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: August 9


August, 09 2024
watermark Economic news

  • Russian banks began to raise interest rates on loans following the change in the key rate. According to data from credit institutions, consumer loan rates increased by an average of 2.2 percentage points in 9 of the 50 largest banks after the key rate was increased from 16% to 18%.


  • Iran intends to strike back at Israel, but is not yet ready for a full-scale war with Israel and the United States, according to the WSJ.


  • Israel has agreed to resume negotiations with Hamas. Qatar, Egypt and the United States have called on Israel and the Hamas group to resume negotiations on a ceasefire in the Gaza Strip and the release of Israeli hostages. The office of Israeli Prime Minister Benjamin Netanyahu announced that an Israeli delegation would go to truce talks on August 15.


  • The State Duma is considering the idea of creating a Ministry of housing and communal services. As part of the plan to modernize housing and communal services in Russia, the possibility of creating a separate department, possibly in the form of a ministry, is being discussed.


  • SpaceX has prepared the world's largest rocket for a new test launch. The Starship spacecraft with the Super Heavy launch vehicle, created for manned flights to the Moon, is ready to conduct the fifth test orbital flight, the developer company SpaceX has announced. The launch date has not yet been determined. It depends on the permission of the U.S. Federal Aviation Administration (FAA).

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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.