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 S&P 500 and Nasdaq indexes fell after a sudden rate hike by the Bank of Canada

June, 08 2023

The US stock indexes S&P 500 and Nasdaq Composite ended Wednesday's session in the red, as the market mood was negatively affected by the decision of the Central Bank of Canada to raise the rate.Yesterday, the Bank of Canada unexpectedly raised its key interest rate by 25 basis points (bp), to the highest since 2001 of 4.75% per annum. The Central Bank suspended the policy tightening cycle in January, and experts believed that it would not return to the rate hike in June. A day earlier, the ... Read More

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OECD: the UK expects the highest inflation among all G7 countries

June, 07 2023

According to an economic report published on Wednesday by the Organization for Economic Cooperation... Read More

Tesla shares are growing steadily

June, 07 2023

Shares of electric car manufacturer Tesla continue to show strong growth on the stock exchange. At... Read More

EIA: oil reserves in the United States unexpectedly decreased

June, 07 2023

According to the weekly report from the Energy Information Administration of the US Department of... Read More

American regulator tightens the screws in cryptosphere

June, 07 2023

The US Securities and Exchange Commission (SEC) on Tuesday sued the cryptocurrency platform... Read More