The EUR / USD pair maintains a horizontal vector of movement over the medium term, and has reacted poorly to the publication of FOMC protocols, which have somewhat reduced investors' expectations regarding a further reduction in interest rates in the USA.
Gold is trading lower after the publication of the minutes of the last FOMC meeting.
On Wednesday’s trading session oil retains upward movement vector after release of positive statistics from API.
After a small correction on Tuesday, today the EUR / USD currency pair resumed its downward movement.
Gold finished trading on Tuesday with moderate growth due to lower stock indices and increased demand for safe assets.
Oil market retains upward vector on the back of careful optimism of investors regarding prospects of mending trade relations between USA and China.
Oil market opens new trading week in the green reacting on situation in stock markets and messages saying, that Gibraltar court has ordered to release Iranian oil tanker Grace 1.
Financial markets remain under pressure as global economic development prospects deteriorate
The situation in the world economy and the annual symposium in Jackson Hole will be in the spotlight of financial markets during the week of August 19-25
Oil market plunged yesterday along with stock markets and other dicey assets after publishing of weak economic data from USA and Germany, which enhanced concerns about prospects of global economy development.
