Fundamental analytics

According to news agencies, Donald Trump will most likely decide to postpone the introduction of 25 percent duties on the European auto industry for another 6 months.

XAUUSD

The third day in a row gold completes trading in the red zone amid a significant decrease in the demand for protective assets. 

Brent

Oil market opens Monday's trading session in the red. 

EURUSD

The EUR / USD pair is timidly trying to recover at least part of the lost positions after a five-day decline. 

XAUUSD

Gold opens trading on Monday near previously set 3-month lows. 

On Sunday, Donald Trump confirmed the comments made earlier by his adviser Peter Navarro that the United States has no plans to abolish previously imposed trade duties on Chinese goods.

News on US and Chinese trade negotiations became the main driver of markets last week  

Next  week, the market will watch the international trade news and economic data from the US and China.      

This morning, the Reserve Bank of Australia presented a report on monetary policy in which it lowered its forecast for economic growth for 2020 from 2.75% to 2.5%.

EURUSD

The pair EUR / USD today is trading in a narrow range, in the region of yesterday’s 3-weeks low.