DAX Extends Losses As Business Sentiment Weakensfxcue.com

(fxcue news) - German stocks fell on Thursday to extend losses from the previous session as a global tech selloff intensified and a survey showed German business morale unexpectedly fell in July. The Ifo institute's business climate index sank to 87.0 in July from 88.6 in June amid increasing pessimism about the performance of Europe's largest economy. The benchmark DAX was down 244 points, or 1.3 percent, at 18,143 after losing 0.9 percent in the previous session. Semiconductor parts maker Aixtron AG fell 2.6 percent after revising down the annual revenue outlook for the third quarter. Agriculture group BayWa rallied 2.7 percent on reports that Swiss energy investor Energy Infrastructure Partners (EIP) is seeking to increase its stake in the company's renewable energy unit. Vossloh, an international technology group focused on rail products including switches, signals and crossings, rose over 2 percent after reporting a rise in first-half net income. Wind turbine maker Nordex gained 1 percent after narrowing its half-year net loss and lifting its FY24 EBITDA margin view.

DAX Extends Losses As Business Sentiment Weakens

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Trader

Spot gold trading profits are eliminated, and today's trading is over.

The gold market is not suitable for chasing long positions, selling at high levels is the main strategy, and taking profits from selling orders is eliminated.

Gold sell orders take profit and exit, the entry point is not very good, continue to wait for opportunities.

Crude oil and gold trading took profit, earning $15751.

Trading of USDJPY, EURUSD, and XAUUSD took profit and ended today.

This week, gold trading has maintained one order per day, with 4 orders profitable and 1 order losing, resulting in a total profit of 651 US dollars. We will continue to maintain this trend.

This week, foreign exchange gold trading incurred a total loss of $7855, with trading varieties including EURUSD, USDJPY, GBPUSD, and gold. It has been losing money for two consecutive weeks Come on next week, turn losses into profits.

This week, gold trading saw a slight profit of $130, and gold prices continue to hit new highs. If the Federal Reserve cuts interest rates, gold prices will continue to hit new highs.

This week, the gold trading made a total profit of $1437, and the gold price hit a new historical high. The market will continue to be strong next week, so be cautious in selling and close as soon as possible.

This week, the gold market has experienced a strong rise, reaching a historic high, with a total loss of $7131 in trading for the week.

Tags

DAX Extends Losses As Business Sentiment Weakens

China Unexpectedly Cuts MLF Rate By 20 Bps

Humana Expands Partnership With Google Cloud By Inking New Multi-year Agreement

Taiwan Shares Tipped To Open In The Red

Asian Shares Slump After Weak Earnings

Japan Producer Prices Jump 3.0% On Year In June

DAX Extends Losses As Business Sentiment Weakens

Malaysia Shares May Take Further Damage On Thursday

Federal Signal Boosts FY24 Adj. EPS Outlook As Q2 Results Top Estimates

Please sign in

Trader

Spot gold trading profits are eliminated, and today's trading is over.

The gold market is not suitable for chasing long positions, selling at high levels is the main strategy, and taking profits from selling orders is eliminated.

Gold sell orders take profit and exit, the entry point is not very good, continue to wait for opportunities.

Crude oil and gold trading took profit, earning $15751.

Trading of USDJPY, EURUSD, and XAUUSD took profit and ended today.

This week, gold trading has maintained one order per day, with 4 orders profitable and 1 order losing, resulting in a total profit of 651 US dollars. We will continue to maintain this trend.

This week, foreign exchange gold trading incurred a total loss of $7855, with trading varieties including EURUSD, USDJPY, GBPUSD, and gold. It has been losing money for two consecutive weeks Come on next week, turn losses into profits.

This week, gold trading saw a slight profit of $130, and gold prices continue to hit new highs. If the Federal Reserve cuts interest rates, gold prices will continue to hit new highs.

This week, the gold trading made a total profit of $1437, and the gold price hit a new historical high. The market will continue to be strong next week, so be cautious in selling and close as soon as possible.

This week, the gold market has experienced a strong rise, reaching a historic high, with a total loss of $7131 in trading for the week.

Tags

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