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.

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: July 10


July, 10 2024
watermark Economic news

  • The Moscow Exchange is preparing to launch an insider trading index. This new index will help investors determine whether quotes are influenced by insider trading. Initially, the index will be applied only to the shares of the Moscow Exchange itself, but other issuers may agree to its use and publication. This tool is designed to increase market transparency.


  • The import of Chinese cars and spare parts to Russia may stop due to massive problems with payments. The industry notes that the problem has engulfed all participants and believes that this is the result of successful US efforts to suspend Chinese settlements.


  • American senators have proposed new sanctions against Russia. Republicans Dan Sullivan and Susan Collins proposed banning Russian fishermen from using the MSC International Fisheries Environmental Certificate, arguing that Russian products should not be labeled with a certificate reflecting compliance with international standards.


  • France is considering the introduction of a 90% tax on annual income over 400 thousand euros. The idea is promoted by the left-wing alliance New People's Front (NPF). According to the results of the elections, the NPF coalition won the largest number of seats in parliament – 178, but this is not enough for a majority, which makes it difficult to take such radical tax measures.


  • Donald Trump has invited Joe Biden to hold another debate this week, calling it an opportunity to «rehabilitate himself in front of the whole world.» Trump's conditions include the absence of moderators and the broadcast of the event on the YouTube channel of the conservative media company RSBN.

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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.