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Philly Fed Index Jumps Much More Than Expected In July

2024-07-17 2209

(fxcue news) - After reporting a slowdown in the pace of regional manufacturing growth in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing the pace of growth reaccelerated by much more than expected in the month of July. The Philly Fed said its diffusion index for current general activity jumped to 13.9 in July from 1.3 in June, with a positive reading indicating growth. Economists had expected the index to inch up to 2.9. The report said most future activity indicators also rose, suggesting more widespread expectations for overall growth over the next six months.

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Philly Fed Index Jumps Much More Than Expected In July

U.S. Weekly Jobless Claims Climb More Than Expected

Soft Start Expected For Hong Kong Stock Market

Philly Fed Index Jumps Much More Than Expected In July

Thai Stock Market May Turn Lower Again On Friday

Gold prices plummeted nearly $20 in the short term, with a 2-minute transaction of $320 million!

Has the US dollar index rebounded from its low in the past four months, while the gold price has fallen from its high and peaked?

Crude oil trading reminder: signals of economic slowdown once again suppress demand expectations, with oil prices falling nearly 1%

China Shares May Open Under Pressure On Friday

Please sign in

Trader

Spot gold trading profits are eliminated, and today's trading is over.

The gold market is not suitable for chasing long positions, selling at high levels is the main strategy, and taking profits from selling orders is eliminated.

Gold sell orders take profit and exit, the entry point is not very good, continue to wait for opportunities.

Crude oil and gold trading took profit, earning $15751.

Trading of USDJPY, EURUSD, and XAUUSD took profit and ended today.

This week, gold trading has maintained one order per day, with 4 orders profitable and 1 order losing, resulting in a total profit of 651 US dollars. We will continue to maintain this trend.

This week, foreign exchange gold trading incurred a total loss of $7855, with trading varieties including EURUSD, USDJPY, GBPUSD, and gold. It has been losing money for two consecutive weeks Come on next week, turn losses into profits.

This week, gold trading saw a slight profit of $130, and gold prices continue to hit new highs. If the Federal Reserve cuts interest rates, gold prices will continue to hit new highs.

This week, the gold trading made a total profit of $1437, and the gold price hit a new historical high. The market will continue to be strong next week, so be cautious in selling and close as soon as possible.

This week, the gold market has experienced a strong rise, reaching a historic high, with a total loss of $7131 in trading for the week.

Tags

Philly Fed Index Jumps Much More Than Expected In July

U.S. Weekly Jobless Claims Climb More Than Expected

Soft Start Expected For Hong Kong Stock Market

Philly Fed Index Jumps Much More Than Expected In July

Thai Stock Market May Turn Lower Again On Friday

Gold prices plummeted nearly $20 in the short term, with a 2-minute transaction of $320 million!

Has the US dollar index rebounded from its low in the past four months, while the gold price has fallen from its high and peaked?

Crude oil trading reminder: signals of economic slowdown once again suppress demand expectations, with oil prices falling nearly 1%

China Shares May Open Under Pressure On Friday

Please sign in

Trader

Spot gold trading profits are eliminated, and today's trading is over.

The gold market is not suitable for chasing long positions, selling at high levels is the main strategy, and taking profits from selling orders is eliminated.

Gold sell orders take profit and exit, the entry point is not very good, continue to wait for opportunities.

Crude oil and gold trading took profit, earning $15751.

Trading of USDJPY, EURUSD, and XAUUSD took profit and ended today.

This week, gold trading has maintained one order per day, with 4 orders profitable and 1 order losing, resulting in a total profit of 651 US dollars. We will continue to maintain this trend.

This week, foreign exchange gold trading incurred a total loss of $7855, with trading varieties including EURUSD, USDJPY, GBPUSD, and gold. It has been losing money for two consecutive weeks Come on next week, turn losses into profits.

This week, gold trading saw a slight profit of $130, and gold prices continue to hit new highs. If the Federal Reserve cuts interest rates, gold prices will continue to hit new highs.

This week, the gold trading made a total profit of $1437, and the gold price hit a new historical high. The market will continue to be strong next week, so be cautious in selling and close as soon as possible.

This week, the gold market has experienced a strong rise, reaching a historic high, with a total loss of $7131 in trading for the week.

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