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: October 9


October, 09 2024
watermark Economic news

  • «Russian Post» has launched a money transfer service to Turkey. The money will be available in Turkish banks in 25 cities of the country. The maximum amount of a single transfer is up to 300 thousand rubles, while no commission is charged for the sender. «Russian Post» also provides the opportunity to transfer funds in dollars, but warns about possible commissions from Turkish banks.


  • The governor of Florida called on 5.5 million residents to evacuate ahead of Hurricane Milton. This could be the largest evacuation in the state's history. According to Ron Desantis, President Biden supported all initiatives of the Florida authorities to prepare for the hurricane. Milton is the most powerful hurricane in the Gulf of Mexico in the last 20 years.


  • Kamala Harris spoke harshly about Putin, criticizing Trump. The reason was fragments from Bob Woodward's book «Wars», which claimed that Trump secretly sent COVID-19 tests to Russia during the pandemic. Harris called Putin a «murderous dictator,» which caused outrage at the Russian embassy in Washington, which considered the statement unacceptable.


  • The world is facing a shortage of coffee caused by adverse weather conditions. This can lead to a significant reduction in supply. According to representatives of the Milfoods company, consumers around the world, including Russia, may face changes in the assortment and higher prices for coffee beans.


  • Turkey, following Russia, blocked Discord. According to the country's justice minister, the platform was used to distribute prohibited information containing «sexual abuse of children and obscene content.»

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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.