Analytical Reviews

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

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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.

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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.