EUR/USD
1.07976
0.147%
Gold
2736.59
0.776%
Oil
71.451
0.729%
USD/JPY
151.908
-0.556%
GBP/USD
1.29771
0.442%
GBP/JPY
197.138
-0.115%
Real-time News
On October 24, according to TASS, the Russian State Duma has passed the draft federal budget for 2025 and the 2026-2027 planning period in the first reading. According to the document, federal budget revenue is expected to be 40.29 trillion rubles (430 billion US dollars) in 2025, 41 trillion rubles in 2026, and 43 trillion rubles in 2027. Federal budget expenditure is expected to be 41 trillion rubles in 2025, 44 trillion rubles in 2026, and 45 trillion rubles in 2027. The federal budget deficit is expected to reach 1.173 trillion rubles in 2025, 2.181 trillion rubles in 2026, and 2.761 trillion rubles in 2027. Russias GDP is expected to be 214 trillion rubles in 2025 (up 2.5%), 230 trillion rubles in 2026 (up 2.6%), and 248 trillion rubles in 2027 (up 2.8%). Inflation is expected to be 4.5% in 2025 and 4% in 2026 and 2027.On October 24, the China Passenger Car Association predicted that the narrow passenger car retail market in October will be around 2.2 million vehicles, an increase of 8.2% year-on-year and 4.3% month-on-month. New energy vehicle retail sales are expected to reach 1.15 million, a month-on-month increase of 2.4%, and a penetration rate of about 52.3%.Polish Prime Minister Tusk: During Polands term as the rotating presidency of the European Union, enlarging the European Union will be a key issue we focus on.October 24: The trading volume of building materials was 118,500 tons, an increase of 17.21% from the previous trading day. October 23: The trading volume of building materials was 101,100 tons, a decrease of 14.47% from the previous trading day. October 22: The trading volume of building materials was 118,200 tons, a decrease of 3.51% from the previous trading day. October 21: The trading volume of building materials was 122,500 tons, a decrease of 7.96% from the previous trading day. October 18: The trading volume of building materials was 133,100 tons, an increase of 52.64% from the previous trading day. October 17: The trading volume of building materials was 87,200 tons, a decrease of 15.83% from the previous trading day. Last weeks average: The trading volume of building materials was 111,700 tons.October 24, a survey released on Thursday showed that British manufacturing business confidence fell at the fastest rate in two years before the British Chancellor of the Exchequer Rachel Reeves announced her first budget next week. But factories reported that cost pressures have eased and the current rate of increase is the slowest in four years. CBI Chief Economist Ben Jones said he expected the downturn in manufacturing confidence to bottom out, and Reeves budget speech on October 30 was an opportunity to change the tone. Jones said: "Manufacturers will expect the chancellor to provide a confidence-boosting budget to support business and investment. Although possible tax increases remain a concern, companies believe that clarity on future tax plans and measures to improve productivity will help consolidate the long-term growth path."
