Silver Dec '17 (SIZ17)
Silver Futures Market News and Commentary
The dollar index (DXY00) today is down by -0.26%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down more than -3% today and lowered inflation expectations, which might persuade the Fed to ease monetary policy, a negative factor for the dollar. Also, today's US economic news, showing a bigger-than-expected increase in weekly jobless claims and a larger-than-expected downward revision to Q1 nonfarm productivity, is bearish for the dollar.Â
US weekly initial unemployment claims rose +13,000 to a 3.75-month high of 225,000, showing a weaker labor market than expectations of 215,000.
US Q1 nonfarm productivity was revised downward to 0.3% from the previously reported 0.8%, weaker than expectations of 0.4%. Q1 unit labor costs were unexpectedly revised downward to 1.8% from 2.3%, weaker than expectations of an upward revision to 2.4%.
Late Wednesday, the US said Israel and Lebanon agreed to a ceasefire if Hezbollah also stops... Read more
Barchart · Thu Jun 4, 9:35AM CDT
The dollar index (DXY00 ) today is down by -0.26%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down more than...
Blue Line Futures · Thu Jun 4, 6:20AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 674)
Barchart · Thu Jun 4, 5:05AM CDT
A lack of headlines left the commodity complex adrift, for the most part, overnight through early Thursday morning.
Barchart · Wed Jun 3, 2:35PM CDT
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 · 2 minutes ago
Despite Air Products and Chemicals' underperformance relative to its peers over the past year, analysts remain moderately optimistic about the stock’s...
Barchart · 13 minutes ago
Wednesday was a down day for the major indices. However, Progressive’s unusual options activity suggests the stock, which has struggled in the past year,...
Barchart · 18 minutes ago
Soybeans are trading with 29 to 31 cents losses so far on Thursday. The cmdtyView national average Cash Bean price is down 30 1/4 cents at $10.64 1/4....
Barchart · 18 minutes ago
Cotton futures are trading with contracts 185 to 199 point losses on Thursday. The US dollar index is down $0.160 at $99.345. Crude Oil is back down $3.73...
Barchart · 18 minutes ago
The wheat complex is extending the losses on Thursday, with the three exchanges falling at midday. Chicago SRW futures are 6 to 7 cents lower on Thursday....
Barchart · 18 minutes ago
Lean hog futures are trading with midday losses of 10 to 55 cents. USDA’s national base hog price was reported at $95.64 on Thursday PM, up $1.27 from...
Barchart · 18 minutes ago
Live cattle futures are in rally mode on Thursday, with bulls active across most contracts, up $2.80 to $5.02 Cash trade started this week at $255, with...
Barchart · 18 minutes ago
Corn futures are ramping up their death spiral liquidation from the last few weeks, with contracts down another 8 to 9 cents at midday. The CmdtyView national...
