Silver Micro Aug '26 (SOQ26)
Silver Micro Futures Market News and Commentary
The dollar index (DXY00) is up by +0.17% today. The dollar is moving higher today on some favorable US economic news. Weekly jobless claims rose less than expected, Q2 nonfarm productivity rose more than expected, and Q2 unit labor costs rose less than expected. The dollar also has support from today’s +1% increase in WTI crude oil prices, which raises inflation expectations and is hawkish for Fed policy.
The dollar also has support from a Financial Times report today that said Fed Chair Warsh is willing to raise interest rates at the September FOMC meeting if inflation firms and market expectations shift further towards tightening in the coming months.
US weekly initial unemployment claims rose +1,000 to 199,000, showing a stronger labor market than expectations of 205,000.
US Q2 nonfarm productivity rose +1.4%, stronger than expectations of +0.6%. Q2 unit labor costs rose +1.3%, less than expectations of +2.1%.
The markets are discounting a 58% probabi... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) is up by +0.17% today. The dollar is moving higher today on some favorable US economic news. Weekly jobless claims rose less...
Blue Line Futures · Thu Aug 6, 6:11AM CDT
Metals Minute Phil Streible | Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 717)
Barchart · Wed Aug 5, 2:35PM CDT
The dollar index (DXY00 ) fell by -0.17% on Wednesday. The dollar fell on Wednesday after the S&P 500 climbed to a new record high, reducing demand for...
Klarenbach Research · Wed Aug 5, 11:26AM CDT
Gold bugs are celebrating another breakout above the trendline and 50-day moving average. However, with the 50-day MA still declining, caution is warranted...
Barchart · Wed Aug 5, 9:35AM CDT
The dollar index (DXY00 ) is down by -0.20% today. The dollar is falling today as stock strength has reduced demand for liquidity in the dollar. Also,...
TradeGuidance · Wed Aug 5, 9:18AM CDT
We review our metals setups for the day
Barchart · 7 minutes ago
September ICE NY cocoa (CCU26 ) today is down -133 (-2.26%), and September ICE London cocoa #7 (CAU26 ) is down -97 (-2.23%). Cocoa prices are sliding...
Barchart · 12 minutes ago
AMD’s upbeat outlook signals that AI demand is accelerating faster than management had anticipated just months ago.
Barchart · 31 minutes ago
September arabica coffee (KCU26 ) today is down -3.15 (-0.96%), and September ICE robusta coffee (RMU26 ) is down -59 (-1.52%). Coffee prices are under...
Barchart · 43 minutes ago
September WTI crude oil (CLU26 ) is up +1.83 (+2.43%) today, and September RBOB gasoline (RBU26 ) is up +0.0777 (+2.74%). Crude oil and gasoline prices...
Barchart · 57 minutes ago
Despite Baker Hughes' outperformance relative to the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock’s...
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX )...
Barchart · 1 hour ago
The dollar index (DXY00 ) is up by +0.17% today. The dollar is moving higher today on some favorable US economic news. Weekly jobless claims rose less...
Barchart · 1 hour ago
Disney believes its shares are undervalued and has increased its buybacks for the current fiscal year. Here's why the company is right.