Japan Manufacturing PMI Improves To 49.5 In December

(fxcue news) - The manufacturing sector in Japan continued to contract in December, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.5. That's up from 49.0 in November, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. New orders continued to fall and at a steeper pace compared to November. Meanwhile, output fell only slightly as higher workforce capacity supported the strongest clearance of backlogged orders since March. Input price inflation remained elevated in December, with the rate of increase the most pronounced in four months. This contributed to the steepest rise in output charges since July. The report also said the services PMI improved to 51.4 in December from 50.5 in November. Supporting the latest uptick in activity was a rise in new business inflows, where growth reached a four-month high. In turn, service providers hired additional staff to deal with ongoing workloads and limit the build-up of outstanding business. The level of optimism was above-average during December, but eased amid concerns over labor constraints and the impact of rising costs.

Japan Manufacturing PMI Improves To 49.5 In December - Jibun

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Japan Manufacturing PMI Improves To 49.5 In December - Jibun

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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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Japan Manufacturing PMI Improves To 49.5 In December - Jibun

Is the rise of the US dollar hindered before the Federal Reserve policy meeting, and the decline in gold prices slowing down? Follow 'Terror Data'

Japan Core Machine Orders Climb 2.1% In October

CAC 40 Slides As Moody's Downgrades France's Credit Rating

Japan Shares Tipped To End Losing Streak

Australian Market Modestly Lower

Dollar Struggles To Find Direction Ahead Of Fed Meeting

Japan Manufacturing PMI Improves To 49.5 In December - Jibun

European Shares Decline After France's Credit Rating Cut

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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