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Silver Sep '20 (SIU20)

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Silver Futures Market News and Commentary

Dollar Erases Early Gains as US Consumer Sentiment Sinks

The dollar index (DXY00) on Friday gave up an early advance and finished little changed.  The dollar was pressured on Friday after the University of Michigan’s May US consumer sentiment index was revised downward to a record low.  Also, Friday’s rally in stocks curbed liquidity demand for the dollar. The dollar found early support on Friday from hawkish comments from Fed Governor Christopher Waller, who said he supports a Fed rate increase if inflation doesn’t soon slow.

The University of Michigan’s May US consumer sentiment index was revised lower to a record low of 44.8 (data from 1978), weaker than expectations of no change at 48.2.

The University of Michigan’s US May 1-year inflation expectations rate was revised upward to a 9-month high of +4.8% from +4.5%, stronger than the +4.6% expected.  Also, May 5-10 year inflation expectations rate was revised upward to a 7-month high of +3.9%, stronger than expectations of no change at +3.4%.

Fed Governor Christopher W... Read more

Dollar bills in an organized pile by TheDigitalArtist via Pixabay
Dollar Erases Early Gains as US Consumer Sentiment Sinks

The dollar index (DXY00 ) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s...

US dollar background by Iluhanos via iStock
Dollar Gains and Gold Falls on Hawkish Waller

The dollar index (DXY00 ) today is up +0.15%, just below Thursday's 6-week high. The dollar is supported by hawkish comments from Fed Governor Christopher...

Silver dollar floating by Matthew Heinrichs via Pixabay
Gold & Silver Slide while Copper RIPS Higher! Silver Option Strategy | Will Support Hold? Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 665)

Pulling money out of wallet by Izf via iStock
Dollar Supported by Middle East Uncertainty

The dollar index (DXY00 ) rallied to a 6-week high on Thursday and finished up by +0.13%. Doubts over a US-Iran peace deal that would reopen the Strait...

Pile of money with hands by Sergey Nazarov via iStock
Dollar Gains as Crude Rallies and Stocks Fall

The dollar index (DXY00 ) rallied to a 6-week high today and is up by +0.31%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz...

Silver dollar floating by Matthew Heinrichs via Pixabay
Gold & Silver Drop On Breaking Headlines | The Key Levels to Watch | Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 664)

What Are Wall Street Analysts' Target Price for Cooper Companies’ Stock?

Are Wall Street analysts favoring medical device company The Cooper Companies?

CDW Corporation Stock: Is Wall Street Bullish or Bearish?

Are Wall Street analysts optimistic about IT firm CDW Corporation?

Twenty One Capital Stock Jumped on a Major Bitcoin Pivot. Here’s What It Will Take for the Momentum to Last.

Although Twenty One Capital is positioning itself as more than a simple Bitcoin holding vehicle, it remains early-stage with no revenue, ongoing losses,...

As Zscaler Doubles Down on AI Security, ZS Stock Still Needs More to Justify Its Steep Valuation

Zscaler is leaning hard into AI security with a new acquisition and fresh product pushes, but the stock still needs stronger execution to justify its premium....

Do Wall Street Analysts Like Air Products and Chemicals Stock?

Despite Air Products and Chemicals' underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic...

Ondas Holdings Adds High-Margin AI Software to Its Autonomous Defense Portfolio. Here’s What That Means for ONDS Stock.

Ondas continues to acquire firms with pre-existing revenues, reinforcing a disciplined and calculated M&A strategy.

A. O. Smith Stock: Analyst Estimates & Ratings

A. O. Smith has underperformed the broader market over the past year, and analysts are skeptical about the stock's prospects.

Constellation Brands Stock: Analyst Estimates & Ratings

Even though Constellation Brands’ shares have underperformed the broader market and sector peers, analysts are moderately bullish on the stock’s growth...

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