Oil quotes are now trying to reduce.Pressure on prices is exerted by expanding quarantine measures against coronavirus in China. Several areas in major Chinese cities have been blocked, which has caused investors to fear that demand for fuel from the country of its leading world importer will decrease. Meanwhile, the International Monetary Fund expects China's economic growth to slow to 3.2% this year after rising 8.1% earlier. However, a serious...
Gold prices show corrective growth at the end of the trading week, retreating from the local lows from November 3, updated the day before. Technical factors contribute to the positive dynamics in the instrument, while the news background changes insignificantly. Traders are awaiting today's publication of the November US labor market report, hoping that the US Fed will soon react to the supposedly strong data by tightening its rhetoric. Earlier t...