Keep focusing U.S. and China official agreement

The United State and China trade negotiation was focusing last week. On Friday, Trump's chief economic advisor Larry Kudlow told reporters the negotiations "are going well." He said Trump "was probably more optimistic on the subject than I've seen him in this whole process." in the meeting on Thursday. This topic will be in focus till these biggest economy countries finalize any official agreement.
However, I think world market may trade mix on Monday as the trade tension is concerned. According to the trade tension, gold price rose on Friday and it may keep support gold price to stay higher than 1,300USD on Monday. However, U.S. dollar may hold steady supporting by U.S. bond yield. I suggest support line for EUR/USD at 1.1700 points and resistance at 1.1850 points. While British pond may keep moving flat and hold above 1.3400 dollar. Furthermore, Brent oil may hold above 78 dollar per barrel await OPEC meeting.
The cryptocurrency exchange Bitfinex recently sent some customers an email informing them that they are "required" to provide the digital marketplace with certain information by May 24. Bitfinex said that, in accordance with local law, it plans to share those data with the government of the British Virgin Islands, where the exchange is based. I think Thai web trades may do the same in the future.

By Niramon Nitnitiphruet
Financial analyst, Olymp Trade.

Olymp Trade Review