Fundamental analytics

The head of a Japan Bank Haruhiko Kuroda announced today that despite economic problems caused by the coronavirus pandemic, the regulator has not changed inflation targets and will still aim to reach the 2% mark.

WTI

Oil market is slightly lower on Wednesday amid growing fears associated with the onset of the second wave of the coronavirus pandemic and the publication of disappointing API data on the dynamics of US oil reserves.    

XAUUSD

Gold is still constrained in a fairly narrow range, remaining above the $ 1,700 mark. 

The conflict between official Beijing and Washington is growing.

WTI

On Tuesday, the oil market is constrained in a fairly narrow range. 

XAUUSD

Gold restores lost positions due to growing fears about the start of the second wave of the COVID-19 pandemic.

In April, China 's producer price index has fell by 3.1% by the reason of extreamly sharp fall in domestic and external demand. 

WTI

Oil market starts the trading week in the red zone. 

Gold

Gold is constrained above $ 1,700. 

The situation on financial markets remains difficult. Macroeconomic statistics show a record decline in economic activity in key regions of the world.