Financial Market News

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.

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Latest Economic News

The dollar is strengthening, the euro is falling: all attention is on the US labor market


October, 04 2024

The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support at 1.10. The dollar's recovery is driven by strong data on the US economy and labor market, as well as expectations of a slowdown in the Fed's rate cuts.On Thursday, the dollar index reached a six-week high, supported by indicators of the service sector and a positive picture on the labor market. The probability of a Fed rate cut by 50 bps in November fell to 32%, which led to a 1.5% strengthening... Read More

All News

Chinese companies are preparing to raise billions of dollars through offshore bonds


October, 04 2024

Chinese companies intend to raise up to $10-15 billion through offshore bonds this quarter.Such an... Read More

Oil completes the most successful week since February 2023


October, 04 2024

Oil prices on Friday showed the largest weekly increase in more than a year, helped by heightened... Read More

The main events by the morning: October 4


October, 04 2024

Diamond exports from Russia may decrease by 17%, reaching $3.19 billion. This is facilitated by a... Read More