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

Kuwait will spend more than $30 billion to increase oil production


November, 21 2024

Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Read More

All News

PBOC Released $60.2 B to Trigger Liquidity in February


March, 01 2017

The Central bank of China funded 413.85 billion yuan equivalent to 60.2 billion U.S. dollar in... Read More

Nigerian Economy Declined After 25 years


March, 01 2017

After 25 years the economy of Nigeria experienced an annual decline in its economic output as the... Read More

Investors Shift Focus from Trump Statement to Fed Movements


March, 01 2017

Investors are now shifting their focus from Donald Trump’s Congress address to the timing of the F... Read More

Steady Economic Growth of Australia as Exports Rises


February, 28 2017

The Australian economy is assumed to have recovered after a surge in demand for exports and... Read More

Consumer Confidence of the Eurozone Plummeted


February, 28 2017

The consumer confidence of UK for this month declined while the British currency weakened. The... Read More

Wilbur Ross Steps Up as Trump’s Commerce Secretary


February, 28 2017

The US Senate has already confirmed the appointment of billionaire Wilbur Ross as US Commerce... Read More

Expected Shift in Crude Futures as Much as $2B Will Put an End to Oil Glut


February, 27 2017

In the upcoming week, the passive investment funds are expected to rise to $2 billion from... Read More

Macri’s Reforms Showed Signs for Economic Resurgence in Argentina


February, 27 2017

The economy of Argentina beefed up by 1.6% during the month of December compared with last month... Read More

DJIA Records 10th Consecutive High as Dollar Falls


February, 24 2017

The Dow Jones Industrial Average Index (DJIA) has recently recorded another all-time high for the... Read More

Growth of Indian Economy Slipped


February, 24 2017

The economy of India is projected to fell nearly three-year low for the last three months of the... Read More

U.S. Dollar Dropped Against a Basket of Currencies Amid Political Rift


February, 24 2017

The greenback declined versus other major currencies on Thursday because of the absence of... Read More

Fed Officials Not Too Eager on Implementing Rate Hike in March


February, 23 2017

Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this... Read More

Decline in Australia’s Business Investments


February, 23 2017

Business investments in Australia dropped for the fourth straight quarter as miners lessened while... Read More

Venezuelan Food Expenses Affected by the Economic Crisis


February, 23 2017

A couple of years later the negative growth in the economy of Venezuela continues which brought... Read More

China’s High Budget Surplus Gives Positive Outlook for the Year


February, 22 2017

Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... Read More

Singapore-Britain Deeper Collaboration


February, 22 2017

The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... Read More

Hong Kong Ex-Chair Tsang Charged with Misconduct, Faces 20-Month Jail Sentence


February, 22 2017

Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... Read More

Brazil Eased Inflation Rate Less than 5 percent in February


February, 21 2017

Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... Read More

UK Policymakers Clamor for Added Transparency in Offshore Territories


February, 21 2017

Policymakers in the UK are pressuring UK PM Theresa May to increase transparency with regards to... Read More

U.S Gasoline Supply Piled Up


February, 21 2017

Crude oil prices stayed in the holding pattern as it awaits for a much clearer data regarding the... Read More

Investors Attracted to Stable Returns of Emerging Markets


February, 20 2017

Emergings markets are attracting more investors to invest in infrastructures hoping for higher... Read More

Greece Fears Economic Collapse amid Debt Crisis


February, 20 2017

Greek people have withdrawn money from their accounts which exceed to £2billion as they fear the ... Read More

EU Stocks Slide, Ends 19-Month Rally


February, 20 2017

European stocks finally ended its rallying streak and dropped significantly for the first time in... Read More

Thai Economy Records Slowest Annual Growth as Consumption Wanes


February, 20 2017

Thailand’s economy recorded its slowest growth rate in over a year during the previous quarter as t... Read More

Alcohol and Tobacco Expenditures Fell in UK


February, 17 2017

Based on the Family Spending Survey led by the Office for National Statistics (ONS), the households... Read More

Fast Progress of Singapore’s Economy Threatened by Trump’s Protectionism


February, 17 2017

Singapore’s economy advanced at a quicker rate in the past three months of 2016 which is more than e... Read More

BoE Propose Revisions for Interbank Lending Benchmark Rate


February, 16 2017

The Bank of England re-evaluated its proposal to revise the lending rate benchmark for interbank... Read More

Kazakhstan Mulls Over $6.5 bln to Support Banks


February, 16 2017

Kazakhstan intends to provide 2.1 trillion-tenge ($6.5 billion) worth of government budget in... Read More

USD Rallies after Hawkish Statements from Fed


February, 16 2017

The US dollar was able to reverse its losses and reach its highest value for this month as Fed... Read More

BOJ Ends its Massive Stimulus program and Raises Target Rate to 0.5 Percent


February, 15 2017

The central bank of Japan intends to end its massive stimulus program by slowing asset purchases... 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.