Silver Sep '24 (SIU24)
Silver Futures Market News and Commentary
The dollar index (DXY00) rose by +0.04% on Friday. The dollar recovered from a 6-week low on Friday and posted modest gains as higher T-note yields strengthened the dollar’s interest rate differentials. The dollar also found support on stronger-than-expected US economic news, including the Q2 employment cost index, the Jul MNI Chicago PMI, and the University of Michigan US Jul consumer sentiment index. In addition, Friday’s +1% increase in WTI crude oil prices raises inflation expectations and could prompt the Fed to tighten monetary policy, a supportive factor for the dollar.
Hawkish comments on Friday from Dallas Fed President Lorie Logan were supportive of the dollar when she said, “Without any policy restraint, inflation will likely continue to trend above target until there’s an unanticipated shock. Modest action in the near term would reduce the likelihood of needing to take sharper action later.”
The US Q2 employment cost index rose +0.9%, stronger than expecta... Read more
Barchart · Fri Jul 31, 2:38PM CDT
The dollar index (DXY00 ) rose by +0.04% on Friday. The dollar recovered from a 6-week low on Friday and posted modest gains as higher T-note yields strengthened...
Barchart · Fri Jul 31, 9:39AM CDT
The dollar index (DXY00 ) is up by +0.46% today. The dollar is moving higher today, rebounding from Thursday's 6-week low. Higher T-note yields today...
Blue Line Futures · Fri Jul 31, 6:23AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 713)
Barchart · Thu Jul 30, 2:35PM CDT
The dollar index (DXY00 ) tumbled to a 6-week low on Thursday and finished down by -0.99%. The dollar retreated on Thursday’s US economic news that...
Barchart · Thu Jul 30, 9:38AM CDT
The dollar index (DXY00 ) dropped to a 6-week low today and is down by -0.91%. The dollar is moving lower today on today's US economic news that showed...
Blue Line Futures · Thu Jul 30, 6:49AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 712)
Barchart · Sat Aug 1, 2:30PM CDT
Meta's Family of Apps generated $59.4 billion in advertising revenue during the second quarter, up 27% year-over-year.
Barchart · Sat Aug 1, 1:11PM CDT
While many investors are pulling back from Tesla and SpaceX, Cathie Wood is doubling down on their long-term potential.
Barchart · Sat Aug 1, 12:30PM CDT
Newsmax partnered with Meta to access its archived content library, estimated at $25 billion annually.
Barchart · Sat Aug 1, 11:09AM CDT
Microsoft is betting that AI-powered security tools can help organizations fight attacks faster.
Barchart · Sat Aug 1, 10:35AM CDT
Visa's investments should meaningfully boost its top and bottom lines in the longer term.
Barchart · Sat Aug 1, 10:30AM CDT
Google's AI ambitions come with growing hidden risks. Alphabet has amassed over $150 billion in off-balance-sheet commitments as it guarantees data center...
Barchart · Sat Aug 1, 10:15AM CDT
In a CNBC interview, the oil executive explained the disconnect between crude oil and gasoline prices.
Barchart · Sat Aug 1, 10:00AM CDT
I have a real case to make for rotating out of covered call ETFs and into a low-volatility, pure-dividend vehicle.