China Services Sector Slows In November

(fxcue news) - The services sector in China continued to expand in November, albeit at a slower pace, the latest survey from Judo Bank revealed on Wednesday with a services PMI score of 51.5. That's down from 52.0 in October, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Services activity growth slowed in line with the trend for new business. While improvements in underlying demand and market conditions supported another rise in new business, the rate of growth eased from October and was below average. Export business rose at a faster pace compared with overall new business but also saw the rate of growth moderate from October. Despite the slowdown in new business growth, the level of outstanding business increased for a fourth straight month in November. This resulted in further job creation in the Chinese service sector as firms sought to hire additional staff to cope with higher workloads. The rates at which outstanding business and employment rose were marginal, however.

China Services Sector Slows In November - Caixin

Short term trading strategy for foreign exchange currencies on December 5th

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China Services Sector Slows In November - Caixin

Strategist: Gold prices will never return to $2000 and will triple from current levels

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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

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China Services Sector Slows In November - Caixin

Short term trading strategy for foreign exchange currencies on December 5th

Trump's astonishing statement: Canada will become the 51st state of the United States! North American politicians have responded one after another

France faces long-term turmoil, and the crisis in France intensifies after Macron's resignation?

Trump has just made a major personnel decision! The Wall Street Journal: Indicates Trump's determination to implement high tariff proposals

ADP employment data falls short of expectations to support gold prices, Powell releases cautious interest rate cuts, market awaits non farm payroll report

Powell suggests being more cautious as gold prices are still supported by multiple positive factors, with a focus on US employment data

China Services Sector Slows In November - Caixin

Strategist: Gold prices will never return to $2000 and will triple from current levels

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

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