years on the market

19.10. Fresh trading analysis: economic recovery in China, corporate reports in Europe

Monday, October 19th, today’s news—China's GDP grew 4.9% in Q3, less than the predicted 5.2%. This is weighing on the markets, oil and gold are down, but the overall trend is positive due to other factors: expectations of vaccine until the end of the year, stimulus hopes in the US, positive reports of European corporations. The price of Brent oil is $42.72, WTI—$40.94, EUR/USD is at 1.1762, GBP/USD—1.3012, gold is $1,915.35 per ounce.

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