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

Oil is recovering despite the strengthening of the dollar


November, 14 2024

Oil markets showed moderate growth on Thursday, continuing the recovery trend that began the day before after reaching the lows of the end of October. Brent crude oil prices rose to $73.20 per barrel, and WTI futures added 0.56%, settling at $69.38.The strengthening of the dollar and concerns about an increase in oil supply have been putting pressure on prices in recent weeks. Experts also note that the dollar exchange rate has become a key factor determining the movement of oil prices in t... Read More

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Fast Progress of Singapore’s Economy Threatened by Trump’s Protectionism


February, 17 2017

Singapore’s economy advanced at a quicker rate in the past three months of 2016 which is more than e... Read More

BoE Propose Revisions for Interbank Lending Benchmark Rate


February, 16 2017

The Bank of England re-evaluated its proposal to revise the lending rate benchmark for interbank... Read More

Kazakhstan Mulls Over $6.5 bln to Support Banks


February, 16 2017

Kazakhstan intends to provide 2.1 trillion-tenge ($6.5 billion) worth of government budget in... Read More

USD Rallies after Hawkish Statements from Fed


February, 16 2017

The US dollar was able to reverse its losses and reach its highest value for this month as Fed... Read More

BOJ Ends its Massive Stimulus program and Raises Target Rate to 0.5 Percent


February, 15 2017

The central bank of Japan intends to end its massive stimulus program by slowing asset purchases... Read More

Italy's GDP Gained 0.2% Growth


February, 15 2017

The economy of Italy gained 0.2 percent growth during Q4 in 2016, this result was relatively lower... Read More

Dollar Slides Prior to Yellen Testimony, GBP Drops after Dismal Inflation Data


February, 15 2017

The USD lost its strength against other major currencies prior to the testimony of Fed chair Janet... Read More

Weaker UK Economy Predicted by European Commission


February, 14 2017

The European Commission (EC) projected that the British economy will have a large decline for the... Read More

Dollar, Stocks Drop as Michael Flynn Steps Down


February, 14 2017

Japanese stocks dropped and shifted the market’s focus from a global rally after US benchmarks r... Read More

Inflation in China Open Possibilities for Tighter Policies


February, 14 2017

Producer price inflation in China has reached figures higher than expected bringing the price close... Read More

Finance Minister Counters the Accusation Against ECB


February, 13 2017

The European Central has been accused of altering the Euro exchange rate and this is being negated... Read More

Copper, Equities Rally as JPY Slumps


February, 13 2017

Asian stocks rallied across the globe as investors anticipated the release of data which will... Read More

Steinmeier is Germany’s Next President


February, 13 2017

The newly-elected president of Germany is Frank-Walter Steinmeier, he’s known to be the country’s fo... Read More

India Kept Its Rates Unchanged For 2018


February, 10 2017

The Reserve Bank of India will maintain its interest rates until the second half in 2018 after it... Read More

Approval of Article 50 triggered Brexit Process


February, 10 2017

The Members of the British parliament approved the Article 50 which gives power to the government... Read More

USD Rallies as Market Anticipates Trump’s Tax Policies


February, 10 2017

The USD traded within its session highs following Trump’s statement that his administration will s... Read More

BOE’s Forbes Pushes for a Rate Increase


February, 09 2017

Bank of England external MPC member, Kristin Forbes have plans to push for an interest rate hike in... Read More

Treasuries Surge as Inflation Forecast Cools Down


February, 09 2017

Treasuries posted another set of gains for the fourth consecutive day as a decrease in the... Read More

Positive Reports Indicating Italy's Economic Recovery


February, 08 2017

Italy’s economy is performing well as it grew for the past three months signaling a stabilizing g... Read More

Australian Central Bank Sets Rates Steady


February, 08 2017

The central bank of Australia remained rates unchanged at 1.5 percent during its policy meeting on... Read More

Euro Falls from Grace as Elections Increase EU Exit Concerns


February, 08 2017

The EUR dropped for the second consecutive day as the impending national elections increased... Read More

Forex Reserves Fell less than $3T for the First Time Since 2011


February, 07 2017

The Exchange reserve fell up to $3 trillion for the first time in six years. It is smaller in... Read More

Indonesia Economy Rose to 5.02%


February, 07 2017

The Gross Domestic Product of Indonesia beefed up by 5.02 percent in 2016 versus 4.88 percent in... Read More

Asian Stocks Drop after JPY Haven Demand Surge


February, 07 2017

Asian equities experienced a decline following a JPY rally after the demand for the safe haven... Read More

Worst-performing Economy in the Eurozone - Italy


February, 07 2017

According to an analysis conducted in the euro zone, the economy of Italy has the worst condition... Read More

USD Falls for Sixth Consecutive Week as NFP Data Disappoints


February, 06 2017

The US dollar fell for the sixth consecutive week and has recorded its lowest drop since July 2016... Read More

EU Stocks Fall as Daimler, Deutsche Bank Earnings Decline


February, 03 2017

EU stocks dropped for the fourth consecutive time within a mere five-day period as the overall... Read More

Temer Passed Economic Reforms to Lift Brazil Economy


February, 03 2017

Brazil’s President Michel Temer stated his plans to generate an economic reform programme which c... Read More

More Targeted Rate Hike of China for Short-Term Lending Rates


February, 03 2017

    The People’s bank of China augmented its short-term interest rates as the e... Read More

Deustche bank Reported Improved Net loss for 2016


February, 02 2017

Deutsche Bank, an established German lender, reported a net loss of 1.9 Billion Euros equivalent to... Read More

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.