Fundamental analytics

Brent

Oil market is being traded short on the back of messages saying, that tropical storm “Barry”, which status was updated to hurricane for a short while, on Monday evening has left the Gulf of Mexico without causing any tangible damage to local oil production infrastructure. 

XAUUSD

All Monday, gold was trading in a very narrow price range, since there were no important economic and geopolitical news on the market that could have a strong influence on trading.      

EURUSD

The EUR / USD pair is trading near Monday's lows waiting for the publication of important economic data from Europe and the USA.  

Brent

Oil market opens new trading week in quite a calm manner. 

EURUSD

The EUR / USD pair ended the trading week with moderate growth, amid a global weakening of the dollar, after the Fed signals a possible easing of monetary policy in the coming months.

XAUUSD

Gold prices rose on Friday, finishing the trading week with an increase of almost 1%. 

Investors will be monitoring economic statistics from key regions of the world during the week of July 15-21  

FRS and ECB signal possible easing of monetary policy in the coming months

Brent

Oil market continues upward movement on the back of steep escalation of the conflict in the Strait of Hormuz, where Iranian military vehicles attempted to block one of the British tankers. 

XAUUSD

On Wednesday, gold ended its growth by more than 1%, amid a weakening dollar and lower yields on American treasuries, after the speech of Fed Chairman Jerome Powell in the US Congress.