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British Defence Secretary Healy: Our armed forces have been deployed to track and contain any malicious activity by Russian vessels.On April 9, Russian Foreign Minister Sergey Lavrov told the media that contacts between Russia and the United States regarding the Ukraine issue are still proceeding informally and confidentially. Lavrov stated that the US had offered to act as a mediator, but is currently preoccupied with other matters, and "for a long time, there has been no clear prospect of resuming dialogue." He explained that because the US uses the same group of people on all foreign policy fronts, dialogue on the Ukraine issue has stalled to some extent.On April 9th, Citigroup analysts wrote in a report that U.S. luxury credit card spending increased year-over-year in March, driven by continued strong spending from wealthier consumers. Luxury brand credit card spending rose 7% last month, marking the third consecutive month of growth. Analysts noted that spending increased despite heightened geopolitical tensions and macroeconomic risks, leading to subdued consumer sentiment. They estimated that luxury watches and jewelry were the segments with the largest increases in spending. Swiss watch groups and EssilorLuxottica are among the European luxury stocks most affected by the U.S. market. Analysts stated that Hugo Boss and Burberry are the two companies least reliant on the U.S. market.Kremlin: Russia will take measures to defend its maritime interests.On April 9th, the Ministry of Industry and Information Technology held a symposium on science and technology-based SMEs in Haikou City, Hainan Province. The meeting emphasized the need to improve the policy support system for enterprises, addressing the challenges faced by science and technology-based SMEs such as weak demand, talent shortages, financing difficulties, and slow commercialization. It stressed the importance of proactively aligning with effective innovation measures, boldly exploring solutions tailored to local conditions, guiding the efficient flow of innovation elements to enterprises, and promoting the introduction of more support policies covering talent, finance, industry, and technology. The meeting also emphasized the need to create a favorable innovation and entrepreneurship ecosystem, vigorously promote the spirit of scientists and entrepreneurs, foster an atmosphere that encourages exploration and tolerates failure, support science and technology-based SMEs in carrying out technological innovation around major national needs and cutting-edge technologies, identify and publicize exemplary entrepreneurs who have excelled in technological innovation and industrial upgrading, and encourage more young talents to join the innovation and entrepreneurship wave.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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