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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Growth in Australian Economic Figures Breaks World Record


June, 07 2017

As shown in the official figures, the Australian economy expanded by 0.3 percent in Q1 and gained... Read More

Top Security Officials to Testify on Comey-Russia Probe


June, 07 2017

Several high-ranking officials of the US National Security Council will be testifying before a... Read More

Service Sector of United States Slowdown in May


June, 06 2017

Services sector activity of the United States softened last month due to downswing in factory... Read More

Slow Growth of Scottish Economy, EY reports


June, 06 2017

Based on the forecast of the EY Scottish item club that the GDP growth will be weak falling below... Read More

World Bank Predicts Seven-Year High for 2018 Global Economic Growth


June, 06 2017

In a statement made last Sunday, the World Bank predicted that a possible correction in trade... Read More

Indian Economy Boost by 7.2 percent, World Bank Says


June, 05 2017

Apparently, India was able to recover from the negative effects brought by the demonetization as... Read More

South Korea Began Stimulus Fiscal package of $10 billion for Job Sector


June, 05 2017

South Korea will release a stimulus package worth 11.2 trillion won equivalent to $10 billion U.S.... Read More

US Jobless Rate Drops to 4.3% as Hiring Declines


June, 05 2017

US unemployment rates fell to its lowest levels reached within a 16-year period last May/ Market... Read More

Japan Economy Grew by 0.6 Percent Due to Capital Spending


June, 02 2017

The Japanese economy is seen to grow at a faster rate than expected in the first quarter which was... Read More

Positive Economic Growth of Finland in Q1


June, 02 2017

As shown in the advance data of the Statistics Finland, the Finnish economy was able to increase by... Read More

Next Inflation is in Check According to Fed


June, 01 2017

The U.S. economy grows at a steady but slow rate in the second quarter of the year based on the... Read More

India’s Economic Growth Lose Steam due to Notes Ban in November


June, 01 2017

The economy of the seventh-largest country in the world experienced a steep decline in the first... Read More

Climate Agreement Cancellation Next on Trump’s to-do List


June, 01 2017

US President Donald Trump is currently leaning towards the complete cancellation of the role of... Read More

Vietnamese Prime Minister to Sign Deal Worth $17B with America


May, 31 2017

A trade deal between the United States and Vietnam worth $15 billion of goods and services will be... Read More

Manufacturing Activity of China Kept Unchanged in May


May, 31 2017

Based on the data issued on Wednesday, the growth in the manufacturing activity of China was... Read More

US Budget Concerns Casts Doubt on Fed Plans


May, 31 2017

The US Federal Reserve is more than ready to raise its interest rates this coming June, but the... Read More

Asian Markets Weakened as it Traded Sideways


May, 30 2017

The stock markets of Asia were unsteady on Tuesday since investors hovered in the sideline prior... Read More

Germany Negotiate Wages Increased by 2.8 Percent


May, 30 2017

The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Read More

EU in Need of Additional ECB Stimulus, Says Draghi


May, 30 2017

ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Read More

Fast track Economic Recovery of India in the First Quarter


May, 29 2017

The economy of India is considered as the fastest developing major economy globally in the previous... Read More

G-7 Summit Pushes Through Amid Trade and Climate Concerns


May, 29 2017

Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Read More

Drop in Oil prices Discontented Investors in its Low Figure


May, 26 2017

Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Read More

Reserve Bank of South Africa Left Rates on Hold


May, 26 2017

The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Read More

Trump Calls for Investigation Following Manchester Leaks


May, 26 2017

US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Read More

NZ’s Budget Surplus Apportioned to Infrastructures


May, 25 2017

New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Read More

China’s Debt-rating Downgraded by Moody’s to A1 from Aa3


May, 25 2017

The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Read More

FOMC Minutes Signal Interest Rate Hike Next Month


May, 25 2017

Fed officials are now more than ready to raise its short-term interest rates after stating in... Read More

Trump Proposed 45 Percent Cut in Mexico Aid from U.S. Spending


May, 24 2017

On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Read More

U.S. Business Activity had a Slight Recovery, according to Markit


May, 24 2017

Two surveys conducted by American businesses this month and showed that the US economy continued to... Read More

UK Economy Faces Fastest Inflation Growth in 4 Years


May, 24 2017

British people could possibly face a period of living squeeze as the UK consumer prices are now... 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.