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U.S. Trade Deficit Narrows Slightly More Than Expected In October

2024-11-29 1946

(fxcue news) - Reflecting a steep drop by the value of imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed by slightly more than expected in the month of October. The Commerce Department said the trade deficit shrank to $73.8 billion in October from a revised $83.8 billion in September. Economists had expected the trade deficit to decrease to $75.0 billion from the $84.4 billion originally reported for the previous month. The narrower trade deficit came as the value of imports tumbled by 4.0 percent to $339.6 billion, although the value of exports also slumped by 1.6 percent to $265.7 billion.

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U.S. Trade Deficit Narrows Slightly More Than Expected In October

Australian Market Notably Lower

Soft Start Called For Hong Kong Stock Market

Japanese Market Significantly Lower

U.S. Trade Deficit Narrows To $73.8 In October As Imports Tumble

U.S. Weekly Jobless Claims Rise More Than Expected

Pound Rises As European Shares Gain

U.S. Trade Deficit Narrows Slightly More Than Expected In October

Indonesia Bourse May Give Up Support At 7

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Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

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.

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U.S. Trade Deficit Narrows Slightly More Than Expected In October

Australian Market Notably Lower

Soft Start Called For Hong Kong Stock Market

Japanese Market Significantly Lower

U.S. Trade Deficit Narrows To $73.8 In October As Imports Tumble

U.S. Weekly Jobless Claims Rise More Than Expected

Pound Rises As European Shares Gain

U.S. Trade Deficit Narrows Slightly More Than Expected In October

Indonesia Bourse May Give Up Support At 7

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

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.

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