Silver Jul '22 (SIN22)
Silver Futures Market News and Commentary
The dollar index (DXY00) on Wednesday rallied to a 1.75-month high, finishing up by 0.31%. The dollar moved higher on Wednesday, supported by a +2% increase in WTI crude oil prices, which lifts inflation expectations and may prompt the Fed to tighten monetary policy, a bullish factor for the dollar.
Gains in the dollar accelerated on Wednesday on stronger-than-expected US economic reports on May ADP employment, the May ISM services index, and Apr factory orders, which are hawkish for Fed policy. In addition, escalation of Middle East tensions is boosting some safe-haven demand for the dollar after US forces intercepted Iranian ballistic missiles and drones aimed at neighboring countries and struck an Iranian command center in response.
The dollar posted its high on Wednesday afternoon on a hawkish Fed Beige Book that reported slight to moderate economic growth across most Fed districts through May 27, with employment little changed and most of the 12 Fed districts re... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) on Wednesday rallied to a 1.75-month high, finishing up by 0.31%. The dollar moved higher on Wednesday, supported by a +2% increase...
Barchart · Wed Jun 3, 10:51AM CDT
Here are my two-minute bull and bear cases on the fundamentals and technicals presently impacting the gold and silver markets, and their potential price...
Barchart · Wed Jun 3, 9:41AM CDT
Alcoa stock extends gains as aluminum prices climb further to a four-year high. Here’s why AA shares remain worth buying at current levels.
Barchart · Wed Jun 3, 9:39AM CDT
The dollar index (DXY00 ) today is up by +0.23%. The dollar is moving higher today and is being supported by a +1% increase in WTI crude oil prices, which...
Blue Line Futures · Wed Jun 3, 6:22AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 673)
Wavetraders · Wed Jun 3, 5:05AM CDT
Gold is stabilizing near the important 4400 support area after a three-wave decline from the highs. Elliott Wave analysis suggests a recovery toward 4700...
Barchart · 35 minutes ago
Circle stock sinks on reports of Stripe, Visa, and Mastercard nearing launch of a joint stablecoin platform. But should you buy the dip in CRCL shares...
Barchart · 43 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.21%, and the Nasdaq 100...
Barchart · 1 hour ago
Jensen Huang's endorsement highlighted Marvell's growing role in AI infrastructure and sent shares sharply higher. The company's growth is real, but investors...
Barchart · 1 hour ago
Oppenheimer just downgraded AT&T stock to “Perform,” citing incoming SpaceX competition. Find out more.
Barchart · 1 hour ago
The dollar index (DXY00 ) on Wednesday rallied to a 1.75-month high, finishing up by 0.31%. The dollar moved higher on Wednesday, supported by a +2% increase...
Barchart · 1 hour ago
Marvell’s stock gained 32.5% after it introduced its Teralynx T100 switch silicon.
Barchart · 1 hour ago
CrowdStrike names former Nvidia engineering leader its first-ever AI chief. But does that warrant buying CRWD shares today, ahead of the company’s Q1...
Barchart · 1 hour ago
As a leading supplier of high-performance AI servers and storage solutions, Supermicro appears well-positioned to capitalize on AI infrastructure boom....
