Silver Sep '20 (SIU20)
Silver Futures Market News and Commentary
The dollar index (DXY00) rallied to a 13-month high on Thursday, finishing up by 0.80%. The dollar rose on Thursday on carryover support from Wednesday, when the FOMC projected higher interest rates later this year.  Thursday's US economic news was also supportive of the dollar as weekly jobless claims fell as expected and the June Philadelphia Fed business outlook survey rose more than expected.
On the negative side for the dollar was Thursday's decline in WTI crude oil prices to a 3.5-month low, which lowered inflation expectations and could potentially allow the Fed to pursue easier monetary policies, a bearish factor for the dollar. Also, Thursday's stock rally reduced liquidity demand for the dollar.
US weekly initial unemployment claims fell by -4,000 to 226,000, close to expectations of 225,000.
The US Jun Philadelphia Fed business outlook survey rose +10.7 to 10.3, stronger than expectations of 10.0.
US May leading indicators rose +0.1% m/m, right on... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) rallied to a 13-month high on Thursday, finishing up by 0.80%. The dollar rose on Thursday on carryover support from Wednesday,...
Barchart · Thu Jun 18, 9:33AM CDT
The dollar index (DXY00 ) today rallied to a 13-month high, up by 0.54%. The dollar is climbing today on carryover support from Wednesday, when the FOMC...
Blue Line Futures · Thu Jun 18, 6:28AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 685)
Barchart · Wed Jun 17, 2:37PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.49%. The dollar moved higher on Wednesday, supported by stronger-than-expected US economic reports on...
Barchart · Wed Jun 17, 9:36AM CDT
The dollar index (DXY00 ) today is up by +0.12%. The dollar is moving higher today, supported by stronger-than-expected US economic reports on May retail...
Blue Line Futures · Wed Jun 17, 6:19AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 684)
Barchart · 13 minutes ago
Cotton futures posted 4 to 85 point losses in most contracts on Thursday, as July was still up 311 points this week. Crude oil was down another 17 cents/bbl...
Barchart · 13 minutes ago
The wheat complex fell back into the long weekend with losses across the three exchanges. Chicago SRW contracts were down 1 ½ to 7 ¼ cents at the close,...
Barchart · 13 minutes ago
Corn futures posted losses of 3 ½ to 5 ¾ cents across most contracts on Thursday, with July holding onto a 4 ¾ cent gain. The CmdtyView national average...
Barchart · 13 minutes ago
Live cattle futures posted Thursday losses of 82 cents to $2.22 at the close, with August holding for gains of $5.45 this week. The Thursday Fed Cattle...
Barchart · 13 minutes ago
Lean hog futures were 5 to 27 cents higher in the front months on Thursday, with December and beyond, down 12 to 32 cents. July was still down $2.42 this...
Barchart · 13 minutes ago
Soybeans posted losses of 6 ½ to 9 ¼ cents across the board on Thursday, with July holding for a 9 ¼ cent gain this week. The cmdtyView national average...
Barchart · 16 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index...
Barchart · 20 minutes ago
QuantumScape shares popped today after announcing a battery partnership with Honda Motor. Is it already too late to invest in QS stock? Let’s find out!...