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

The first legal cryptocurrency has been launched in Europe

February, 03 2023

The Finnish company Membrane Finance has released a fully licensed stablecoin backed by the European single currency. The company is licensed by the Finnish Financial Supervision Authority (Fin-FSA) and claims that EUROe is «the first and only cryptocurrency regulated by the EU.»Earlier in June 2022, Circle Inc., based in the United States, also issued its own euro-backed stablecoin, but its EURO-Coin was initially stored in Silvergate Bank, an institution regulated by the United States. Ac... Read More

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S&P 500 and Nasdaq hit 5-month highs

February, 03 2023

The US stock indexes S&P 500 and Nasdaq Composite have reached their highest values in the last... Read More

Oil continues to fall at the end of the trading week

February, 03 2023

On Friday, oil quotes are declining, continuing the trend of the previous day and ending the second... Read More

The Bank of England raised the rate to 4%

February, 02 2023

At its first meeting this year, the Bank of England raised its benchmark interest rate by 50 basis... Read More