Fundamental analytics

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.

XAUUSD

On Friday, gold is gradually recovering after a sharp decline in trading prices on Thursday.   

Brent

Oil is being traded up today, Brent + 0,75%, WTI + 0,75% amid comments of China’s Ministry of Commerce stating that all earlier applied trade restrictions should be abolished before signing of interim trade agreement.