Fundamental analytics

Financial markets continue to be shaky  

Main economic events of the trading week from 6 to 10 April  

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Friday trading shows a moderate decline by 0.5% from gold against the background of mixed dynamics of stock indices and strengthening dollar.  

WTI

Oil prices rose on Thursday after U.S. President Donald Trump said that Saudi Arabia and Russia could soon reach an agreement to end the price war, while Russian President Vladimir Putin called for a solution to stabilize the oil market.  

XAUUSD

Gold on Thursday is traded in different directions, keeping close to the opening level of the day.

WTI

After a slight correction, oil prices resumed their downward movement amid fears of an increasing imbalance between supply and demand in the oil market.

XAUUSD

On Wednesday morning gold is traded in the green zone, recovering from a strong decline in quotes the day before. 

WTI

The oil price is recovering on Tuesday amid the positive dynamics of stock indices.  

XAUUSD

During the Asian trading session, the gold price fell as stock indices recovered and demand for safe assets declined.  

WTI

On Monday, oil prices fell sharply amid rising concerns about the spread of the coronavirus pandemic.