Fundamental analytics

XAUUSD

Asian trading session on Wednesday ended with a 0.5% decline in gold price. 

In April, compared to the same period last year, the profits of China 's production companies decreased by 4.3%. 

WTI

Oil prices maintain positive dynamics due to reports on the implementation of OPEC + agreements and hopes for a further recovery in energy demand.

XAUUSD

Gold is still constrained in a fairly narrow range. 

According to the German publication Focus, the Germany Government is considering lifting restrictions on tourist travel to 31 countries in Europe. 

WTI

Oil prices remain in a positive territory, despite growing tensions between the US and China.   

XAUUSD

Gold moved to the red zone during the Asian session on Monday amid rising tensions between the US and China. 

Protests resumed in Hong Kong after the Chinese authorities announced a new national security bill designed specifically for the region.

Uncertainty grows on the market due to rising tensions between the US and China and the spread of the COVID-19 pandemic

The most significant economic events of the week from May 25 to May 31