Fundamental analytics

On Tuesday, the dollar index is trading a decline as hopes of creating a COVID-19 vaccine negatively affect the dollar 's appeal as a sanctuary currency.

WTI

WTI crude oil price at the start of the trading week increased by more than $ 1.5 amid a decline in production and signs of an increase in energy demand due to a gradual weakening of quarantine measures in many countries of the world. 

XAUUSD

Gold starts the trading week with an increase of almost 1% against due to worsening relations between the US and China.

According to reports by the Sunday Times, the UK government is preparing a plan of action to implement the "hard" Brexit scenario.

Market volatility is decreasing, but the situation remains tense

In the coming week, the market will follow the news about Coronavirus spread and the leading macroeconomic indicators.

XAUUSD

Неоднозначные данные макроэкономической статистики из Китая и сохраняющаяся неопределенность вокруг перспектив развития глобальной экономики способствуют росту стоимости золота на пятничных торгах.  

According to the National Chinese Bureau of Statistics , industrial output rose by 3.9% in April, after a decline of 1.1% months earlier. 

WTI

Oil prices remain under pressure, despite the positive statistics from the United States. 

XAUUSD

The price of gold continues to rise amid concerns about the second wave of the COVID-19 pandemic and the gloomy forecast of the FRS head.