Oil market opens Monday's trading session in the red.
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.
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%.
On Friday, gold is gradually recovering after a sharp decline in trading prices on Thursday.
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.