South Korea GDP Adds 0.1% In Q3fxcue.com

(fxcue news) - South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said on Thursday - unchanged from Q2 but missing expectations for an increase of 0.5 percent. Real gross national income (real GNI) increased by 1.4 percent on quarter in Q3. On the production side, manufacturing increased by 0.2 percent mainly due to increases in transportation equipment and machinery and equipment. Construction fell by 1.4 percent, as building construction decreased. Services expanded by 0.2 percent, with increases in human health & social work and information and communication, despite decreases in wholesale and retail trade, accommodation and food services, and cultural & other services. On the expenditure side, private consumption rose by 0.5 percent, as expenditures on goods (e.g., electricity, gas and other fuels, and motor vehicles) and services (e.g., health services and transport services) both increased. On an annualized basis, GDP was up 1.5 percent - in line with expectations and also unchanged.

South Korea GDP Adds 0.1% In Q3

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South Korea GDP Adds 0.1% In Q3

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Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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South Korea GDP Adds 0.1% In Q3

Dollar Tree Q3 Beats Market

Eurozone Private Sector Re-Enters Contraction Zone

Malaysia Bourse May Extend Winning Streak

Pound Falls Against Most Majors

CAC 40 Gains Led By Banks

Pound Falls As BoE Governor Bailey Signals Four Rate Cuts Next Year

South Korea GDP Adds 0.1% In Q3

Bay Street Likely To Open On Firm Note

Please sign in

Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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