Silver Micro Aug '24 (SOQ24)
Silver Micro Futures Market News and Commentary
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 Waller, who said he supports a Fed rate increase if inflation doesn't soon slow. Gains in the dollar are limited by today's downward revision to the University of Michigan’s May US consumer sentiment index to a record low. Also, today's rally in stocks curbs liquidity demand for the dollar.
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 Waller said he supports maki... Read more
Barchart · Fri May 22, 9:43AM CDT
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...
Blue Line Futures · Fri May 22, 6:14AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 665)
Barchart · Thu May 21, 2:38PM CDT
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...
Barchart · Thu May 21, 9:36AM CDT
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...
Blue Line Futures · Thu May 21, 6:11AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 664)
Barchart · Wed May 20, 2:38PM CDT
The dollar index (DXY00 ) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up an early advance on Wednesday and moved...
Barchart · 1 minute ago
SpaceX’s historic IPO is drawing huge retail interest, but history shows mega IPOs often stumble after launch-day excitement fades. Valuation and hype...
Barchart · 5 minutes ago
Amgen stock could offer attractive long-term upside for investors willing to ride through near-term volatility.
Barchart · 8 minutes ago
Railroad operator CSX posted Thursday’s highest Vol/OI ratio. With the stock already up 26% year-to-date, a large institution placed a large options...
Barchart · 17 minutes ago
Cboe Global Markets has considerably outperformed the broader market over the past 52 weeks, yet Wall Street analysts maintain a cautious outlook about...
Barchart · 20 minutes ago
Although VeriSign has underperformed the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s...
Barchart · 22 minutes ago
UBS analysts think ASML is the best semiconductor pick in Europe for several reasons.
Barchart · 27 minutes ago
Soybeans are trading with 1 to 4 cent losses across most contracts on Friday. The cmdtyView national average Cash Bean price is up 3 1/2 cents at $11.34...
Barchart · 27 minutes ago
The wheat complex is trading with modest weakness on Friday. Chicago SRW futures are 1 to 3 cents in the red on the Friday session. KC HRW futures are...
