Stock market analytics, financial 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: November 7


November, 07 2024
watermark Economic news

  • The world community continues to «digest» the results of the US presidential election. The head of the Bank of France noted that the election of a Republican candidate increases the risks to the global economy, suggesting possible protectionist measures by the new administration. Politico reports that the Biden administration is already preparing for the likely suspension of military assistance to Ukraine if Trump becomes president.


  • Xi Jinping sent a congratulatory telegram to Donald Trump, confirming China's recognition of his victory. China Central Television announced that the Chinese leader joined in the congratulations, and earlier the Chinese Foreign Ministry also congratulated Trump and said that China respects the choice of the American people.


  • Kamala Harris, the vice president of the United States, nevertheless spoke to supporters, admitting defeat. She stressed the need for a peaceful transfer of power and expressed hope for the continuation of the struggle for the «future and values of America» in the legal field. At the end of the speech, Harris called on supporters to accept the election results and earlier also congratulated Trump.


  • Germany is facing a political crisis. According to the Welt newspaper, on January 15, Chancellor Scholz will put the issue of trust in the government to a vote. Earlier, he dismissed the finance minister, who refused to increase aid to Ukraine, which led to the resignation of three more ministers from the Free Democratic Party from the government, which jeopardized the stability of the ruling coalition in Germany.


  • The State Duma will consider a bill banning the sale and lease of property in Russia for citizens who speak negatively about the country after leaving. According to Speaker Vyacheslav Volodin, the measure is aimed at preventing the enrichment of such persons at the expense of assets in Russia. A special payment procedure is also planned for foreign agents, providing for the transfer of funds only to ruble accounts in the country.

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
defer(function(){ $("#cookies_modal").modal('show'); setCookie('fm_cookies', 'agree'); $(document).on('click', ".fm_cookies", function () { $("#cookies_modal").modal('hide'); setCookie('fm_cookies', 'agree'); }); }); function setCookie(key, value) { var expires = new Date(); expires.setTime(expires.getTime() + (10 * 365 * 1 * 24 * 60 * 60 * 1000)); document.cookie = key + '=' + value + ';expires=' + expires.toUTCString(); }
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.