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: July 4


July, 04 2024
watermark Economic news

  • Tucker Carlson arranged an interview with Zelensky. An American conservative journalist reported this on the social network «X», stressing that his team had been working on organizing this meeting for two years. «The goal is to provide Americans with important information about a conflict that is fundamentally changing their country's position in the world», Tucker said.


  • Oleg Deripaska predicts that Russia will create a «dream economy» within 12 years. According to the businessman, in order to achieve this goal, it is necessary to preserve managerial resources and private business, «not to let it weaken at this time and take advantage of the accumulated experience.» At yesterday's Central Bank financial congress, he stressed that the debt and bond markets are one of the key advantages of the Russian economy.


  • Biden is not going to refuse to participate in the elections. According to Politico, the US president assured his fellow Democrats: «I am participating... No one is kicking me out, I am not leaving, I will fight to the end, and we will win.» Democratic governors fully support their candidate, despite the failed debate.


  • The Central Bank of Russia plans to restore the inflation target of 4% by mid-2025. The regulator believes that this goal can be achieved either in the summer or in the second half of 2025.  At the meeting of the Board of Directors of the Bank of Russia on July 26, the issue of raising the key rate to 17% or even to 18% will be considered.  


  • From July 4, the EU has been imposing temporary preliminary duties on imports of electric vehicles from China. The EU and the US continue to take measures to protect their manufacturers from competition with Chinese brands. Earlier, China said that in response to such duties, it could impose retaliatory charges on the supply of cars with powerful engines.

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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.