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Australia November Trade Surplus A$7.079 Billion

2025-01-03 1602

(fxcue news) - Australia posted a seasonally adjusted merchandise trade surplus of A$7.079 billion November, the Australian Bureau of Statistics said on Thursday. That beat expectations for a surplus of A$5.750 billion following the upwardly revised A$5.670 billion surplus in October (originally A$5.593 billion). Exports were up 4.8 percent on month to A$43.816 billion, up from the downwardly revised 3.5 percent increase in the previous month (originally 3.6 percent). Imports were up 1.7 percent on month at A$36.737 billion following the downwardly revised 0.1 percent contraction a month earlier (originally +0.1 percent).

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Australia November Trade Surplus A$7.079 Billion

CAC 40 Recovers After Weak Start

Pound Slides As U.K. Borrowing Costs Soar

Sensex

U.S. Private Sector Job Growth Slows More Than Expected In December

Australia Retail Sales Climb 0.8% In November

U.S. Private Sector Employment Climbs Less Than Expected In December

Australia November Trade Surplus A$7.079 Billion

U.S. Jobless Claims Unexpectedly Slip To Nearly Eleven-Month Low

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Trader

Gold 2681 short, stop loss 2690, target 2658

Gold trading strategy:1. Gold retraces to buy long at the 2653-2658 line, stop loss at 2645, target at the 2668-2673 line, break below the 2680 line;2. Gold rebounds, short selling at 2678-2680, stop loss at 2689, target at 2650-56, break at 2635-2640;

Crude oil was sold short at $74.90, with a stop loss of 30 points and a take profit of $73.90.

Gold rebounded in the morning session around 2678-2680 and shorted (bought down) in batches, with a 2/10 position and a stop loss of 6 points. The target is around 2670-2665, with a break to the 2660 line;

Short selling of 2680/2685 in spot market today, followed by short selling of 2695/90; 2660/62 buy more; Mainly focus on organizing and processing high-level intervals;

US crude oil fell 73.7 today, buy long, stop loss 73.2, target 74.4 and 75 pressure, and prepare to sell short above 75.2 pressure.

EUR/USD 1.03300 short, stop loss below 1.03500 target at 1.02800, break below at 1.02500

Short selling of silver at 30.4, stop loss at 30.6, target below at 30 and 29.9, break below at 29.7 and 26.5

If gold rises directly to 2682 in early trading today, sell it short with a stop loss of 2687. The lower targets are at 2668 and 2662, and if it falls below, look at the low support of 2655.

Short selling gold 2670 once, loss 2675, target at 2660;

Tags

Australia November Trade Surplus A$7.079 Billion

CAC 40 Recovers After Weak Start

Pound Slides As U.K. Borrowing Costs Soar

Sensex

U.S. Private Sector Job Growth Slows More Than Expected In December

Australia Retail Sales Climb 0.8% In November

U.S. Private Sector Employment Climbs Less Than Expected In December

Australia November Trade Surplus A$7.079 Billion

U.S. Jobless Claims Unexpectedly Slip To Nearly Eleven-Month Low

Please sign in

Trader

Gold 2681 short, stop loss 2690, target 2658

Gold trading strategy:1. Gold retraces to buy long at the 2653-2658 line, stop loss at 2645, target at the 2668-2673 line, break below the 2680 line;2. Gold rebounds, short selling at 2678-2680, stop loss at 2689, target at 2650-56, break at 2635-2640;

Crude oil was sold short at $74.90, with a stop loss of 30 points and a take profit of $73.90.

Gold rebounded in the morning session around 2678-2680 and shorted (bought down) in batches, with a 2/10 position and a stop loss of 6 points. The target is around 2670-2665, with a break to the 2660 line;

Short selling of 2680/2685 in spot market today, followed by short selling of 2695/90; 2660/62 buy more; Mainly focus on organizing and processing high-level intervals;

US crude oil fell 73.7 today, buy long, stop loss 73.2, target 74.4 and 75 pressure, and prepare to sell short above 75.2 pressure.

EUR/USD 1.03300 short, stop loss below 1.03500 target at 1.02800, break below at 1.02500

Short selling of silver at 30.4, stop loss at 30.6, target below at 30 and 29.9, break below at 29.7 and 26.5

If gold rises directly to 2682 in early trading today, sell it short with a stop loss of 2687. The lower targets are at 2668 and 2662, and if it falls below, look at the low support of 2655.

Short selling gold 2670 once, loss 2675, target at 2660;

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