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

Iron ore at a 5-week low due to concerns about China


December, 27 2024

Iron ore prices fell to their lowest level in more than five weeks, dropping below $100 per tonne. The reason was weak data on industrial profits in China, which highlighted the vulnerability of the country's economy.Futures in Singapore dropped to $99 per tonne, showing a second consecutive weekly decline. In November, Chinese companies' industrial profits fell for the fourth month in a row, which is likely to lead to the sharpest annual decline since statistics began in 2000. However, the prof... Read More

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US stock indexes decline amid investors' withdrawal from risk


September, 01 2022

The main US stock indexes are noticeably declining on Thursday amid a reduction in investor... Read More

Oil prices ended August with a decline and continue to fall


September, 01 2022

Oil prices ended August in the red zone and continue to decline on the first day of... Read More

OPEC oil production in August reached the highest since April 2020


August, 31 2022

OPEC oil production in August increased to the highest since the beginning of the coronavirus... Read More

JPMorgan forecasts 11% market growth despite recession


August, 31 2022

Analysts at JPMorgan investment bank said that the US stock market could grow by 11% over the next... Read More

Inflation in the eurozone in August reached a record 9.1%


August, 31 2022

According to the Statistical Office of the European Union, consumer prices in the eurozone... Read More

Oil prices are recovering moderately after yesterday's fall


August, 30 2022

World oil prices are recovering weakly on Tuesday after falling below the level of $100 per barrel.... Read More

UK stock indexes fall on Tuesday


August, 30 2022

The British FTSE 100 index started the day with a decline, being under pressure from falling mining... Read More

The ECB called the optimal pace of rate hikes


August, 30 2022

Philip Lane, chief economist at the European Central Bank, said the ECB should raise rates at a... Read More

Goldman Sachs analysts expect a recession in the UK in the IV quarter


August, 29 2022

Analysts at Goldman Sachs Group Inc. expect the UK economy to enter recession by the end of 2022.... Read More

Powell's speech led to another drop in the crypto market


August, 29 2022

Friday's report by the head of the US Federal Reserve Jerome Powell provoked a decline in the... Read More

Forbes: world billionaires lost more than $70 billion after the speech of Fed Chairman


August, 29 2022

According to the Forbes Real-Time rating, the richest billionaires in the world lost more than $70... Read More

Powell's speech provoked the growth of the dollar


August, 29 2022

On Monday, the US dollar reached a 20-year high against major currency competitors after the speech... Read More

Economic Calendar | August 29 – September 2


August, 29 2022

Monday, August 29The week will start again with a completely empty macroeconomic calendar. However,... Read More

The energy crisis may entail billions of dollars of investment in LNG


August, 26 2022

Analysts note that the main feature of the current global energy crisis is the lack of investment... Read More

Macroeconomic events of the day | August 26


August, 26 2022

On Friday, all the attention of the markets is focused on the speech of the head of the US Federal... Read More

Iran can replace Russia in the European oil market


August, 25 2022

Iran's prospects of taking part of Russia's share in the oil market look increasingly realistic,... Read More

US GDP fall by 0.6% in the second quarter


August, 25 2022

According to updated data from the US Department of Commerce, the country's GDP in the second... Read More

The number of applications for unemployment benefits in the United States unexpectedly decreased


August, 25 2022

According to the weekly report of the US Department of Labor, the number of Americans who applied... Read More

Oil rose to $102 per barrel


August, 25 2022

The price of oil on Thursday remains stable after yesterday's rise to the level of $ 102 per... Read More

It will take Germany years to switch to Canadian gas


August, 24 2022

German Chancellor Olaf Scholz said that Germany intends to move away from Russian natural gas as... Read More

Oil reserves in the United States decreased by 3.3 million barrels


August, 24 2022

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

JPMorgan: inflation in the US will come to naught by itself


August, 24 2022

Analysts at JPMorgan investment bank believe that inflation will come to naught by itself as the... Read More

The UK has reduced imports from Russia to a historic low


August, 24 2022

According to the ONS, the statistical office of the United Kingdom, in June 2022, Britain imported... Read More

Business activity in the eurozone falls for the second month in a row


August, 23 2022

According to preliminary data from the research organization S&P Global, the composite... Read More

Oil prices collapsed amid progress in Iranian talks


August, 22 2022

Oil prices are falling at the beginning of a new trading week, the current Brent quote is $93.10... Read More

The Bundesbank considers a recession in Germany increasingly likely


August, 22 2022

According to the monthly report of the German central bank Bundesbank, a recession in the country... Read More

European gas prices soar as Russian pipe shutdown looms


August, 22 2022

The spot price of gas in Europe continued to rise after reports of new repairs on the Nord Stream... Read More

Economic calendar | 22 – 26 August


August, 22 2022

Monday, August 22At the end of last week, the US dollar strengthened sharply, due to which it... Read More

Bitcoin has dropped sharply below $22 thousand


August, 19 2022

On Friday, bitcoin fell to its lowest level in more than three weeks, dropping below $22 000 amid a... Read More

The consumer confidence index in Britain has fallen to a record low


August, 19 2022

The indicator of consumer confidence in the UK has fallen to its lowest level since 1974 amid... 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.