Stock market analytics, financial 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.

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The main events by the morning: September 24


September, 24 2024
watermark Economic news

  • China plans to boost the economy with the help of large-scale measures proposed by the Central Bank. The main focus is on supporting the crisis real estate sector: $5.3 trillion in mortgage subsidies will be provided and conditions for the purchase of a second home will be relaxed. Also, $113 billion of liquidity will be sent to the stock market, and reducing reserve requirements to 0.5% will allow banks to increase lending and stimulate economic growth.


  • A state of emergency has been introduced in Israel – yesterday the country launched a full-scale operation against Hezbollah in Lebanon. The death toll from Israeli strikes has risen to 492 people. According to the Lebanese Ministry of Health, 1,645 people were injured. 


  • Donald Trump once again used the topic of Ukraine to improve his ratings. In Pennsylvania, he said that the President of Ukraine, Vladimir Zelensky, supports the Democrats for the sake of continuing multibillion-dollar aid. Republicans, according to Trump, are in favor of peace talks and a diplomatic settlement of the conflict.


  • The US Federal Reserve is likely to continue to cut interest rates, easing pressure on the global economy. Several Fed officials noted that, despite the latest rate cut, it remains well above the neutral level of 2.9%. This means that in order to stimulate economic growth over the next 12 months, the regulator will gradually continue to reduce rates.


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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.