Markets Stay Steady at the Beginning of the Week

Markets remain stable. The Australian dollar continues its growth before the release of the RBA protocol. Gold continues to strengthen against the background of the weakness of the US dollar and is trading around 1234.7.

The Eurozone consumer price index fell to 1.3% yoy. The results of the studies published by the Federal Reserve Bank of New York showed that the production index fell to +9.8 points in July.

China's GDP increased by 6.9% in the second quarter compared with the previous quarter. Economic activity continued to improve in June. The growth of industrial production in June accelerated to 7.6% year-on-year. Retail sales grew by 11% yoy in June.