European Economic News Preview: Eurozone Inflationfxcue.com

(fxcue news) - Final inflation and current account data from the euro area and the treasury select committee hearing on the monetary policy report from the UK are the top events due on Tuesday. At 2.00 am ET, foreign trade data is due from Switzerland. The trade surplus is forecast to narrow to CHF 4.25 billion in October from CHF 4.95 billion in September. At 4.00 am ET, the European Central Bank publishes the euro area current account data for September. The surplus is expected to fall to EUR 27.0 billion from EUR 31.5 billion in August. At 5.00 am ET, the Treasury Committee will question the Bank of England Governor Andrew Bailey and members of the Monetary Policy Committee. The session will focus on the November Monetary Policy Report and the decision to cut the bank rate by 25 basis points. In the meantime, Eurostat is set to release euro area final inflation data for October. Inflation is seen at 2.0 percent in October, unchanged from the flash estimate, and up from 1.7 percent in September.

European Economic News Preview: Eurozone Inflation

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European Economic News Preview: Eurozone Inflation

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Trader

I took a two-day break and continued trading. Today, all gold purchases were profitable.

Make two gold trades and make a profit.

Gold operation strategy: sell under pressure 2600, stop loss 2597, target 2580;

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.

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European Economic News Preview: Eurozone Inflation

U.S. Homebuilder Confidence Improves Much More Than Expected In November

Asian Markets Trade Mostly Higher

Bay Street Likely To Open On Positive Note

Spirit Airlines Files For Chapter 11 Bankruptcy Protection; Stock Drops

Japanese Market Significantly Lower

CPI Uptick

European Economic News Preview: Eurozone Inflation

European Stocks Close On Mixed Note

Please sign in

Trader

I took a two-day break and continued trading. Today, all gold purchases were profitable.

Make two gold trades and make a profit.

Gold operation strategy: sell under pressure 2600, stop loss 2597, target 2580;

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.

Tags

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