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New York Manufacturing Index Soars Into Positive Territory November

2024-11-09 3938

(fxcue news) - A report released by the Federal Reserve Bank of New York on Friday showed regional manufacturing activity has seen a substantial turnaround in the month of November. The New York Fed said its general business conditions index skyrocketed to a positive 31.2 in November from a negative 11.9 in October, with a positive reading indicating growth. Economists had expected the index to jump to a negative 0.7. With the much bigger than expected increase, the general business conditions index reached its highest level since December 2021. Looking ahead, the New York Fed said firms remained optimistic that conditions would continue to improve in the months ahead.

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New York Manufacturing Index Soars Into Positive Territory November

U.S. Import Prices Unexpectedly Rise 0.3% In October

U.S. Retail Sales Climb Slightly More Than Expected In October

U.S. Import Prices Unexpectedly Increase In October

UK Economy Logs Meager Growth In Q3

Japan Core Machine Orders Slip 0.7% In September

U.S. Retail Sales Climb 0.4% In October

New York Manufacturing Index Soars Into Positive Territory November

FDA Approves PTC's Kebilidi As First Gene Therapy To Treat AADC Deficiency

Please sign in

Trader

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Spot gold trading strategy today: sell 2597-2600, stop loss 2609, target at 2585-2577.

EURUSD, XAUUSD profit close trading

Today's gold trading stopped losses, we will continue tomorrow.

Tags

New York Manufacturing Index Soars Into Positive Territory November

U.S. Import Prices Unexpectedly Rise 0.3% In October

U.S. Retail Sales Climb Slightly More Than Expected In October

U.S. Import Prices Unexpectedly Increase In October

UK Economy Logs Meager Growth In Q3

Japan Core Machine Orders Slip 0.7% In September

U.S. Retail Sales Climb 0.4% In October

New York Manufacturing Index Soars Into Positive Territory November

FDA Approves PTC's Kebilidi As First Gene Therapy To Treat AADC Deficiency

Please sign in

Trader

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Spot gold trading strategy today: sell 2597-2600, stop loss 2609, target at 2585-2577.

EURUSD, XAUUSD profit close trading

Today's gold trading stopped losses, we will continue tomorrow.

Tags

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