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CAC 40 Rallies As Bond Yields Drop On Relief At Election Results

2024-06-23 1293

(fxcue news) - French stocks rose sharply on Monday while bonds gained in a relief rally as the first round of voting left Le Pen's National Rally looking short of securing a majority in parliament. The benchmark CAC 40 was up 110 points, or 1.5 percent, at 7,589 after falling 0.7 percent on Friday. Banks rallied, with BNP Paribas, Credit Agricole and Societe Generale climbing 3-5 percent. Valneva jumped 5 percent. The European Commission (EC) has granted marketing authorization for the company's chikungunya vaccine IXCHIQ for individuals 18 years of age and older. Airbus climbed 2.4 percent after it entered into a binding term sheet agreement with Spirit AeroSystems in relation to a potential acquisition of major activities related to Airbus. Technology firm Atos was marginally lower after reaching a deal with creditors on debt restructure terms.

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CAC 40 Rallies As Bond Yields Drop On Relief At Election Results

U.S. Stocks Close Higher; Nasdaq Outperforms

South Korea Manufacturing PMI Climbs To 51.6 - S&P Global

Win Streak May Continue For South Korea Stock Market

Sensex

CAC 40 Rallies As Bond Yields Drop On Relief At Election Results

RBA Minutes On Tap For Tuesday

Central banks around the world only purchased 10 tons of gold in May, and analysts say China will not end its gold purchase plan

Taiwan PMI Improves In June - S&P Global

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Trader

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

Buy spot gold at 2665, take profit at 2673.

Today, the profit from gold trading has been obtained, and we will continue to buy at a low level.

Gold operation strategy: sell in the 2663-2669 area, add position and sell in the 2675 area, manual stop loss, target 2614-2600-2584;

Tags

CAC 40 Rallies As Bond Yields Drop On Relief At Election Results

U.S. Stocks Close Higher; Nasdaq Outperforms

South Korea Manufacturing PMI Climbs To 51.6 - S&P Global

Win Streak May Continue For South Korea Stock Market

Sensex

CAC 40 Rallies As Bond Yields Drop On Relief At Election Results

RBA Minutes On Tap For Tuesday

Central banks around the world only purchased 10 tons of gold in May, and analysts say China will not end its gold purchase plan

Taiwan PMI Improves In June - S&P Global

Please sign in

Trader

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

Buy spot gold at 2665, take profit at 2673.

Today, the profit from gold trading has been obtained, and we will continue to buy at a low level.

Gold operation strategy: sell in the 2663-2669 area, add position and sell in the 2675 area, manual stop loss, target 2614-2600-2584;

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