CAC 40 Recovers After Weak Startfxcue.com

(fxcue news) - French stocks are turning in a mixed performance Thursday morning as investors make largely cautious moves amid a lack of fresh data. Higher U.S. bond yields, and concerns about potential tariffs under Trump's presidency as well the outlook for interest rate cuts appear to be weighing on stocks. Trading volumes are a bit thin as U.S. markets are closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100. A state funeral for the country's 39th president is taking place today. The benchmark CAC 40, which dropped to 7,029.91, recovered gradually to 7,46.18, gaining 12.76 points or 0.17%. STMicroElectronics is lower by about 5.6%. Renault, Michelin, Unibail Rodamco, Societe Generale, Stellantis and Thales are down 1 to 2%. Safran is gaining nearly 1.5%. ArcelorMittal is up 1.2%, while Publicis Groupe, Teleperformance, Eurofins Scientific and Edenred are advancing 0.7 to 1%. Data from Eurostat showed that Eurozone retail sales increased 0.1% in November over the previous month. Retail sales increased 1.2% in November over the same month in the previous year.

CAC 40 Recovers After Weak Start

Eurozone Retail Sales Rise Less Than Forecast

Pound Slides Against Majors

Australian Market Notably Lower

Bargain Hunting May Boost Hong Kong Shares

Amazon's AWS To Invest At Least $11 Bln In Georgia For Cloud

Euro Falls On Tariff Concerns

CAC 40 Recovers After Weak Start

Japanese Market Significantly Lower

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Trader

Gold 2681 short, stop loss 2690, target 2658

Gold trading strategy:1. Gold retraces to buy long at the 2653-2658 line, stop loss at 2645, target at the 2668-2673 line, break below the 2680 line;2. Gold rebounds, short selling at 2678-2680, stop loss at 2689, target at 2650-56, break at 2635-2640;

Crude oil was sold short at $74.90, with a stop loss of 30 points and a take profit of $73.90.

Gold rebounded in the morning session around 2678-2680 and shorted (bought down) in batches, with a 2/10 position and a stop loss of 6 points. The target is around 2670-2665, with a break to the 2660 line;

Short selling of 2680/2685 in spot market today, followed by short selling of 2695/90; 2660/62 buy more; Mainly focus on organizing and processing high-level intervals;

US crude oil fell 73.7 today, buy long, stop loss 73.2, target 74.4 and 75 pressure, and prepare to sell short above 75.2 pressure.

EUR/USD 1.03300 short, stop loss below 1.03500 target at 1.02800, break below at 1.02500

Short selling of silver at 30.4, stop loss at 30.6, target below at 30 and 29.9, break below at 29.7 and 26.5

If gold rises directly to 2682 in early trading today, sell it short with a stop loss of 2687. The lower targets are at 2668 and 2662, and if it falls below, look at the low support of 2655.

Short selling gold 2670 once, loss 2675, target at 2660;

Tags

CAC 40 Recovers After Weak Start

Eurozone Retail Sales Rise Less Than Forecast

Pound Slides Against Majors

Australian Market Notably Lower

Bargain Hunting May Boost Hong Kong Shares

Amazon's AWS To Invest At Least $11 Bln In Georgia For Cloud

Euro Falls On Tariff Concerns

CAC 40 Recovers After Weak Start

Japanese Market Significantly Lower

Please sign in

Trader

Gold 2681 short, stop loss 2690, target 2658

Gold trading strategy:1. Gold retraces to buy long at the 2653-2658 line, stop loss at 2645, target at the 2668-2673 line, break below the 2680 line;2. Gold rebounds, short selling at 2678-2680, stop loss at 2689, target at 2650-56, break at 2635-2640;

Crude oil was sold short at $74.90, with a stop loss of 30 points and a take profit of $73.90.

Gold rebounded in the morning session around 2678-2680 and shorted (bought down) in batches, with a 2/10 position and a stop loss of 6 points. The target is around 2670-2665, with a break to the 2660 line;

Short selling of 2680/2685 in spot market today, followed by short selling of 2695/90; 2660/62 buy more; Mainly focus on organizing and processing high-level intervals;

US crude oil fell 73.7 today, buy long, stop loss 73.2, target 74.4 and 75 pressure, and prepare to sell short above 75.2 pressure.

EUR/USD 1.03300 short, stop loss below 1.03500 target at 1.02800, break below at 1.02500

Short selling of silver at 30.4, stop loss at 30.6, target below at 30 and 29.9, break below at 29.7 and 26.5

If gold rises directly to 2682 in early trading today, sell it short with a stop loss of 2687. The lower targets are at 2668 and 2662, and if it falls below, look at the low support of 2655.

Short selling gold 2670 once, loss 2675, target at 2660;

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