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

Russia has started using Bitcoin in foreign trade


December, 25 2024

Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in legislation aimed at circumventing Western sanctions.Economic restrictions have made it difficult to trade with key partners such as China and Turkey, as local banks avoid transactions with Russia for fear of sanctions. In response, Russia allowed the use of cryptocurrencies in international trade and took ste... Read More

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Bank of America has improved its forecast for global economic growth in 2023 to 2.5%


February, 07 2023

Bank of America analysts have improved the forecast of global economic growth in 2023 to 2.5%. The... Read More

Oil prices rise after the earthquakes in Turkey and Syria


February, 07 2023

On Tuesday, the price of oil is rising against the background of several factors at once. The asset... Read More

Economic Calendar | February 6 – 10


February, 06 2023

Monday, February 6 After a rather large-scale and rapid strengthening of the dollar at the end... Read More

Oil has stabilized after a sharp drop last week


February, 06 2023

At the end of last week, oil prices showed a sharp drop from the level of $84 per barrel to $79.70.... Read More

The first legal cryptocurrency has been launched in Europe


February, 03 2023

The Finnish company Membrane Finance has released a fully licensed stablecoin backed by the... Read More

S&P 500 and Nasdaq hit 5-month highs


February, 03 2023

The US stock indexes S&P 500 and Nasdaq Composite have reached their highest values in the last... Read More

Oil continues to fall at the end of the trading week


February, 03 2023

On Friday, oil quotes are declining, continuing the trend of the previous day and ending the second... Read More

The Bank of England raised the rate to 4%


February, 02 2023

At its first meeting this year, the Bank of England raised its benchmark interest rate by 50 basis... Read More

The ECB raises key interest rates by 50 bps


February, 02 2023

Following today's meeting, the European Central Bank raised all three key interest rates by 50... Read More

India dropped out of the top-5 markets in the world amid the collapse of Adani shares


February, 02 2023

The fall in the shares of the Indian industrial conglomerate Adani Group cost India a place in the... Read More

Experts predict an increase in ECB rates by 50 bps


February, 02 2023

Today, February 2, the first meeting of the European Central Bank in 2023 on the rate will be held.... Read More

Nasdaq showed the best dynamics in January since 2001


February, 02 2023

By the end of January, the NASDAQ Composite stock index, consisting of shares of high-tech... Read More

In January Pfizer lost $40 billion of capitalization


February, 02 2023

In January of this year, shares of the drug manufacturer Pfizer experienced the most impressive... Read More

Musk Intends to develop a Twitter payment system with crypto functions


January, 31 2023

At the end of January, it became known that the social network Twitter, headed by Elon Musk,... Read More

Global demand for gold in 2022 rose to the highest in 11 years


January, 31 2023

According to the annual report of the World Gold Council, global demand for gold in 2022 increased... Read More

The dollar index DXY finishes in the red for the fourth month in a row


January, 31 2023

On Tuesday, the dollar exchange rate is growing slightly in pairs with the euro and the pound and... Read More

Economic Calendar | January 30 – February 3


January, 30 2023

Monday, January 30The macroeconomic calendar at the beginning of the week is again almost... Read More

The main economic events of the day – January 30, 2023


January, 30 2023

At the end of last week, the dollar managed to finish trading in positive territory, and its DXY... Read More

Oil is getting cheaper in anticipation of the OPEC+ meeting


January, 30 2023

On Monday, world oil prices show a slight decline, and investors are waiting for the results of the... Read More

The European Commission called Germany the most affected country by the crisis


January, 30 2023

The European Commissioner for Economy, former Italian Prime Minister Paolo Gentiloni, believes that... Read More

The US dollar may have a serious competitor


January, 27 2023

Reflecting on the prospects of the US dollar on the world stage, some analysts suggest that soon... Read More

China ranked third in car deliveries in 2022


January, 27 2023

Auto shipments from China exceeded 2.5 million units in 2022, making the country the third largest... Read More

Central banks are buying gold at the fastest pace in half a century


January, 26 2023

According to a report by economists of the International Monetary Fund and the University of... Read More

The EU may impose a price limit on Russian diesel fuel


January, 26 2023

The European Union is considering the possibility of introducing a price limit on Russian diesel... Read More

The number of applications for unemployment benefits in the United States fell to the lowest since April


January, 26 2023

According to the US Department of Labor, the number of Americans who applied for unemployment... Read More

Tesla does not intend to sell its bitcoins


January, 26 2023

On Wednesday, electric car manufacturer Tesla presented a report for the fourth quarter of 2022.... Read More

Brent crude oil exceeded the level of $87 per barrel


January, 26 2023

On Thursday, the oil market shows steady growth: Brent quotes rose to the level of $87.50 per... Read More

Microsoft shares fell amid the release of a weak report


January, 25 2023

Microsoft shares jumped 5.26% to $254.79 in postmarket trading. However, then the dynamics changed,... Read More

Experts: The Bank of England will continue to raise rates amid high inflation


January, 24 2023

Market participants expect that the Bank of England will continue to raise the key interest rate... Read More

The pound is under pressure after the release of data on the British economy


January, 24 2023

On Tuesday, the pound sterling is declining after the release of economic statistics indicating a... 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.