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 rose in price by 10% thanks to central banks


September, 20 2024

Bitcoin continues to grow steadily, strengthening for the fourth day in a row. Since the beginning of the week, the BTC/USD exchange rate has increased by 10%, which was facilitated by the decisions of major central banks.The US Federal Reserve System cut the rate by 50 basis points, which led to an update of record highs on Wall Street. In addition, the Bank of Japan maintained its previous policy without raising the cost of lending, and the Bank of England left rates unchanged, which coincided... Read More

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Expert: OPEC+ countries should postpone the softening of the deal from January of the new year


November, 03 2020

Anne-Louise Hittle, vice president of consulting firm Wood Mackenzie, said at the International... Read More

Oil prices fall amid new quarantine measures in Europe


November, 02 2020

World oil prices fell to $36 a barrel Monday morning on concerns over demand following the... Read More

US consumer sentiment index rose better than forecast


October, 30 2020

The Michigan Consumer Sentiment Index, which measures household confidence in the US economy, rose... Read More

Oil fell below $38 for the first time since June 1


October, 29 2020

Oil prices have been falling over the past few days due to COVID-19 risks and U.S. election... Read More

ECB expectedly kept the base rate at zero level


October, 29 2020

The Board of Governors of the European Central Bank (ECB) at its meeting today kept the base... Read More

Bank of Canada has kept the rate at the same level of 0.25%


October, 28 2020

The Bank of Canada on Wednesday kept its key interest rate at a record low of 0.25%. Earlier, the... Read More

US consumer confidence index unexpectedly declined in October


October, 27 2020

According to analyst firm Conference Board, the consumer confidence index in the US in October fell... Read More

The trade war with China did not contribute to the growth of industrial production in the United States


October, 26 2020

The trade war with China, unleashed by US President Donald Trump, did not achieve its main goal (a... Read More

US exchanges are trading in positive territory on forecasts for state aid


October, 23 2020

According to the trading data, the main US stock indexes on Friday are mainly growing against the... Read More

Gold price resumed falling


October, 23 2020

The price of gold resumed its decline after the morning corrective growth. The current quotation of... Read More

EU intends to prepare a response to possible US sanctions


October, 21 2020

German Foreign Ministry spokesman Christopher Burger said that the European Commission intends to... Read More

Gold grows weakly amid uncertainty around US elections


October, 20 2020

Gold prices rise slightly on Tuesday evening amid continued uncertainty around the upcoming US... Read More

US exchanges are growing on expectations of economic stimulus


October, 19 2020

Major US stock indexes rallied on Monday in anticipation of news on a new US fiscal aid package and... Read More

Johnson urges Britons to prepare for tough Brexit option


October, 16 2020

British Prime Minister Boris Johnson said today that it is time for the country to prepare for a... Read More

Germany introduces additional measures to combat Covid-19


October, 15 2020

German Chancellor Angela Merkel agreed to introduce additional measures in the country to combat... Read More

Chinese companies skyrocket in price


October, 13 2020

The aggregate capitalization of Chinese companies reached $10 trillion for the first time since... Read More

Saudi Arabia will host the largest banking deal of the year


October, 12 2020

National Commercial Bank (NCB), the largest Bank in Saudi Arabia by assets, announced the purchase... Read More

US imposes $2 billion tariffs on aluminum sheet


October, 09 2020

US Commerce Department chief Wilbur Ross said today that the United States is imposing duties on... Read More

U.S. unemployment shrinks amid slow growth in new jobs


October, 08 2020

According to the US Department of Labor, last week the number of Americans who filed initial... Read More

Futures on US indices are growing in anticipation of the Fed meeting minutes


October, 07 2020

Futures on major US stock indexes started to rise on Wednesday after a sharp drop a day earlier... Read More

The EU is ready to resort to new measures of economic stimulus


October, 06 2020

The head of the European Central Bank, Christine Lagarde, said during her speech that the regulator... Read More

US services PMI gains better than forecast


October, 05 2020

According to the American Institute for Supply Management (ISM), the index of business activity in... Read More

US industrial PMI declines unexpectedly


October, 01 2020

According to the US Institute for Supply Management (ISM), the US Manufacturing Index (ISM... Read More

Oil inventories in the United States unexpectedly decreased by 0.4% over the week


September, 30 2020

According to the Energy Information Administration of the US Department of Energy, commercial oil... Read More

Wall street quieted down in anticipation of the debate


September, 29 2020

The U.S. stock market is consolidating after two days of gains awaiting the first presidential... Read More

Swiss GDP declines at record 40 years


September, 28 2020

According to the State Secretariat for Economic Affairs (SECO) of Switzerland, the country's GDP... Read More

Oil prices drop due to economic uncertainty and coronavirus


September, 24 2020

Oil prices fell on Thursday amid uncertainty about the outlook for the global economy and the... Read More

US Department of Energy Oil Inventory Report


September, 23 2020

According to the Energy Information Administration (EIA) of the US Department of Energy, the volume... Read More

UK signaled new quarantine


September, 22 2020

On Tuesday, the UK said it intends to abandon the return of people to their usual jobs in an... Read More

UK thinks about canceling Tax Free shopping system


September, 21 2020

The British authorities announced that they are considering the possibility of canceling the Tax... 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.