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Dollar Climbs on Hawkish Fed Comments and a Weak Yen

2 years 4 months ago
The dollar index (DXY00 ) Tuesday rose by +0.31%. Hawkish comments Tuesday from Minneapolis Fed President Kashkari supported the dollar when he said it's likely the Fed will keep interest rates where they are "for an extended period of time." Also, weakness in the yen was positive for the dollar...
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Crude Prices Fall Slightly on Dollar Strength

2 years 4 months ago
June WTI crude oil (CLM24 ) on Tuesday closed down -0.10 (-0.13%), and June RBOB gasoline (RBM24 ) closed down -4.48 (-1.73%). Crude oil and gasoline prices on Tuesday fell to 8-week lows and settled moderately lower. A stronger dollar (DXY00 ) on Tuesday was bearish for energy prices. Crude...
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Nat-Gas Prices Supported by Reduced US Nat-Gas Output

2 years 4 months ago
June Nymex natural gas (NGM24 ) on Tuesday closed up by +0.012 (+0.55%). June nat-gas prices on Tuesday posted modest gains as they consolidated below Monday's 3-1/2 month nearest-futures high. Gas prices have carryover support from last Friday when Baker Hughes reported that the number of active US nat-gas drilling...
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Cocoa Prices Jump Sharply in Volatile Trade

2 years 4 months ago
July ICE NY cocoa (CCN24 ) this morning is up +1,025 (+13.51%), and July ICE London cocoa #7 (CAN24 ) is up +583 (+8.47%). Cocoa prices this morning are sharply higher as they recover some of the large losses posted over the past week. Extreme volatility in cocoa prices has...
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Modest Strength Remains Visible On Wall Street

2 years 4 months ago
(RTTNews) - Stocks moved modestly higher early in the session on Tuesday and remain mostly positive in afternoon trading. The major averages have all moved to the upside on the day, with the Dow on pace to close higher for the fifth consecutive session.
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