Today is the one of the quietest days of the week. The most notable thing today is a series of speeches by the heads of several central banks: the head of the US Federal reserve, the head of the Bank of England, and Australia. The latter has already made and confirmed the plans of the RBA to reduce the rate next time, in order to stimulate the employment market.
In the middle of the day no news is expected, except for the publication of the index of industrial orders in Britain. In the second half of the day we expect reports on the real estate market in the United States. As for the sentiment in the markets as a whole, it improved somewhat today, after we learned about the softening of the US government's position regarding Huawei. The Chinese telecommunications giant will have a 3-month period to purchase goods in the United States. Gold fell sharply in price this week, amid lower tensions on the market - from $1,301 to $1,274.
Oil prices are kept at a high level due to rising tensions between Iran and the United States, positive signals from OPEC about plans to extend the agreement to reduce oil extraction, as well as the likelihood of disruptions in oil supplies from Libya due to the ongoing warfare.
