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.

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: June 19


June, 19 2024
watermark Economic news

  • The meeting between Putin and Kim Jong-un was fruitful. The North Korean leader said that relations between Russia and North Korea are entering a new era of prosperity. He stressed the role of Russia in maintaining global strategic stability and expressed support for the implementation of its own. Putin, in turn, expressed admiration for Pyongyang's transformation over the past 24 years and invited Kim to visit Moscow. The leaders also began drafting a document that will form the basis for future cooperation between the countries.


  • The US Congress predicts that by 2034 the country's public debt will exceed $50 trillion. The average annual growth of U.S. GDP in the period from 2029 to 2034 will be 1.8%. Meanwhile, in April, Russia reduced investments in US government securities to $46 million, of which $45 million is accounted for by long-term bonds.


  • The European Union may face a new wave of farmers' strikes. Despite the dissatisfaction of local workers in the agricultural sector, the EU increased purchases of Ukrainian grain, imports of which rose to 1.76 million tons in April after two months of decline. Purchases in Bulgaria increased especially noticeably – by 13 times, to 3.2 thousand tons, and in Poland – by three times, to 5.2 thousand tons.


  • The Swedish Parliament has approved the defense agreement with the United States (DCA). It involves providing the American side with access to 17 military facilities. 266 deputies voted for the adoption of the document, 37 deputies voted against it, 46 deputies were absent from the voting.


  • Trade between Russia and the European Union has fallen to a minimum since the beginning of 2000. In April, the trade turnover amounted to €5.6 billion, falling by 6% on a monthly basis. Supplies of Russian goods to the EU decreased by 17% on a monthly basis, to €2.7 billion, which was the lowest since June 1999. Russia mainly sold gas to European countries, although its supplies decreased by 5% to €1.15 billion. There were also sales of iron and steel (for €288.5 million), petroleum products (for €248 million). Sales of European goods to Russia, on the contrary, increased by 6% to €2.9 billion.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
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.