Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Latest Economic News

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 Bank intends to raise rates as high as necessary to curb inflation. At the same time, Villeroy noted that the pace of rate increases may slow down with the beginning of the new year.The ECB representative acknowledged that core inflation (excluding energy and food prices), which the central bank cannot control, has reached 4.8% and has acquired too wide coverage.Villeroy also stressed that the incre... Read More

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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