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 may collapse to $40 if OPEC cancels production cuts


November, 13 2024

Market experts fear that oil prices may drop significantly next year. The main reason for this scenario is the possible cancellation of OPEC+ current production restrictions.Some analysts, based on forecasts of relatively weak growth in oil demand, believe that the complete lifting of restrictions will lead to a sharp drop in prices, possibly up to $ 40 per barrel. This is more than 40% below current levels.Such a situation, according to experts, can provoke a price war between manufacturers, si... Read More

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The Central Bank of China reduces a number of rates as part of a large-scale economic stimulus program


September, 24 2024

The People's Bank of China has announced a package of measures to stimulate the economy. The head... Read More

The main events by the morning: September 24


September, 24 2024

China plans to boost the economy with the help of large-scale measures proposed by the Central... Read More

Why Bitcoin is growing: 5 reasons


September, 23 2024

Bitcoin is showing steady growth again: over the past week, its price has increased by 10%, and now... Read More

Markets doubt the effectiveness of the Fed's rate cut


September, 23 2024

Despite the fact that markets initially reacted positively to the Fed's rate cut aimed at... Read More

Hurricane, Fed and war: three factors affecting oil


September, 23 2024

Oil prices rose in Asian trading on Monday, influenced by several factors at once. Rising tensions... Read More

Gold updated the record in anticipation of fresh signals from the Fed


September, 23 2024

Gold prices have reached a new historical high in Asian markets due to the optimistic sentiment... Read More

The main events by the morning: September 23


September, 23 2024

The Social Democratic Party of Germany, under the leadership of Chancellor Olaf Scholz, won the... Read More

Oil is moderately declining at the end of the week


September, 20 2024

World oil prices were moderately declining on Friday morning amid continuing negative market... Read More

Bitcoin rose in price by 10% thanks to central banks


September, 20 2024

Bitcoin continues to grow steadily, strengthening for the fourth day in a row. Since the beginning... Read More

The consumer confidence index in the UK in September fell to the lowest in 6 months


September, 20 2024

The UK consumer confidence index in September 2024 fell to the lowest value in the last six months,... Read More

The main events by the morning: September 20


September, 20 2024

The trade turnover between Russia and the European Union showed growth for the first time since... Read More

Turkish banks refuse transactions with Russia and Belarus


September, 19 2024

Almost all banks seek to transfer these operations to one local institution — Emlak Katılım.This is ... Read More

Eurostat: the EU countries that are most dependent on imports of petroleum products


September, 19 2024

According to Eurostat, in the first half of this year, the Netherlands, Slovenia and Latvia were... Read More

Kiyosaki: Bitcoin, gold and silver will soar in price


September, 19 2024

Robert Kiyosaki, author of the book «Rich Dad, Poor Dad», predicts significant growth of bitcoin a... Read More

The Fed lowered the base rate by 50 basis points to 4.75-5%


September, 19 2024

The US Federal Reserve System has reduced the interest rate on federal loan funds (federal funds... Read More

The main events by the morning: September 19


September, 19 2024

The Fed lowered its key rate to 5% – the reduction was 0.5 percentage points. Job growth slowed d... Read More

Mergers and acquisitions: a new impetus for growth


September, 18 2024

After two years of decline, the mergers and acquisitions (M&A) market is preparing for growth.... Read More

Inflation in the eurozone has slowed to 2.2%


September, 18 2024

Inflation in the eurozone slowed to 2.2% in annual terms in August, according to the final report... Read More

Gold imports to India jumped to a record $10 billion in August


September, 18 2024

In August 2024, India imported gold worth $10.06 billion, which became a historical record,... Read More

Wall Street experts: the economy is more important than interest rates


September, 18 2024

On the eve of the US Federal Reserve meeting, where an interest rate cut is expected, leading Wall... Read More

The main events by the morning: September 18


September, 18 2024

Elon Musk was able to overcome blindness. Neuralink has released a revolutionary Blindsight device... Read More

Washington and Beijing discuss production control and trade relations


September, 17 2024

Senior American officials will travel to Beijing this week for talks with their Chinese... Read More

Oil growth is held back by concerns about weakening demand


September, 17 2024

Yesterday, Brent oil prices rose to $73.30 per barrel, supported by expectations of lower interest... Read More

Intel shares jumped by almost 15% on the news of the restructuring


September, 17 2024

Intel shares soared 8% after the end of the main session on Wall Street on Monday, gaining almost... Read More

The main events by the morning: September 17


September, 17 2024

Russia and China have started using cryptocurrencies to conduct trading operations. A number of... Read More

India: economic growth is possible up to 8%


September, 16 2024

The head of the Reserve Bank of India, Shaktikanta Das, expressed confidence in the country's... Read More

The Fed is preparing for a historic rate cut


September, 16 2024

In September, a significant event will take place at the meeting of the Federal Reserve System: for... Read More

EU is to extend sanctions against Russia


September, 16 2024

The European Union is considering various options for extending the sanctions regime against... Read More

The main events by the morning: September 16


September, 16 2024

Another assassination attempt was made on Trump. The ex-president was not injured. Two months ago,... Read More

«Green» stocks will benefit from the Fed rate cut


September, 06 2024

According to Citi Research, the clean energy sector disappointed many investors after easy access... 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.
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.