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CAC 40 Little Changed As Investors Await Fed Decision

2024-09-09 3960

(fxcue news) - French stocks were steady on Monday as investors remained cautious ahead of an expected Federal Reserve interest-rate cut this week. The main debate is should the Fed go in with a 50-bps cut or stick to a 25-bps cut. The benchmark CAC 40 was marginally higher at 7,471 after rising 0.4 percent on Friday. Ipsen SA jumped 5.5 percent. The drug maker has cancelled plans to commercialize a treatment for prostate cancer after a late-stage trial stopped short of reaching its main goals. Electrical supplies distributor Rexel soared 10 percent after saying it had rejected an unsolicited preliminary bid from billionaire Brad Jacobs-led QXO. Vallourec SA was moving lower. The seamless tubular solutions company has agreed to acquire Thermotite do Brasil Ltda. a provider of thermal insulation pipe coating services for the offshore oil and gas industry, from Mattr Corp. (MATR.TO) for $17.5 million, on a cash-free, debt-free basis.

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European Shares Struggle For Direction With Fed Meeting In Focus

Yen Rises Against Majors

CAC 40 Little Changed As Investors Await Fed Decision

Sensex

Canadian Market Modestly Higher

香港金管局通过贴现窗口向银行投放26.2亿港元

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CAC 40 Little Changed As Investors Await Fed Decision

European Shares Struggle For Direction With Fed Meeting In Focus

Yen Rises Against Majors

CAC 40 Little Changed As Investors Await Fed Decision

Sensex

Canadian Market Modestly Higher

香港金管局通过贴现窗口向银行投放26.2亿港元

Sensex

Please sign in

Trader

Gold has emerged from the convergence triangle, and you can buy long after the afternoon rebound. Pay attention to the support levels of 2620 and 2616 below, and the pressure level of 2633 above! Buy long near gold 2622 and 2618, stop loss 2612, target 2633-40

Spot gold: buy long at 2616-10, stop loss at 7 points, target 28-36, look up in sequence;2632-38 short selling, stop loss of 7 points, target 16-10-06 stage open positions to gradually reduce positions. Let's take a look below;

Gold rebounds with a short selling range of 2635-2640, with a stop loss of 2649 and a target range of 2598-2600;

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

Buy more directly near the current gold price of 2617, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2614, 2611, and 2605;

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CAC 40 Little Changed As Investors Await Fed Decision

European Shares Struggle For Direction With Fed Meeting In Focus

Yen Rises Against Majors

CAC 40 Little Changed As Investors Await Fed Decision

Sensex

Canadian Market Modestly Higher

香港金管局通过贴现窗口向银行投放26.2亿港元

Sensex

Please sign in

Trader

Gold has emerged from the convergence triangle, and you can buy long after the afternoon rebound. Pay attention to the support levels of 2620 and 2616 below, and the pressure level of 2633 above! Buy long near gold 2622 and 2618, stop loss 2612, target 2633-40

Spot gold: buy long at 2616-10, stop loss at 7 points, target 28-36, look up in sequence;2632-38 short selling, stop loss of 7 points, target 16-10-06 stage open positions to gradually reduce positions. Let's take a look below;

Gold rebounds with a short selling range of 2635-2640, with a stop loss of 2649 and a target range of 2598-2600;

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

Buy more directly near the current gold price of 2617, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2614, 2611, and 2605;

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