Trade developments, Brexit and Gold: The week in 60 seconds | FXTM | 22/10/2019

Trade developments, Brexit and Gold: The week in 60 seconds | FXTM | 22/10/2019


[Music] Hi folks it’s a relatively quiet start to another busy trading week financial for markets. The mood is going to be influenced by trade developments, US earnings and most importantly Brexit. Optimism is already in the air over the United States and China securing a trade deal when they meet in Chile. United kingdom investors are bracing for another showdown in Westminister as MPs prepare to vote for Boris Johnson’s withdraw agreement on Thursday European Central Bank of Governor Mario Draghi will hold his final meeting. We’re not expected anything as this meeting is seen as a farewell event. Looking at commodities, Gold still trades within a wide range but all eyes will be in a $1,500 psychological level. If risk aversion makes a return Gold could push above $1500 with $1515 the next key point of interest. My name is Lukman and this is your week at 60 seconds.

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