European Shares Muted Ahead Of Key Inflation Readingfxcue.com

(fxcue news) - European stocks slipped into the red on Friday ahead of the release of flash euro zone inflation data for November, due later in the day. Amid worries over trade tariffs and recent political turmoil in France, the reading may offer additional clues on the interest rate outlook ahead of the European Central Bank's last meeting of the year on Dec. 12. Preliminary data showed earlier today that France's harmonized inflation rate rose 1.7 percent in November from 1.6 percent in October -matching expectations and remaining well below the European Central Bank's 2 percent target. Elsewhere, official data showed German retail sales fell more than expected in October, falling 1.5 percent month-on-month. The pan European Stoxx 600 was marginally lower at 507.02 after rising half a percent on Thursday to snap two days of declines. The German DAX and France's CAC 40 also traded flat with negative bias while the U.K.'s FTSE 100 was down 0.2 percent. Mining stocks traded higher amid growing expectations for new stimulus ahead of a key policy meeting in China next month. Glencore and Antofagasta were seeing modest gains, while Anglo American rallied nearly 3 percent as Jefferies raised its rating on the stock to buy from hold. Insurer Aviva was marginally higher on reports that it has approached shareholders of its smaller rival, Direct Line, signaling a hostile takeover bid. Caffyns, a motor retailer, fell 2.6 percent after reporting flat revenue growth for the first half. Delivery Hero SE, an online food delivery platform, rose about 1 percent after it has set the price for its Middle Eastern unit's initial public offering at the top of its range.

European Shares Muted Ahead Of Key Inflation Reading

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Taiwan Stock Market Tipped To Open Under Pressure On Thursday

FTSE 100 Muted In Cautious Trade

U.S. Dollar Retreats Against Franc

European Shares Muted Ahead Of Key Inflation Reading

French GDP Growth Accelerates; Inflation Rises Marginally

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12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

Buy more directly near the current gold price of 2626, 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 2623, 2620, and 2614;

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European Shares Muted Ahead Of Key Inflation Reading

Bay Street May Open Higher On Firm Metal Prices; GDP Data In Focus

South African Rand Off Near 2-week Low Against U.S. Dollar

Malaysia Shares May Run Out Of Steam On Thursday

Taiwan Stock Market Tipped To Open Under Pressure On Thursday

FTSE 100 Muted In Cautious Trade

U.S. Dollar Retreats Against Franc

European Shares Muted Ahead Of Key Inflation Reading

French GDP Growth Accelerates; Inflation Rises Marginally

Please sign in

Trader

12/27 Gold Day Short term Strategy Reference:1. First fall back, first see around 2623. Short buy again, lose 2615, target at 2643-2655-2673! 2. Rush high for the first time. Short sell at any time around 2655-58, with a loss of 2660. Target at 2643-2633-2623!

Buy long for spot gold at 2628 or 24, and sell short when it first rises close to 2644 or 2654. Last night, buy long around 2621 and sell short around 2639. Crude oil prices have increased from over 70 to 70.7, but short selling around 71 has not been achieved.

Buy near gold 2622, protect 2612, target 2634-2642;

Today's spot gold is in the short-term range of 2640-2620; Low absorption and high selling within the range; If it stabilizes at 2640-2645, it is necessary to buy long in the short term with a bullish trend; 2640-2645 is the position of the strong weak boundary point;

Today's spot gold operation is considering a pullback layout, with buying long orders as the main strategy and short selling high as a supplement. The upper focus is on the resistance of $2640-2657, and the lower focus is on the support of $2622-2613.

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

Buy more directly near the current gold price of 2626, 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 2623, 2620, and 2614;

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