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DAX Modestly Higher Ahead Of Eurozone Inflation Data

2024-08-20 1024

(fxcue news) - German stocks were modestly higher in cautious trade on Tuesday ahead of the release of Eurozone final inflation data later in the day. Meanwhile, Germany's producer prices continued to decrease on weaker energy prices in July but the overall pace of fall in producer prices slowed further, data from Destatis revealed earlier today. The annual fall in producer prices halved to 0.8 percent in July from 1.6 percent in June, matching expectations. Producer prices have been falling since July 2023 and the latest drop was the slowest in the current sequence of decline. Producer prices in July were up 0.2 percent on month, the same as in June. The benchmark DAX was up 37 points, or 0.2 percent, at 18,458 after rising half a percent the previous day. In corporate news, Nordex rose over 1 percent after it received five turbine orders from Akfen Renewable Energy for a total of 102MW for several wind farm extensions in Turkey.

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DAX Modestly Higher Ahead Of Eurozone Inflation Data

NZ Dollar Rises As Traders Focus On Fed Rate Outlook

DAX Modestly Higher Ahead Of Eurozone Inflation Data

Lufthansa Extending Flight Suspensions To The Middle East Up To Aug 26

Thai GDP Growth Fastest In 5 Quarters

Guess? Appoints Dennis Secor As Interim CFO To Succeed Markus Neubrand

Bay Street Likely To Open On Subdued Note

DAX Modestly Higher Ahead Of Eurozone Inflation Data

U.S. Dollar Dropped Last Week As Rate Cut Hopes Gained

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Trader

This week's gold trading was perfect, with only one loss and all others taking profit, resulting in a total profit of $2298.

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DAX Modestly Higher Ahead Of Eurozone Inflation Data

NZ Dollar Rises As Traders Focus On Fed Rate Outlook

DAX Modestly Higher Ahead Of Eurozone Inflation Data

Lufthansa Extending Flight Suspensions To The Middle East Up To Aug 26

Thai GDP Growth Fastest In 5 Quarters

Guess? Appoints Dennis Secor As Interim CFO To Succeed Markus Neubrand

Bay Street Likely To Open On Subdued Note

DAX Modestly Higher Ahead Of Eurozone Inflation Data

U.S. Dollar Dropped Last Week As Rate Cut Hopes Gained

Please sign in

Trader

This week's gold trading was perfect, with only one loss and all others taking profit, resulting in a total profit of $2298.

This week, gold trading continued to operate on a daily basis, with 3 profit stoppages and 2 loss losses, resulting in a total profit of $193.

Gold trading has been quite difficult this week, with spot gold prices constantly hitting new highs. Buying and selling require greater courage. This week's slight profit will continue next week.

A week has passed, and we continue to trade steadily and make profits. Continue to work hard next week

This week's gold trading suffered a slight loss, with an overall loss of $10000. Next week, we will optimize our trading and make a profit.

This week's gold trading was perfect, with only one stop loss transaction. Gold prices have repeatedly hit new highs, trading with caution.

The price of gold has been rising all the time, so be cautious when placing sell orders. Today, stop loss and exit the sell order.

There are opportunities for forex and gold trading every day, as long as we have our own profits, are not greedy, and trade steadily. Today's gold trading profit was eliminated.

Buy gold 2597, take profit 2604.

Tags

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