Fundamental analytics

XAUUSD

Gold closes the first trading day of the week in the red zone, under pressure from the dollar and moderately positive investor’s sentiment before the start of a new round of trade negotiations between the US and China.        

Before a new round of trade negotiations between the US and China, the White House decided to blacklist 28 Chinese companies.

Brent

Oil price shows moderate growth today. 

Tens of thousands of protesters again went to the streets of Hong Kong. 

Unexpectedly weak data on PMI of production and non-production sectors of the U.S. economy have made serious adjustments to the dynamics of the financial market.  

The publication of consumer price indices in the U.S. will be the main event of the coming week   

An agreement among European central banks to restrict the sales of gold was concluded in 1999. 

EURUSD

Weak US economic statistics support the upward movement of the EUR / USD pair. 

Gold maintains upward momentum against the backdrop of the publication of another batch of weak statistics from the United States and increased fears associated with a slowdown in global economic growth.  

According to The Times, the EU has given Boris Johnson a one-week deadline to finalize the new Brexit plan.