Fundamental analytics

Negotiations between the US and China last week again dispelled investors' expectations regarding the possibility of signing a trade agreement soon.

EURUSD

The EUR / USD pair is trading lower on Monday by more than 0.4%, reacting to the publication of weak statistics from Europe.  

Gold

Gold finished Friday trading with a fairly steady growth amid reports that the Chinese delegation left Washington earlier than planned. 

Next week it is worth paying attention to the publication of the US GDP data and the meeting of the Reserve Bank of New Zealand      

Sharp rise in oil prices and meetings of three leading world CBs were the focus of market attention this week    

Brent

Oil market continues declining after a substantial growth on Monday’s session opening. 

Following a two-day meeting of the FOMC, it was decided to reduce the interest rate by 0.25% to maintain high growth rates amid a slowdown in economic activity in the global economy.

EURUSD

The pair EUR / USD reacted quite calmly to the Fed's decision to lower the interest rate. 

XAUUSD

At Thursday's trading, the price of gold is gradually recovering after a sharp decline on the Fed's decision to soften monetary policy. 

Brent

Oil market locally is trending down amid reports that Saudi Arabia would quickly restore full production volume.