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

Inflation in the United States accelerated to 2.6%


November, 13 2024

In October, inflation in the United States accelerated, but the indicator was within analysts' expectations.According to the Bureau of Labor Statistics, the consumer price index increased by 0.2% month-on-month and reached 2.6% year-on-year. Excluding volatility in food and energy prices, the core consumer price index showed a more noticeable increase, increasing by 0.3% over the month and reaching 3.3% y/y.The market reaction to the data was restrained. U.S. futures rose slightly, and Treasury ... Read More

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EU-UK talks on economic deal will continue on September 7


August, 21 2020

EU negotiator Michel Barnier said that negotiations on a trade and economic deal between the EU and... Read More

The number of applications for unemployment benefits in the United States exceeded 1 million


August, 20 2020

The number of initial jobless claims rose unexpectedly to 1.106 million, according to the US Labor... Read More

Gold prices dropped below $ 2,000 due to dollar stabilization


August, 19 2020

The price of gold dropped today below the level of $2,000 per ounce (to $1,987.93) amid the... Read More

The number of new buildings in the USA in July grew by 22.6%, better than forecast


August, 18 2020

According to the US Department of Commerce, the number of new homes in the US in July increased by... Read More

In July, the level of execution of the OPEC+ deal turned out to be worse than expected


August, 17 2020

The OPEC+ Technical Committee said that in July the level of execution of the deal by OPEC... Read More

GDP of the European Union in the II quarter fell by a record 14.1%


August, 14 2020

According to the second estimate of the European statistical agency Eurostat, the GDP of the EU... Read More

US still can't agree on stimulus package


August, 13 2020

Negotiations between Republicans and Democrats in Congress on the next round of economic aid... Read More

US inflation is growing at its fastest rate since 1991


August, 12 2020

The consumer price index in the US in July accelerated its growth to 1% in annual terms. The June... Read More

The rise in producer prices in the United States was the highest in almost 2 years


August, 11 2020

According to the US Department of Labor, producer prices in the country (PPI) in July 2020 rose by... Read More

US stock market opened with growth in hopes of new liquidity injections


August, 10 2020

The US stock market started the week in a positive mood amid hopes for a compromise on a new... Read More

US: 1.8 million jobs added in July, unemployment falls to 10.2%


August, 07 2020

According to the US Bureau of Labor Statistics, only 1.763 million jobs were created in the nonfarm... Read More

US unemployment claims data are encouraging


August, 06 2020

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

Fed: US GDP will grow in Q3, activity will return to pre-viral levels by the end of 2021


August, 05 2020

Deputy Chairman of the Federal Reserve System (FRS) Richard Clarida expects the US economy to... Read More

Gold rises in price on increasing geopolitical risks


August, 04 2020

On Tuesday evening, the price of gold started to rise sharply, reaching $ 2.001 per troy ounce. The... Read More

The PMI index of the industry of the eurozone in July rose to 51.8 points


August, 03 2020

According to the research organization Markit Economics, the index of business activity (PMI) in... Read More

EU GDP collapses by record 14.4%


July, 31 2020

According to the statistical agency Eurostat, the GDP of the EU countries in the II quarter fell by... Read More

US GDP plunged by worst-ever 32.9% in the II quarter


July, 30 2020

According to the US Department of Commerce, US GDP in the second quarter contracted by a record... Read More

German GDP and quarterly losses hit the European market


July, 30 2020

On Thursday, the European stock market crashed after the publication of the German GDP report and... Read More

Oil prices accelerated growth amid falling US inventories


July, 29 2020

Oil prices started to rise after the publication of a report from the US Energy Information... Read More

Fed extends lending programs until December 31


July, 28 2020

A two-day meeting of the US Federal Reserve System starts today, following which the regulator will... Read More

US dollar trades at 2-year low due to geopolitical and economic risks


July, 27 2020

On Monday evening, the US dollar accelerated its decline in pairs with major foreign exchange... Read More

US stock exchanges decline on geopolitical risks and fears for the country's economy


July, 24 2020

According to the trading data, the main US stock indexes are declining on Friday, as investors... Read More

Britain and the EU have not agreed on the basic principles of relations


July, 23 2020

The UK's chief Brexit negotiator David Frost said today that Britain and the EU have failed to... Read More

US exchanges open lower on fears of conflict escalation with China


July, 22 2020

At the auction on Wednesday, American stock indices generally show a decline, reacting to the... Read More

India intends to store crude oil in the US


July, 20 2020

Indian authorities have announced that the country plans to store part of its crude oil reserves in... Read More

EU emergency summit lasts for four days


July, 20 2020

The EU summit, following which the leaders of the EU countries should discuss a package of... Read More

Mexico announces completion of OPEC+ commitments and increased production


July, 10 2020

Mexican President Andres Manuel Lopez Obrador said the country has fulfilled its part of the OPEC+... Read More

The number of applications for unemployment benefits in the US fell to 1.314 million, better than forecast


July, 09 2020

According to the US Department of Labor, the number of initial applications for unemployment... Read More

The EC approved the plans of Germany to allocate 500 billion euros to help companies


July, 08 2020

The European Commission has announced that it has approved a plan by Germany to create a fund of... Read More

Baker Hughes: the number of oil and gas drilling rigs in the world decreased for the 4th consecutive month


July, 07 2020

According to the report of the American oilfield services company Baker Hughes, the number of... 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.