Fundamental analytics

XAUUSD

On Monday, gold finished trading with a slight decline, under pressure from the dollar.  

Brent

Crude oil market retains upward movement vector on the back of tensed situation around Iran and positive news concerning trade talks between USA and China.  

During the week of July 8-14, the market will focus on the minutes of the last FOMC and ECB meetings 

XAUUSD

On Thursday, there was a very restrained trading dynamics on the market.

Brent

Oil market on Tuesday was traded in the red despite a nine-month rollover of oil supply cuts.  

XAUUSD

Gold is once again trading near annual highs, amid a weaker dollar and rising demand for safer assets.  

No one is shocked by Donald Trump’s harsh statements about the “erroneous” and “catastrophic” monetary policy of the Fed.

Brent

Oil market has expressed surprisingly calm reaction on messages, that OPEC+ will extend production cuts agreement and USA and China will restart trade talks. And so far oil is being traded in the red mostly.  

GBPUSD

В понедельник британский фунт стерлингов, как и другие основные валюты, находится под сильным прессингом со стороны доллара, который активно укрепляется на новостях о возобновлении торговых переговоров между США и Китаем.

Brent

Brent and WTI crude grades are opening the week with growth due to double support from outcome of G20 summit and OPEC statements.