Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The main events by the morning: April 18


April, 18 2024
watermark Economic news

  • The yuan is gradually increasing its influence in world trade. In March, its share in global payments via SWIFT reached a historic high of 4.69%. At the same time, the relative volumes of the largest currencies move in different directions: the share of the euro decreased from 23.25% to 21.93%, and the share of the dollar increased from 46.56% to 47.37%.


  • France has become the leader among European countries in purchasing Russian gas. In February, the French purchased LNG in Russia for 322 million euros, while Hungary, which was the leader in the previous two months, bought gas for 210 million euros. Total purchases of Russian gas in the last month of winter amounted to 1.1 billion euros, of which LNG accounted for 619.4 million euros.


  • The European Union has announced sanctions against Iran in response to its attack on Israel. After the United States, EU leaders at a summit in Brussels announced the expansion of sanctions against Iran, mainly aimed at limiting the production of drones and missiles. The head of the European Parliament also called for the inclusion of the Iranian Islamic Revolutionary Guard Corps in the list of terrorist organizations.


  • Donald Trump met with Polish President Andrzej Duda at Trump Tower in New York. According to Polish media, Duda has long sought this meeting and may be hoping for Donald Trump's return to the presidency this year. Nevertheless, the Polish president treats Trump less kindly than Biden, due to serious differences in political views on Russia and Ukraine.


  • Wildberries will start selling cars on April 18. Chery brand cars will be the first to go on sale. At the initial stage, the new category will be available to users from 17 Russian regions.

Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.