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

2024-11-18 4238

(fxcue news) - Partly reflecting a jump in sales by motor vehicle and parts dealers, the Commerce Department released a report on Friday showing retail sales in the U.S. increased by slightly more than expected in the month of October. The Commerce Department said retail sales rose by 0.4 percent in October after growing by an upwardly revised 0.8 percent in September. Economists had expected retail sales to climb by 0.3 percent compared to the 0.4 percent increase originally reported for the previous month. Excluding the surge in sales by motor vehicle and parts dealers, retail sales inched up by 0.1 percent in October after jumping by 1.0 percent in September. Ex-auto sales were expected to rise by 0.3 percent.

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

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

AUD/USD rebound may be limited, market pays attention to Reserve Bank of Australia's November minutes

European Shares Set To Drift Lower After Powell Comments

Yen Falls As Japan GDP Growth Slows In Q3

European Economic News Preview: UK GDP Data Due

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

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

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

Trump or reinstating energy sanctions is a double-edged sword for the global economy!

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

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

AUD/USD rebound may be limited, market pays attention to Reserve Bank of Australia's November minutes

European Shares Set To Drift Lower After Powell Comments

Yen Falls As Japan GDP Growth Slows In Q3

European Economic News Preview: UK GDP Data Due

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

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

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

Trump or reinstating energy sanctions is a double-edged sword for the global economy!

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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