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: September 23


September, 23 2024
watermark Economic news

  • The Social Democratic Party of Germany, under the leadership of Chancellor Olaf Scholz, won the elections to the regional parliament of Brandenburg, gaining 30.89% of the vote. The second place was taken by Alternative for Germany with 29.23%. The third was the Sarah Wagenknecht Union, which received 13.48%, and the fourth was the CDU with 12.1%.


  • Dry weather in the south of Russia may lead to a decrease in the corn harvest by almost 30% compared to last year, which will be the weakest result in six years. This could particularly hit starch producers, who are likely to seek lower export supplies.


  • French President Emmanuel Macron has called on European countries to reconsider relations with Russia. During an international conference in Paris, Macron stressed the need to rethink ties with Russia in order to build a future world order with the participation of all key players.


  • The Bank of Russia is not ready to let Russian management companies enter friendly foreign markets. The regulator is afraid of blocking assets even in neutral countries, which is why it has set strict conditions for working abroad. Discussions on this issue have been going on for several months, but no solution has yet been found to protect the assets of Russian criminal companies abroad.


  • Qualcomm can completely absorb Intel. According to the source, Qualcomm offered the «blue giant» a deal worth about $87 billion. Negotiations have not been completed yet, but a deal is likely to be concluded. Previously, it was only a partial purchase of Intel's PC division, which faced financial problems, technological difficulties and loss of market share.

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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.