Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact 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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Canada And Brazil Set to Increase Oil Production


May, 23 2017

The Organization of the Petroleum Exporting Countries together with its partners are about to... Read More

Debt Relief for Greece Still in Progress, No Deal Yet


May, 23 2017

Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Read More

Food Stamp Program in Peril from Trump’s Tax Cuts


May, 23 2017

The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Read More

Japan Exports Rallied for 5 Months


May, 22 2017

Exports from Japan notably increased for five consecutive months indicating a strong offshore... Read More

New Economic Development Project Proposed by Owasso City


May, 22 2017

During the council held in early May, the staffs of Owasso City made a project proposal for a new... Read More

Extended OPEC Output Cuts Raise Oil Prices


May, 19 2017

The extension of production output cut from big oil producing countries caused the oil prices to... Read More

U.S Labour Market Declined Despite Positive Economic Outlook


May, 19 2017

Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Read More

Congress Rift Might Dampen Trump’s NAFTA Dream


May, 19 2017

The Trump administration has already started the first part of its renegotiations with regards to... Read More

Surge in Exports Uphold First quarter growth in Malaysia


May, 18 2017

The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Read More

Another Hefty Increase on Australian Employment, says ABS


May, 18 2017

The Australian currency was able to enter again the positive grounds followed by an increase in... Read More

White House Mulls Adding Anti-Currency Manipulation Rules to NAFTA


May, 18 2017

The Trump administration has recently informed its senators that it is now considering enforcing... Read More

Australia's Record Low Wage Growth at 1.5%


May, 17 2017

The household debt climbed to an all-time high that affects spending and inflation that moved... Read More

New Fintech Rules will be Imposed by Brazilian Central Bank


May, 17 2017

Brazil’s central bank is interested in implementing regulations to the FinTech sector to provide s... Read More

US Industrial Production for April Increases by 1%


May, 17 2017

The April reading for the US industrial production data recorded a significant surge compared to... Read More

FTA Talks between Australia and Hong Kong


May, 16 2017

Talks between Australia and Hong kong are set to discuss the free trade agreement and negotiate... Read More

Portuguese Economy Accelerated in Q1


May, 16 2017

Aside from the victory of Portugal in the Eurovision Song Contest, its economy accelerated at its... Read More

IMF Says Germany Should Implement Spending Hike


May, 16 2017

The International Monetary Fund says that Germany should consider loosening up and boost its... Read More

Thailand’s Strong First Quarter GDP growth


May, 15 2017

The export data of Thailand for first quarter moved at its most rapid  “quarterly pace” in the ... Read More

April Retail Sales Data for US Increases by 0.4%


May, 15 2017

A highly positive retail sales data for the US economy has further reaffirmed speculations that... Read More

Economic Data of China Indicates Slow Growth


May, 15 2017

The economy of China further provided below-expected results of its economic indicators as the... Read More

Germany Economy Excelled in the First Quarter of the Year


May, 12 2017

For the first quarter of 2017, the German economy is performing well, pushed by construction... Read More

South Korea Facing Another Economic Challenge


May, 12 2017

In a data released by the United Nations Economic and Social Survey of Asia and the Pacific earlier... Read More

India’s Consumer Price Inflation Abates this April


May, 11 2017

India’s inflation rate narrowed down because of lower food prices for the month of April. However, t... Read More

Ireland’s Household Debt Has Fallen but Remains Fourth in the Most Indebted Nation in EU


May, 11 2017

The household debt of Ireland had collapsed for more than 20 times which appeared to be much apace... Read More

Draghi in Hot Water Following ECB Stimulus Hearing at The Hague


May, 11 2017

ECB’s Mario Draghi and Dutch lawmakers from The Hague are now in conflict following discussions on ... Read More

Demonetisation Slowed Down Indian Economy


May, 10 2017

The International Monetary Fund issued a regional forecast for India this month and predicted that... Read More

High Demand for Bitcoin Hit a Record High $1,760


May, 10 2017

The Bitcoin attained a record high on Tuesday because of an upsurge demand for crypto-assets and... Read More

FBI Chief Comey Sacked by Trump


May, 10 2017

President Trump has fired FBI Director James Comey yesterday in a sudden turn of events in the... Read More

Euro Fell Against the Dollar in the Post-French Election


May, 09 2017

The common European currency tumbled on Monday from its highs due to the triumph of centrist wing... Read More

White House Fiscal Policies, Fed Asset Shrink could Trigger Rate Surge


May, 09 2017

The US economy’s long-term interest rates could be in for an upward pressure in the long haul as t... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.