Fundamental analytics

XAUUSD

Gold trading is mixed today. 

This morning, the Australian dollar strengthened 0.3% against the US dollar.

WTI

Oil prices continue to move down. Investors react to the publication of weekly API data and reports of a possible increase in oil production in Russia.

XAUUSD

During Asian trading session gold moved to the green zone (+ 1.3%). 

Secretary of State Mike Pompeo said that the United States no longer considers Hong Kong a highly autonomous region from China.

WTI

Brent and WTI crude oil are both constrained in the red zone on Wednesday.

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.