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.

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: October 21


October, 21 2024
watermark Economic news

  • Economists doubt the effectiveness of China's incentives. According to world experts, the measures announced by China to stimulate the economy are not enough to overcome deflation and achieve growth targets. As Bloomberg notes, growing credit risks and borrowing by companies to maintain stability also remain a serious problem.


  • Israel attacked a suburb of Beirut, hitting a financial structure linked to Hezbollah. According to Al Jazeera, at least 12 missiles were fired. The organization said its financial assets were not affected and threatened further escalation, saying, «An eye for an eye and a tooth for a tooth.»


  • ExxonMobil continues to sue Russia despite leaving the country. Since the beginning of the summer, the company has filed about 20 lawsuits in Russian courts for the illegal use of its brands such as Mobil 1 and Delvac. Exxon is trying to protect its rights and prevent the reissue of patents for Russian companies.


  • Trump said he threatened Putin to strike Moscow. The US presidential candidate from the Republican Party, Donald Trump, said that he threatened Vladimir Putin to hit Moscow if Russia «pursues Ukraine». It is not known when this conversation took place, and he did not provide other details.


  • WHO has recognized Egypt as a malaria-free country. The organization said in a statement that the certificate received was a significant achievement for the state after almost 100 years of efforts in the field of healthcare.



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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.