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

Bitcoin fell by 4% due to a technical failure of TradingView


December, 26 2024

On Thursday, bitcoin experienced a sharp decline of 4% due to a technical glitch on the popular TradingView platform. The glitch occurred on the bitcoin dominance chart, where bitcoin's share of the total cryptocurrency market suddenly dropped to 0%. As a result, the BTC exchange rate collapsed from the area of $99700 to $95100.This anomaly, which was quickly corrected, presumably caused a sharp trading reaction that led to a drop in the bitcoin exchange rate. Traders were surprised by this reac... Read More

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Inflation in Germany accelerated to a record 10.9% in September


October, 13 2022

According to the final data of the German Federal Statistical Office Destatis, consumer prices in... Read More

Ark Invest continues to predict a bright future for Bitcoin


October, 12 2022

Forecasts regarding the future of bitcoin are often surprising, especially given the high... Read More

Russia intends to move gas transit from the Nord Streams


October, 12 2022

Speaking at the Russian Energy Week forum, Russian President Vladimir Putin said that despite the... Read More

The Japanese yen has fallen to a minimum in 24 years


October, 12 2022

The Japanese yen collapsed to its lowest level since August 18, 1998 – 146.68 yen per dollar.The y... Read More

Saudi Arabia: OPEC+ decision to cut oil production was not political


October, 12 2022

Saudi Foreign Minister Faisal bin Farhan said that the decision to reduce oil production quotas by... Read More

Katie Wood buys Adobe shares after falling


October, 11 2022

Katie Wood, CEO of Ark Invest, has re-acquired a stake in Adobe. As you know, the securities of the... Read More

The yield on German government bonds has reached its highest in 11 years


October, 11 2022

The yield on 10-year German government bonds rose to 2.346% per annum, which was the highest since... Read More

Economic Calendar | October 10 – 14


October, 10 2022

Monday, October 10Monday will be accompanied by a completely empty macroeconomic calendar. No data... Read More

Gold is trading below $1700 amid a strengthening dollar


October, 10 2022

At the beginning of the new trading week, the price of gold shows a steady decline: on Monday, the... Read More

The eurozone economic expectations index has updated the minimum since December 2008


October, 10 2022

The index of economic expectations in the eurozone in October reached -41 points after -37 points... Read More

The eurozone economic expectations index has updated the minimum since December 2008


October, 10 2022

The index of economic expectations in the eurozone in October reached -41 points after -37 points... Read More

Google will open its first data center in Japan in 2023


October, 07 2022

Google, part of Alphabet Inc., plans to open its first data center in Japan in 2023. This was... Read More

Oil may end the week with the highest growth since March


October, 07 2022

Oil prices accelerated their growth on Friday, reaching $95.88 per barrel. Thus, the quotes may end... Read More

Non-farm Payrolls Report exceeded analysts' expectations


October, 07 2022

According to the US Department of Labor (Non-Farm Payrolls report), in September, the United States... Read More

The rupee has reached a record low amid rising oil prices


October, 07 2022

On Friday, the Indian rupee hit a record low at 82.430 per $1 amid rising oil prices and growing... Read More

The European Union has banned Russians from using cryptocurrency


October, 06 2022

The European Union has approved a new package of sanctions, according to which Russians are... Read More

Oil rose above the level of $94 per barrel


October, 06 2022

Oil quotes on Thursday remain in the area of local highs reached after the announcement of the... Read More

The New Zealand central bank raised its key rate to a seven-year high


October, 05 2022

The Reserve Bank of New Zealand (RBNZ) has raised interest rates by 50 basis points to a seven-year... Read More

OPEC+ extended the deal until 2024 and reduced the quota by 2 million b/d


October, 05 2022

OPEC+ ministers at today's meeting in Vienna decided to extend the validity of the agreement on oil... Read More

The Saudis named a factor preventing an increase in global oil production


October, 05 2022

Amin Nasser, CEO of the Saudi oil and gas state company Aramco, said that the increase in oil... Read More

ECB says it is ready to raise rates to curb inflation


October, 04 2022

The head of the Central Bank of France, Francois Villeroy de Galo, said that the European Central... Read More

The Reserve Bank of Australia raised the base rate by only 25 bps


October, 04 2022

The Reserve Bank of Australia (RBA) unexpectedly reduced the pace of tightening its monetary... Read More

Asian market on the rise hoping for a change in the Fed's rhetoric


October, 04 2022

On Tuesday, the Asian market is growing amid hopes that the US Federal Reserve will begin to soften... Read More

Mexico unveils new plan to fight inflation


October, 03 2022

The Mexican authorities have reached a new agreement with the country's entrepreneurs as part of... Read More

Oil price growth accelerated on expectations around OPEC+


October, 03 2022

On Monday, oil prices are showing a rise in anticipation of the OPEC+ meeting outcome scheduled for... Read More

The pound rose sharply after the British authorities rejected the budget plan


October, 03 2022

The pound jumped sharply on Monday after the British government announced the cancellation of a... Read More

The UK will not abolish the maximum income tax rate


October, 03 2022

The UK authorities have decided to abandon plans to abolish the maximum income tax rate of 45%... Read More

Economic Calendar | October 3 – October 7


October, 03 2022

Monday, October 3 On Monday, only the final data on business activity indices in the... Read More

China increased bank liquidity by 843%


September, 30 2022

This week, the People's Bank of China poured 868 billion yuan ($122 billion) into the country's... Read More

Bank of America downgraded Apple's rating


September, 30 2022

Investment bank Bank of America downgraded the rating of Apple shares from «recommended to buy» to «... 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.