Trump talks with Putin on phone to discuss global oil supply
US President Trump and Russian President Putin held a telephone conversation yesterday (30th). The Russian side said that the two exchanged views on the oil market and agreed that officials of the energy departments of the two countries continue to discuss related issues, but did not disclose details. Russia has signaled earlier that it hopes that more countries will participate in balancing the global oil supply. The US side pointed out that the two agree on the importance of stabilizing the energy market. Although the United States intervenes in the mediation of price wars among oil-producing countries, the support for international oil prices is not strong, mainly due to market concerns that the spread of the new coronavirus epidemic will further suppress demand for crude oil.
Gold long-term direction is supported
On Monday, the United States extended the time for the implementation of the restrictive measures. Gold rose slightly, but due to the strengthening of the US dollar and the rise of US stocks, gold subsequently withdrew its gains. However, in recent trading days, fund managers have slightly increased their net long gold positions, while the poor performance of US and European economic data also supported gold prices. However, it should be noted that as the Russian Central Bank announced that it will temporarily suspend gold purchases, and recently due to the interruption of the gold supply chain, some central banks may sell some of their gold, which may put pressure on gold in a short time.
————————————
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
场外式黄金/白银交易由 Max Online 提供。 场外式黄金/白银交易涉及高度风险，未必适合所有投资者。 高度的杠杆可为阁下带来负面或正面的影响。 场外式黄金/白银并非受证券及期货事务监察委员会（「证监会」）监管，因此买卖场外式黄金/白银将不会受到证监会所颁布的规则或规例所约束，包括（但不限于）客户 款项规则。 阁下在决定买卖场外式黄金/白银之前应审慎考虑自己的投资目标、交易经验以及风险接受程度。 可能出现的情况包括蒙受部分或全部初始投资额的损失，或在极端情况下（例如相关市场跳空）产生更多的损失。 因此，阁下不应将无法承受损失的资金用于投资。 投资应知悉买卖场外式黄金/白银有关的一切风险，如有需要，请向独立财务顾问寻求意见。