ago
The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after...
Barchart · Thu Apr 30, 9:50AM CDT
The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.67%. Today’s +2% rally in the yen is weighing on the dollar after Japanese Finance...
Barchart · Thu Apr 30, 8:00AM CDT
Bank of America’s $309 silver call is really an upper‑bound scenario built on the gold‑to‑silver ratio snapping back to rare historical extremes,...
Barchart · Wed Apr 29, 2:37PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.27%. Wednesday’s better-than-expected US economic news on Mar housing starts and Mar core capital...
Barchart · Wed Apr 29, 9:33AM CDT
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...
Barchart · 3 minutes ago
The “Back to Starbucks” campaign appears to hold promise.
Barchart · 22 minutes ago
The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after...
Barchart · 31 minutes ago
Nvidia stock is sinking as Google and Amazon tout in-house chips on thier Q1 earnings calls. BofA still recommends buying the dip in NVDA shares today....
Barchart · 32 minutes ago
In a market defined by geopolitical blocks and supply shocks, the winners are those who own the one thing the world can’t live without: Power.
Barchart · 37 minutes ago
Starbucks shares rallied yesterday on blockbuster Q2 earnings. But famed investor Jim Cramer sees SBUX stock pushing higher as the year unfolds.
Barchart · 37 minutes ago
June WTI crude oil (CLM26 ) on Thursday closed down -1.81 (-1.69%), and June RBOB gasoline (RBM26 ) closed up +0.0228 (+0.63%). Crude oil and gasoline...
Barchart · 38 minutes ago
The autoparts retailer has built an aggressive buyback strategy that has catapulted returns. But as economic conditions tighten, AutoZone may start to...
Barchart · 38 minutes ago
June Nymex natural gas (NGM26 ) on Thursday closed up +0.120 (+4.53%). Nat-gas prices rallied sharply on Thursday due to a smaller-than-expected build...
