Fundamental analytics

Equity markets remain in positive mood at the beginning of the week. 

Cryptocurrencies

Bitcoin price remains above $ 6600 after an upward momentum at the weekend. Today, the first crypto currency market has moved to low-active trading and switched to consolidation in a narrow range.

For global markets the new trading week begins with new introductory, which were outlined on Friday 6 July. 

On Friday, Asian markets were able to close in the green, but despite positive Friday close the week turned out to be strongly negative for the entire Asian region.

After a weekend in the middle of the week, US equity indices opened a new trading session positively, amid weakening risks of the global trade confrontation. 

Cryptocurrencies

The volume of the crypto currency market increased from 269 billion dollars on July 3 to 275 billion on July 5, shortly before the opening bell of American markets. 

European equity show growth for the third consecutive day, as strong Germany economic data contribute to the growth of both equities markets and support the European currency as well. 

Gold

Over the past two days, precious metal has been able to gain significantly, moving away from the minimum values ​​since mid-December 2017, but the problem for gold is that the correction was more technical in nature and was not due to fundamental reasons.

World stock indexes are growing on Tuesday, after a high volatile trading session on Monday. 

XAUUSD

After a slight correction at the end of last week, gold returned under pressure after setting a new local low from mid-December 2017.