Home › News › Content

FTSE 100 Slides As Miners Decline On Weak China Data

2024-12-08 4841

(fxcue news) - U.K. stocks traded lower on Tuesday, with miners leading losses after data showed China's exports grew at a slower pace in November and imports unexpectedly shrank, in a worrying sign for the world's second-largest economy. The benchmark FTSE 100 dropped 35 points, or 0.4 percent, to 8,317 after gaining half a percent the previous day. Miners Anglo American, Antofagasta and Glencore were down 2-3 percent. Ashtead shares plunged almost 11 percent. The construction equipment rental group said it plans to move its listing from London to New York. FirstGroup rallied 4 percent. The transport group has agreed to acquire RATP London from RATP Developpement for an enterprise value of 90 million pounds ($114.8 million). British Gas-owner Centrica fell 2.3 percent after adding an extra £300m to its existing share buyback plan.

This page link：http://www.fxcue.com/340699.html
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights

Like (2110)

Commodity Currency's Slide As China Trade Data Disappoints

DAX Marginally Lower After Inflation Data

Singapore Shares Tipped To Open In The Red On Tuesday

Japan Stock Market May Turn Lower Again

Asian Shares Mixed On Weak China Data

European Shares Decline On Weak China Data

FTSE 100 Slides As Miners Decline On Weak China Data

Malaysia Bourse May Give Up Support At 1

Please sign in

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Opinions expressed at FXCue are those of the individual authors and do not necessarily represent the opinion of FXCue or its management. FXCue has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by FXCue, its employees, clients or contributors, is provided as general market commentary and does not constitute investment advice. FXCue will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

FTSE 100 Slides As Miners Decline On Weak China Data

Commodity Currency's Slide As China Trade Data Disappoints

DAX Marginally Lower After Inflation Data

Singapore Shares Tipped To Open In The Red On Tuesday

Japan Stock Market May Turn Lower Again

Asian Shares Mixed On Weak China Data

European Shares Decline On Weak China Data

FTSE 100 Slides As Miners Decline On Weak China Data

Malaysia Bourse May Give Up Support At 1

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

Tags

FTSE 100 Slides As Miners Decline On Weak China Data

Commodity Currency's Slide As China Trade Data Disappoints

DAX Marginally Lower After Inflation Data

Singapore Shares Tipped To Open In The Red On Tuesday

Japan Stock Market May Turn Lower Again

Asian Shares Mixed On Weak China Data

European Shares Decline On Weak China Data

FTSE 100 Slides As Miners Decline On Weak China Data

Malaysia Bourse May Give Up Support At 1

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

Tags

关注我们的公众号