Market updates and forecasts

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.

Latest Economic News

Gold prices fell to a 2-year low

September, 23 2022

According to trading data, gold prices have fallen to the lowest levels in more than two years. December gold futures on the New York Mercantile Exchange COMEX collapsed from the level of 1.682 to 1.648.60 per ounce. The last time gold was traded at such levels was in April 2020.Analysts note that the precious metal quotes are declining for the second week in a row after many central banks around the world raised interest rates to curb inflation.In particular, the US Federal Reserve, as well as ... Read More

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Goldman Sachs: S&P 500 growth target to drop to 3,600 by the end of the year

September, 23 2022

Investment bank Goldman Sachs lowered the target of the benchmark S&P 500 index at the end of... Read More

The European market is declining amid gloomy prospects

September, 23 2022

On Friday, the European stock market is showing a decline amid news of an increase in the discount... Read More

Oil prices decline, ending the week in the red

September, 23 2022

At the end of the week, oil is losing ground again, coming under pressure from fears of a recession... Read More

Experts: the «bearish» cryptocurrency market will continue under one condition

September, 22 2022

Analysts suggest that the «bearish» market in the cryptocurrency sector will continue if the main c... Read More

The Bank of England raised the rate by 50 basis points to 2.25%

September, 22 2022

Following the results of the September meeting, the Bank of England decided to raise the base... Read More