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U.S. Industrial Production Decreases In Line With Estimates In October

2024-11-13 3330

(fxcue news) - With the effects of recent hurricanes and the strike at Boeing (BA) continuing to weigh on growth, the Federal Reserve released a report on Friday showing U.S. industrial production decreased in line with economist estimates in the month of October. The report said industrial production fell by 0.3 percent in October after sliding by a downwardly revised 0.5 percent in September. Economists had expected industrial production to dip by 0.3 percent, matching the decline originally reported for the previous month. The Fed said the Boeing strike held down industrial production growth by an estimated 0.2 percentage points in October, while Hurricane Milton and the lingering effects of Hurricane Helene together reduced growth by 0.1 percentage point.

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U.S. Industrial Production Decreases In Line With Estimates In October

U.S. Retail Sales Climb Slightly More Than Expected In October

UK Economy Logs Meager Growth In Q3

Japan Core Machine Orders Slip 0.7% In September

U.S. Retail Sales Climb 0.4% In October

New York Manufacturing Index Soars Into Positive Territory November

Yen Falls Against Majors

U.S. Industrial Production Decreases In Line With Estimates In October

U.S. Import Prices Unexpectedly Increase In October

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Trader

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Spot gold trading strategy today: sell 2597-2600, stop loss 2609, target at 2585-2577.

EURUSD, XAUUSD profit close trading

Today's gold trading stopped losses, we will continue tomorrow.

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U.S. Industrial Production Decreases In Line With Estimates In October

U.S. Retail Sales Climb Slightly More Than Expected In October

UK Economy Logs Meager Growth In Q3

Japan Core Machine Orders Slip 0.7% In September

U.S. Retail Sales Climb 0.4% In October

New York Manufacturing Index Soars Into Positive Territory November

Yen Falls Against Majors

U.S. Industrial Production Decreases In Line With Estimates In October

U.S. Import Prices Unexpectedly Increase In October

Please sign in

Trader

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Spot gold trading strategy today: sell 2597-2600, stop loss 2609, target at 2585-2577.

EURUSD, XAUUSD profit close trading

Today's gold trading stopped losses, we will continue tomorrow.

Tags

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