Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

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The main events by the morning: June 14


June, 14 2024
watermark Economic news

  • The G7 countries have reached a political agreement on Russian assets. This agreement concerns the use of only percentages of assets, and not their confiscation. The proceeds from the frozen assets of the Central Bank of Russia, estimated at $20 billion, will be used to secure a loan for Ukraine.


  • The Bank of Russia cancels morning trading on the Moscow Stock Exchange. The Central Bank announced its decision to cancel morning trading sessions on the foreign exchange market, the precious metals market and the futures market of the Moscow Stock Exchange. From June 14, 2024, auctions will not be held until 9:50 Moscow time. The decision will be valid until further notice.


  • Yemeni Houthis attacked a Ukrainian ship in the Gulf of Aden. According to the Central Command of the US Armed Forces, the Iranian-backed Yemeni Houthis launched two missiles, hitting the Ukrainian commercial vessel Verbena in the Gulf of Aden. A ship operated by a Polish company caught fire and one sailor was injured.


  • Thailand has notified Russia of its intention to join the BRICS. The country's foreign minister said that Thailand, as an intermediary between different groups of countries, «could enhance the inclusiveness and interconnectedness of the BRICS,» as well as increase the effectiveness of the BRICS in promoting the interests of developing countries.


  • Ukraine has signed the first contract in history for the supply of American LNG. It should replace Russian gas. According to the terms, the largest private electricity producer in Ukraine, DTEK, will begin to purchase LNG in an unspecified amount from Venture Global. The contract may last until 2026.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.