The dollar index (DXY00 ) Friday fell by -0.03%. The dollar on Friday moved slightly lower after the US May core PCE price index, the Fed’s preferred inflation gauge, eased to +2.6% y/y, the slowest...
Huge week for data and not done with the USDA quarterly report on deck.
The PCE Index statistics were released today and you might wonder what impact they will have in the price of gold.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.29%. Stock indexes today are lower...
The dollar index (DXY00 ) today is up by +0.05%. The dollar today recovered from early losses and posted modest gains on signs of strength in the US economy after the Jun MNI Chicago PMI rose more than...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.35%. Stock indexes today are moderately...
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Copper prices are in a correction zone after peaking in May. Freeport-McMoRan is one mining stock that stands to benefit from a recovery in copper prices.
Heating Oil ticked up slightly last week after finishing at its lowest level over the past 52 weeks the previous week. finish last week at its lowest hedge fund positions for the past 52 weeks. Hedge...
The dollar index (DXY00 ) on Thursday fell by -0.14%. The dollar was under pressure Thursday after US economic news showed weekly continuing unemployment claims unexpectedly rose to a 2-1/2 year high,...