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The main events by the morning: May 6


May, 06 2024

Instant coffee prices may rise due to a sharp jump in prices for robusta coffee futures. Its value has reached its highest level in the last 45 years. In Vietnam, the world's largest producer of robusta, supply difficulties continue due to crop failures both last and this season.An increase in furniture imports to Russia led to a decrease in sales of domestic manufacturers. According to forecasts of industry associations, the volume of production may decrease by 19% by the end of 2024. A complet... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.