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 oil market is at multi-month lows

December, 06 2023

Prices for benchmark oil brands collapsed on Wednesday, reaching multi-month lows: Brent crude fell to $75.30 per barrel, North American WTI crude fell to $70.13. The last time such values were recorded was in early July.The oil market continues to assess the consequences of the voluntary reduction of oil production by OPEC+ countries by 2.2 million barrels per day announced last week (in the first quarter of 2024).Moreover, Saudi Arabia has lowered the selling prices of Arab Light oil for Asia ... Read More

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The Central Bank of Australia expected to leave the rate at 4.35%

December, 05 2023

The Reserve Bank of Australia (RBA) has decided to keep the key interest rate at 4.35% per annum,... Read More

India's stock market achieves $4 trillion market capitalization

December, 04 2023

The year 2023 proved to be particularly successful for the Indian economy, thanks to a significant... Read More

The Turkish lira has collapsed to a new historical low

December, 04 2023

The Turkish lira hit a new historic low at the start of trading on Monday. The dollar exchange rate... Read More

Brent dropped below the level of $78 per barrel

December, 04 2023

On Monday, there is a significant decrease in oil prices. The current Brent quote is $78.25 per... Read More

Bloomberg: what is the reason for the Ā«roller coasterĀ» in the oil markets

December, 01 2023

Today, oil trading resembles a roller coaster, and trading bots are behind it, Bloomberg analysts... Read More