Silver Jul '24 (SIN24)
Silver Futures Market News and Commentary
The dollar index (DXY00) today is down by -0.04%.  The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in energy prices that derail the economy. Losses in the dollar are limited after US Feb capital goods new orders nondefense ex-aircraft and parts rose more than expected. Also, today’s stock weakness has boosted liquidity demand for the dollar.Â
The markets are watching for any sign of a breakthrough amid a flurry of diplomacy before President Trump’s 8 pm EST deadline tonight. Mr. Trump insists any deal must ensure uninterrupted transit through the Strait of Hormuz or he will destroy Iran’s bridges and power plants if no accord is reached. Axios reported that the US conducted strikes on military targets on Kharg Island today, and Israel told Iranians to refrain from using their country’s railway network. Also, Iran pressed on with attacks across the Persian Gulf, dimming chances for peace.
US Feb capital goods new orders... Read more
Barchart 1 hour ago
The dollar index (DXY00 ) today is down by -0.04%. The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in...
Blue Line Futures Tue Apr 7, 8:30AM CDT
Gold and silver see increased volatility following reports of disruptions on Kharg Island, with Phil Streible breaking down the metals setup and key levels...
Barchart Mon Apr 6, 2:37PM CDT
The dollar index (DXY00 ) on Monday fell by -0.04%. The dollar was under pressure on Monday as stocks recovered on hopes for a ceasefire in Iran, curbing...
Barchart Mon Apr 6, 9:33AM CDT
The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today as stocks recover on hopes for a ceasefire in Iran, curbing liquidity...
EdgeClear Mon Apr 6, 8:09AM CDT
Copper futures remain locked in a broad consolidation as competing macro forces continue to drive two way volatility. Trade policy uncertainty, geopolitical...
Blue Line Futures Mon Apr 6, 7:37AM CDT
Gold and silver move higher as the dollar and oil pull back, with Phil Streible breaking down the key events the market is watching and the metals setup...
Barchart 2 minutes ago
The Pentagon is going through Tomahawk cruise missiles at an unprecedented pace.
Barchart 6 minutes ago
May NY world sugar #11 (SBK26 ) today is down -0.32 (-2.14%), and May London ICE white sugar #5 (SWK26 ) is down -5.70 (-1.31%). Sugar prices fell to 2.5-week...
Barchart 12 minutes ago
June lean hog futures present a buying opportunity on more price strength.
Barchart 20 minutes ago
May ICE NY cocoa (CCK26 ) today is down -214 (-6.62%), and May ICE London cocoa #7 (CAK26 ) is down -127 (-5.16%). Cocoa prices are sharply lower today,...
Barchart 21 minutes ago
Globe Life is expected to announce its fiscal first-quarter earnings soon, and analysts project a double-digit profit growth.
Barchart 26 minutes ago
Kodiak AI gains attention after Cathie Wood’s big buy, but high risk and weak fundamentals make it a speculative bet.
Barchart 41 minutes ago
Marvell Technology insider sale raises questions, but strong AI-driven growth keeps the long-term story intact.
Barchart 42 minutes ago
May arabica coffee (KCK26 ) today is down -11.80 (-3.96%), and May ICE robusta coffee (RMK26 ) is down -115 (-3.34%). Coffee prices are plunging today,...
