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Australia Company Profits Sink 5.3% In Q2

2024-08-29 2792

(fxcue news) - Company gross operating profits in Australia were down a seasonally adjusted 5.3 percent on quarter in the second quarter of 2024, the Australian Bureau of Statistics said on Monday. That missed expectations for a decline of 0.6 percent following the 2.5 percent drop in the three months prior. Profits were down 3.9 percent on year. Manufacturing sales rose 0.3 percent on quarter and 0.7 percent on year, while inventories rose 0.1 percent on quarter and 1.5 percent on year and wages added 0.7 percent on quarter and 5.3 percent on year.

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Australia Company Profits Sink 5.3% In Q2

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Australia Company Profits Sink 5.3% In Q2

Thai Stock Market May Extend Friday's Gains

Australia Building Approvals Jump 10.4% In July

European Stocks Close On Mixed Note

Australian Market Modestly Lower

Japanese Market Modestly Higher

Australia Company Profits Sink 5.3% In Q2

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Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

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Australia Company Profits Sink 5.3% In Q2

Thai Stock Market May Extend Friday's Gains

Australia Building Approvals Jump 10.4% In July

European Stocks Close On Mixed Note

Australian Market Modestly Lower

Japanese Market Modestly Higher

Australia Company Profits Sink 5.3% In Q2

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Tags

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