Swiss Market Ends Notably Lowerfxcue.com

(fxcue news) - The Switzerland market closed notably lower on Wednesday, after languishing in negative territory right through the day's trading session, as investors weighed global economic outlook in the wake of the latest data on Eurozone and U.K. inflation, and awaited the Federal Reserve's monetary policy announcement. The benchmark SMI, which moved in a very tight range, closed with a loss of 101.61 points or 0.87% at 11,638.91, slightly off the session's low. The index touched a high of 11,707.13. Givaudan and Adecco closed down 2.46% and 2.29%, respectively. Swiss Re ended lower by 1.78%, while Nestle, Schindler Ps, Sika, UBS Group, SIG Group and Roche Holding lost 1 to 1.5%. Geberit, Swisscom, Novartis, Zurich Insurance Group, Julius Baer and Swiss Life Holding also closed weak. ABB closed 0.7% down. The company said it has entered into an agreement to purchase Gamesa Electric's power electronics business in Spain from Siemens Energy's ENR Siemens Gamesa to boost its renewable power conversion portfolio. VAT Group climbed 1.85%. SGS gained a little over 1%. Alcon, Partners Group, Swatch Group and Holcim posted modest gains.

Swiss Market Ends Notably Lower

New Zealand GDP Falls 1.0% In Q3

Asian Shares Mixed Ahead Of Fed Verdict

Canadian Market Modestly Lower After Inflation Data

U.S. Industrial Production Unexpectedly Edges Lower In November

U.S. Retail Sales Climb More Than Expected As Auto Sales Extend Surge

European Stocks Close Higher Ahead Of Fed

Swiss Market Ends Notably Lower

U.S. Industrial Production Unexpectedly Edges Down 0.1% In November

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Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Tags

Swiss Market Ends Notably Lower

New Zealand GDP Falls 1.0% In Q3

Asian Shares Mixed Ahead Of Fed Verdict

Canadian Market Modestly Lower After Inflation Data

U.S. Industrial Production Unexpectedly Edges Lower In November

U.S. Retail Sales Climb More Than Expected As Auto Sales Extend Surge

European Stocks Close Higher Ahead Of Fed

Swiss Market Ends Notably Lower

U.S. Industrial Production Unexpectedly Edges Down 0.1% In November

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Tags

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