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.

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The main events by the morning: May 9


May, 09 2024
watermark Economic news

  • Biden said that the United States would not supply weapons to Israel if the Israeli army entered Rafah. In his interview with CNN, the American president noted that civilians were killed as a result of Israel's use of American weapons. 


  • The Bybit exchange has officially announced the listing of the Notcoin cryptocurrency – it will take place on May 16.


  • Russia is surging ahead on the world stage. Andrei Belousov, Assistant to the President of the Russian Federation for Economic Affairs, said that by 2030 Russia could surpass Japan in terms of GDP at purchasing power parity.


  • The initiative to remove Mike Johnson from the post of Speaker of the U.S. House of Representatives was blocked by the House of Representatives. Based on the results of the vote, 359 members of the Chamber voted against, and only 43 voted in favor. The initiative was proposed by Republican Marjorie Taylor Green.


  • Russian billionaires, who found themselves under the influence of Western sanctions, began gradually transferring their assets to their homeland. This is due to the fact that in Switzerland and Cyprus they have limited opportunities to manage their finances.

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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.