Oil rose after attack on oil facilities in Saudi Arabia
Protective assets fell on Friday due to a warming US-China relationship. Oil prices skyrocketed September 13 after an industrial site in Saudi Arabia suffered shelling. In this regard, the oil market opened high enough on Monday and the WTI brand is growing by more than 7%.
On September 16, Japan celebrates the Mid-Autumn Festival, because of this, low financial activity is expected in local markets.
05:00 (GMT+3) left the volume of industrial production in the annual perspective (August) in China. Industrial production fell 0.4% to 4.4%.
Oil. Oil became cheaper on Wednesday-Thursday but began to recover on Friday. On the morning of September 16, WTI crude oil is $55.2. Brent futures are trading near $60.4.
Gold. Shielding metal continues to grow on Monday. In the morning, the precious metal strengthens by 1% and trades at around $1,503.
Currency. September 18, Forex is awaiting the Fed’s decision on the interest rate, and traders are hoping for a monetary easing. On Monday, the DXY dollar index fell -0.1%. In the morning, DXY is 98.1 against a basket of major currencies.
On the morning of September 16, the dollar is getting cheaper by 0.2% against the yen. In the morning, the pair USD/JPY is trading at 107.8.
Euro (EUR) is falling on Monday. In the morning, the EUR/USD pair is trading near 1.1071.
The pound (GBP) is falling amid a statement by Prime Minister Doris Johnson that the UK will exit the EU on October 31 with or without a deal. On the morning of September 16, the GBP/USD pair falls by -0.3% and is trading around 1.2452.
Cryptocurrency. Bitcoin (BTC) is growing slightly on Monday and is trading at $10,306. In the morning, Ethereum (ETH) is up 2.5% and is trading near $194.2. Litecoin (LTC) strengthens by 1.9% on September 16 and is $71.5.
(Interval one day)
Important. This article does not contain calls to make transactions or trading recommendations. Traders are responsible for decisions made on their own. The judgments presented here are the personal opinions of the author.