FTSE 100 Slips As Geopolitics Weighsfxcue.com

(fxcue news) - The FTSE 100 benchmark of the London Stock Exchange aligned with the trend in European markets to trade in the red amidst a massive spike in geopolitical concerns. However, the index managed to outperform its European peers. FTSE 100 oscillated between 8,145.86 and 8,064.84 as compared with the previous day's closing level of 8,109.32. The benchmark index of the London Stock Exchange is currently trading at 8,080.62, having lost 0.35 percent on an overnight basis. In the 100-scrip index, only 38 are trading in the overnight positive zone. Imperial Brands and DCC, both rallied more than 2.5 percent. British Land Co, BT Group and Endeavour Mining have added more than 1 percent. Diploma tumbled 6.8 percent despite reporting strong financial results. Melrose Industries followed with a decline of 3.8 percent. International Consolidated Airlines, Rolls Royce Holdings and Informa, all declined more than 2 percent. The GBP/USD pair slipped 0.34 percent overnight to 1.2633. The sterling ranged between $1.2689 and $1.2614 in the day's trade. The EUR/GBP pair is flat at 0.8360. The GBP/JPY pair dropped 0.74 percent to 194.63. Diverging from the global trend of easing, bond yields in the U.K. spiked in the day's trading. Ten-year bond yields increased 0.24 percent to 4.4765 percent. The yields ranged between 4.431 percent and 4.4945 percent over the course of the day. The same was at 4.466 percent a day earlier.

FTSE 100 Slips As Geopolitics Weighs

U.S. Housing Starts Tumble 3.1% In October

Australian Market Modestly Lower

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

Canadian Market Down In Negative Territory

Major European Markets Pare Early Gains

CAC 40 In The Green As War Clouds Fade

FTSE 100 Slips As Geopolitics Weighs

Thai Stock Market May Add To Its Winnings On Wednesday

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Trader

Gold operation strategy: Short sell gold at the 2648-53 line, stop loss at 2658, target at the 2612-2618 line, break below the 2606-2600 line;

Gold Strategy: 2645-2650 Short Selling Stop Loss 2658 Target 2630

Considering the rebound of crude oil operations today, short selling is the priority, with buying long at low prices as a supplement. Focus on resistance at $68.6-69.2 above and support at $67.0-66.0 below.

Sell directly near gold 2639, targeting 2622-2615-2606; If short selling is done in batches at three points: 2644, 2647, and 2654; If you buy more around 2622, 2615, and 2606 for the first time;

Spot silver can be bought long at the position of 30.2 today, with a stop loss set at 30. The target is first to look at 30.5 and 30.7, and if a break can be achieved, the target can be further focused on 30.9 and 31.2.

Spot gold trading recommendation for today's operation is to short one near 2650-2648, with a stop loss of 2656 and a target of 2640-2635. Buy one more time on the first retracement of 2620-2622, stop loss at 2615, target around 2635-2645.

Profit from gold trading

Profit from selling foreign exchange gold orders

Sell directly near gold 2630, targeting 2616-2608-2598; If sold in batches at four o'clock on 2633, 2637, 2642, and 2650; If it is given around 2616, 2608, and 2598 for the first time, it can be bought;

Gold intraday strategy: Buy near 2626-2629 Stop loss 2620 Target 2645

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FTSE 100 Slips As Geopolitics Weighs

U.S. Housing Starts Tumble 3.1% In October

Australian Market Modestly Lower

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

Canadian Market Down In Negative Territory

Major European Markets Pare Early Gains

CAC 40 In The Green As War Clouds Fade

FTSE 100 Slips As Geopolitics Weighs

Thai Stock Market May Add To Its Winnings On Wednesday

Please sign in

Trader

Gold operation strategy: Short sell gold at the 2648-53 line, stop loss at 2658, target at the 2612-2618 line, break below the 2606-2600 line;

Gold Strategy: 2645-2650 Short Selling Stop Loss 2658 Target 2630

Considering the rebound of crude oil operations today, short selling is the priority, with buying long at low prices as a supplement. Focus on resistance at $68.6-69.2 above and support at $67.0-66.0 below.

Sell directly near gold 2639, targeting 2622-2615-2606; If short selling is done in batches at three points: 2644, 2647, and 2654; If you buy more around 2622, 2615, and 2606 for the first time;

Spot silver can be bought long at the position of 30.2 today, with a stop loss set at 30. The target is first to look at 30.5 and 30.7, and if a break can be achieved, the target can be further focused on 30.9 and 31.2.

Spot gold trading recommendation for today's operation is to short one near 2650-2648, with a stop loss of 2656 and a target of 2640-2635. Buy one more time on the first retracement of 2620-2622, stop loss at 2615, target around 2635-2645.

Profit from gold trading

Profit from selling foreign exchange gold orders

Sell directly near gold 2630, targeting 2616-2608-2598; If sold in batches at four o'clock on 2633, 2637, 2642, and 2650; If it is given around 2616, 2608, and 2598 for the first time, it can be bought;

Gold intraday strategy: Buy near 2626-2629 Stop loss 2620 Target 2645

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