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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US Jobless Claims Surge After a Month, Signaling Job Growth


April, 21 2017

The latest US jobless claims data surged after almost four weeks, signal a consistent growth in... Read More

New Zealand Inflation Came in Strong in the First Quarter


April, 20 2017

The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter... Read More

March and June Fed Rate Hikes Possible, According to Economists


April, 20 2017

Several economists are speculating that the US Federal Reserve could possibly be in for two more... Read More

Sterling Skyrocketed while Stocks Crumbled


April, 19 2017

Sterling was in a spotlight during the Asian trading on Wednesday after Theresa May called for a... Read More

IMF Increases International Growth Outlook by 3.5%


April, 19 2017

The International Monetary Fund has recently increased its outlook for international growth by up... Read More

H-1B Applications Crash as Employers Prepare for Stricter Reforms


April, 18 2017

Tech employers are now applying for fewer H-1B visas for skilled workers this year as compared to... Read More

Pence Visits Japan to boost U.S. Trade Ties


April, 18 2017

The U.S. Vice President Mike Pence has arrived in Tokyo Japan to meet with Prime Minister Shinzo... Read More

Brazilian Stocks Sought-After by Investors as Economy Grew in February


April, 18 2017

After two consecutive years of recession, the Brazilian economy has been featuring signs of... Read More

Oil Rate Dropped After Failed Attempt in Korean Missile Test


April, 17 2017

Following the Easter holiday this weekend and the benchmark increased for three successive weeks,... Read More

Turkish Lira Surges as Erdogan Win Rekindles Market Rally


April, 17 2017

The Turkish lira surged in value as Recep Tayyip Erdogan came out victorious in the Turkish... Read More

Chinese Economy Accelerated as High as 6.9 percent


April, 17 2017

In the first quarter of this year, the Chinese economy performed in a faster pace as it showed some... Read More

BOJ Plans to Exit its QE policy


April, 12 2017

Raising inflation rates is part of Bank of Japan’s options to stop its Quantitative Easing program a... Read More

Bank of Canada to Maintain 0.5 Percent Benchmark Rate


April, 12 2017

The Canadian central bank will release on Wednesday the economic outlook of the country, however,... Read More

Trump Targets to Revamp Wall Street Reform Law


April, 12 2017

Trump administration intends to revise the Dodd-Frank Wall Street reform law and changes its rules... Read More

S. Korean Economy Showed Signs of Economic Improvement


April, 11 2017

As stated in the monthly economic assessment report of the government published on Tuesday, the... Read More

Fed Focus Shifts to Maintaining Growth Gains, Says Yellen


April, 11 2017

Fed Chair Janet Yellen has stated that the Federal Reserve will now be shifting its policy... Read More

U.K. Consumer Spending Sluggish Rate Amid Brexit


April, 10 2017

The U.K. consumer spending rose but in a sluggish manner that is considered to be the slowest in... Read More

Italy’s Morando Expressed Predictions on Brexit


April, 10 2017

The Deputy Finance Minister of Italy, Enrico Morando has declared a pragmatic assessment regarding... Read More

Barclays Plc CEO Under Investigation in Whistleblower Probe


April, 10 2017

Barclays CEO James Staley is now under investigation by US and London-based regulators following... Read More

Indian Economy to Accelerate by 7.4%, says ADB


April, 07 2017

The Indian economy is projected to increase by  7.4% amid the fiscal year 2017-2018 versus its... Read More

U.S. Unemployment Claims Fell to a Record Low in Almost Two Years


April, 07 2017

The number of applicants for U.S. unemployment benefits has declined to a record low in almost two... Read More

Asian Stocks Decline After US-led Airstrike on Syria


April, 07 2017

Asian stocks dropped after the US government led an airstrike against Syria as an apparent... Read More

Fed Might Delay Rate Hikes to Narrow Down Balance Sheet


April, 07 2017

Several Fed officials have already confirmed that the central bank will be starting to cut down... Read More

Australia Expected Returns Over $2B Under Tax Avoidance Legislation


April, 06 2017

The Australian Tax Office intends to pursue multinational companies over seven global business... Read More

Norwegian Airlines Announced Low-Cost Fare Flights


April, 06 2017

A low-cost transatlantic airline of Norway is about to launch, with a route from Denver... Read More

Europe’s Banking Lobby Raises Concerns in Financial stability over Brexit


April, 05 2017

If Brexit negotiations did not end well could affect the wholesale banking and financial stability... Read More

German Advisers Argued ECB Cashless Society


April, 05 2017

The economic experts of Germany have given their advice regarding the zero-interest rate policy of... Read More

Trump Clamps Down on Silicon Valley’s H-1B Visa Program


April, 05 2017

The Trump administration is now slowly but surely implementing Trump’s campaign proposal to clamp d... Read More

Brazil Trade Surplus Exceeded Expectations at $7.1B


April, 04 2017

The trade surplus for the month of March was recorded to reach $7.1 billion according to the... Read More

Denmark’s Thorning-Schmidt Lambasted Australia's Foreign Aid Budget


April, 04 2017

Former Prime Minister of Denmark and Chief Executive of Save the Children International, Helle... 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.