Fundamental analytics

WTI

Oil prices are in decline despite reports of energy production problems in Iraq and Libya. 

XAUUSD

Gold price increased by 0.4% on Tuesday amid a sharp decline in risk sentiment in the market.   

WTI

The oil market is within an upward trend on Monday due to the news from Libya. Libyan State Oil Company "National Oil Corp." reported the day before that the army of General Khalifa Haftar had blocked the main pipeline.

XAUUSD

Gold maintains a moderately upward-oriented movement vector, as investors doubt the potential success of the interim trade agreement between the United States and China, and fear a trade conflict in the future. 

According to analysts at FortFS, despite the Fed’s pigeon rhetorics, USD will still look attractive in 2020. 

The United States and China have signed the long-awaited interim foreign trade agreement    

In the upcoming week the market attention will be focused on the meetings of three central banks from G7.

XAUUSD

Gold prices are constrained within a fairly narrow range due to the backdrop of continuing uncertainty in trade relations between the United States and China.

WTI

The oil market partially recovered after the WTI and Brent quotes fell to 5-week lows. 

XAUUSD

During the Asian session on Thursday, the price of gold fell after the US and China signed an interim trade agreement.