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South Korea Consumer Prices Fall 0.3% In November

2024-12-03 4360

(fxcue news) - Consumer prices in South Korea were down a seasonally adjusted 0.3 percent on month in November, Statistics Korea said on Tuesday. That was unchanged from the October reading but missed forecasts for a decline of 0.2 percent. On a yearly basis, inflation was up 1.5 percent - beneath expectations for an increase of 1.7 percent but up from 1.3 percent in the previous month. Core CPI, which strips out the volatile costs of food, was flat on month and up 1.9 percent on year after adding 0.2 percent on month and 1.8 percent on year in October.

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South Korea Consumer Prices Fall 0.3% In November

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South Korea Consumer Prices Fall 0.3% In November

U.S. Manufacturing PMI Rises More Than Expected But Still Indicates Contraction

Japanese Market Slightly Lower

Indonesia Stock Market May Find Traction On Tuesday

Asian Markets A Sea Of Green

Dollar Tumbled Last Week After An Eight-week Rally

U.S. Construction Spending Climbs More Than Expected In October

South Korea Consumer Prices Fall 0.3% In November

Sensex

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Trader

Buy spot gold at 2643, take profit at 2652.

Today, all USDJPY, EURUSD, and GBPUSD trades were cut off...

If the gold market rises today, sell at 2652 and stop at 2657. The lower targets are 2634 and 2625, and leave. Buy at 2623-2621.

Operation suggestion: Short sell near gold 2650-52, loss 2658, look at 2640, 2635; Near 2635 in the data, you can also buy short and buy long!

Short selling (buy down) in batches around 2650-2652 for gold rebound, with a 2/10 position and a stop loss of 6 points. The target is around 2635-2630, with a break at the 2625 level;

Crude oil prices have risen and broken through, and bulls are expected to continue. In today's operations, it is recommended to consider a pullback layout and buy first, with high selling as a supplement. Focus on resistance at $71.4-72.4 above and support at $69.5-68.5 below.

We are considering a high sell low buy strategy for spot gold operations today, with a focus on resistance at $2655-2666 above and support at $2633-2620 below.

Gold is expected to rebound to around or above 2650 and sell short, with a loss of 2655. Short term view is 2630-25, with a target of around or below 2600; Short selling near 2670 with a loss of 2677, the target remains the same.

Gold operation strategy: Short sell gold at the 2648-53 line, stop loss at 2658, target at the 2612-2618 line, break below the 2606-2600 line;

Tags

South Korea Consumer Prices Fall 0.3% In November

U.S. Manufacturing PMI Rises More Than Expected But Still Indicates Contraction

Japanese Market Slightly Lower

Indonesia Stock Market May Find Traction On Tuesday

Asian Markets A Sea Of Green

Dollar Tumbled Last Week After An Eight-week Rally

U.S. Construction Spending Climbs More Than Expected In October

South Korea Consumer Prices Fall 0.3% In November

Sensex

Please sign in

Trader

Buy spot gold at 2643, take profit at 2652.

Today, all USDJPY, EURUSD, and GBPUSD trades were cut off...

If the gold market rises today, sell at 2652 and stop at 2657. The lower targets are 2634 and 2625, and leave. Buy at 2623-2621.

Operation suggestion: Short sell near gold 2650-52, loss 2658, look at 2640, 2635; Near 2635 in the data, you can also buy short and buy long!

Short selling (buy down) in batches around 2650-2652 for gold rebound, with a 2/10 position and a stop loss of 6 points. The target is around 2635-2630, with a break at the 2625 level;

Crude oil prices have risen and broken through, and bulls are expected to continue. In today's operations, it is recommended to consider a pullback layout and buy first, with high selling as a supplement. Focus on resistance at $71.4-72.4 above and support at $69.5-68.5 below.

We are considering a high sell low buy strategy for spot gold operations today, with a focus on resistance at $2655-2666 above and support at $2633-2620 below.

Gold is expected to rebound to around or above 2650 and sell short, with a loss of 2655. Short term view is 2630-25, with a target of around or below 2600; Short selling near 2670 with a loss of 2677, the target remains the same.

Gold operation strategy: Short sell gold at the 2648-53 line, stop loss at 2658, target at the 2612-2618 line, break below the 2606-2600 line;

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