CAC 40 Gains On Expectations Of US Rate Cutsfxcue.com

(fxcue news) - French stocks advanced on Friday as strong U.S. GDP growth and signs of cooling inflation paved the way for the Federal Reserve to cut interest rates soon. Earlier this week, a former Fed hawk said waiting for September to cut rates "unnecessarily increases the risk" of recession. The benchmark CAC 40 rose 67 points, or 0.9 percent, to 7,494 after losing 1.2 percent on Thursday. In corporate news, Capgemini shares slumped 11 percent. The IT consulting group expects its annual revenue to fall between 0.5 percent and 1.5 percent, compared with the earlier expectation of 0-3 percent rise. Hermes International rallied nearly 5 percent. The Birkin-bag maker reported a 13 percent rise in second-quarter sales, defying the luxury downturn. Eyewear maker EssilorLuxottica jumped 8 percent after reporting strong financial performance for the first half of 2024. Construction-to-telecom group Bouygues dropped 1 percent despite delivering better-than-expected core profit for the first half of the year.

CAC 40 Gains On Expectations Of US Rate Cuts

Asian Shares Mixed After Upbeat US GDP Report

DAX Edges Up On Mixed Earnings

Canadian Market Up Firmly In Positive Territory

Singapore Maintains Monetary Policy For Fifth Time; Cuts Inflation Outlook

U.S. Consumer Sentiment Index Dips Slightly Less Than Previously Estimated In July

CAC 40 Gains On Expectations Of US Rate Cuts

FTSE 100 Rises On Earnings; NatWest Rallies 7%

Canadian Dollar Drops As Oil Prices Dip

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Trader

Spot gold trading profits are eliminated, and today's trading is over.

The gold market is not suitable for chasing long positions, selling at high levels is the main strategy, and taking profits from selling orders is eliminated.

Gold sell orders take profit and exit, the entry point is not very good, continue to wait for opportunities.

Crude oil and gold trading took profit, earning $15751.

Trading of USDJPY, EURUSD, and XAUUSD took profit and ended today.

This week, gold trading has maintained one order per day, with 4 orders profitable and 1 order losing, resulting in a total profit of 651 US dollars. We will continue to maintain this trend.

This week, foreign exchange gold trading incurred a total loss of $7855, with trading varieties including EURUSD, USDJPY, GBPUSD, and gold. It has been losing money for two consecutive weeks Come on next week, turn losses into profits.

This week, gold trading saw a slight profit of $130, and gold prices continue to hit new highs. If the Federal Reserve cuts interest rates, gold prices will continue to hit new highs.

This week, the gold trading made a total profit of $1437, and the gold price hit a new historical high. The market will continue to be strong next week, so be cautious in selling and close as soon as possible.

This week, the gold market has experienced a strong rise, reaching a historic high, with a total loss of $7131 in trading for the week.

Tags

CAC 40 Gains On Expectations Of US Rate Cuts

Asian Shares Mixed After Upbeat US GDP Report

DAX Edges Up On Mixed Earnings

Canadian Market Up Firmly In Positive Territory

Singapore Maintains Monetary Policy For Fifth Time; Cuts Inflation Outlook

U.S. Consumer Sentiment Index Dips Slightly Less Than Previously Estimated In July

CAC 40 Gains On Expectations Of US Rate Cuts

FTSE 100 Rises On Earnings; NatWest Rallies 7%

Canadian Dollar Drops As Oil Prices Dip

Please sign in

Trader

Spot gold trading profits are eliminated, and today's trading is over.

The gold market is not suitable for chasing long positions, selling at high levels is the main strategy, and taking profits from selling orders is eliminated.

Gold sell orders take profit and exit, the entry point is not very good, continue to wait for opportunities.

Crude oil and gold trading took profit, earning $15751.

Trading of USDJPY, EURUSD, and XAUUSD took profit and ended today.

This week, gold trading has maintained one order per day, with 4 orders profitable and 1 order losing, resulting in a total profit of 651 US dollars. We will continue to maintain this trend.

This week, foreign exchange gold trading incurred a total loss of $7855, with trading varieties including EURUSD, USDJPY, GBPUSD, and gold. It has been losing money for two consecutive weeks Come on next week, turn losses into profits.

This week, gold trading saw a slight profit of $130, and gold prices continue to hit new highs. If the Federal Reserve cuts interest rates, gold prices will continue to hit new highs.

This week, the gold trading made a total profit of $1437, and the gold price hit a new historical high. The market will continue to be strong next week, so be cautious in selling and close as soon as possible.

This week, the gold market has experienced a strong rise, reaching a historic high, with a total loss of $7131 in trading for the week.

Tags

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