Economic News

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

Negative statistics from Germany dropped the euro

January, 25 2021

The euro rate, which showed growth in tandem with its main opponent, went down after the release of weak macroeconomic statistics from Germany. The current quote for the EUR/USD pair is 1.2145.In particular, data from the IFO research institute reflected a decrease in the business climate index in Germany to 90.1 points compared to 92.2 points in December. At the same time, analysts had expected the indicator to decline only to 91.8 points.The assessment of the current economic situation in the ... Read More

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ECB expectedly kept the base rate at zero level

January, 21 2021

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

Joe Biden takes over as President of the United States

January, 20 2021

Today is a very important day for the United States of America – the inauguration of the new P... Read More

Important macroeconomic publications of the day

January, 19 2021

Macroeconomic calendar on Tuesday does not differ in the variety of publications, however,... Read More

German economy faces significant decline if restrictions are extended

January, 18 2021

The Bundesbank said today that the German economy still manages to stay afloat, but it could also... Read More

German economy shrank by only 5% in 2020

January, 15 2021

According to preliminary data from the German Federal Statistical Office, the country's economy... Read More

The yield on Italian government bonds rises due to political chaos in Rome

January, 14 2021

The yield spread on Italian and German 10-year government bonds reached its highest level in a... Read More

Bitcoin shows worst dynamics since March 2020

January, 13 2021

On Wednesday, the most popular cryptocurrency drops in price, showing the worst trading dynamics... Read More

European markets decline amid doubts about vaccine effectiveness

January, 12 2021

European stocks on Tuesday traded in different directions, reacting to the statements of the US... Read More

Oil has renewed its February 2020 high

January, 11 2021

On Monday, March Brent oil futures surpassed $56 per barrel for the first time since February 25,... Read More

Bitcoin rate has renewed its all-time high, exceeding $41 thousand

January, 08 2021

Bitcoin continues to reach new heights. Today, the cryptocurrency has set a historic record,... Read More

Weak Non Farm Payrolls disappointed markets

January, 08 2021

The US provided fresh data on nonfarm employment and unemployment rates in December, which were... Read More

Trump bans transactions with Chinese payment services

January, 06 2021

US President Donald Trump signed a decree banning financial transactions with Chinese companies.... Read More

Experts named the key risks of 2021

January, 05 2021

Analysts of the consulting company Eurasia Group named the main risks for the economy,... Read More

Bitcoin kicks off the year with a new all-time high

January, 04 2021

On Monday, the value of bitcoin began to decline after renewing its historical high at $34,543 on... Read More

Senate Republicans blocked bill to increase payments to Americans

December, 31 2020

Republicans in the Senate have blocked a bill passed by the House of Representatives to increase... Read More

What awaits European stock market after Brexit?

December, 29 2020

Experts predict that the European financial market will face big changes after the UK's final exit... Read More

EU and UK finally reach a compromise on relations after Brexit

December, 25 2020

Last night, the UK and the European Union finally managed to reach an agreement before the end of... Read More

What awaits the oil market in 2021?

December, 25 2020

The outgoing year will be remembered for numerous anti-records: a fall in demand by 25%,... Read More

US stock exchanges are growing on expectations of state support

December, 24 2020

Major US stock indexes on Thursday are growing moderately on expectations of market participants... Read More

Great Britain is on the verge of a trade blockade

December, 23 2020

UK industrialists fear that the country could face the threat of a food crisis. In particular, the... Read More

Bank of England has kept the rate unchanged

December, 17 2020

The Bank of England at its meeting on Thursday kept its base interest rate at 0.1%, in line with... Read More

December 2020 US Federal Reserve meeting

December, 17 2020

The results of the last US Federal Reserve meeting this year were published yesterday evening.The... Read More

Bitcoin price has updated a new all-time high

December, 16 2020

The value of the most popular cryptocurrency, bitcoin, grows on Wednesday evening, exceeding the... Read More

Industrial production in the US in November grew better than forecast

December, 15 2020

According to the report of the US Federal Reserve System, industrial production in November... Read More

Crude Oil rises to eight-month high as OPEC + deal

December, 04 2020

Brent oil prices jumped to $49.86 per barrel after the announcement of the results of the OPEC +... Read More

Markets pending the outcome of the OPEC meeting

December, 03 2020

On Thursday, oil prices started to rise again to $48.50 per barrel. Brent is supported by the... Read More

Visa will issue the world's first cashback credit card in bitcoins

December, 02 2020

Visa is partnering with cryptocurrency startup BlockFi to release the world's first cashback credit... Read More

Labor Department published flawed estimates of weekly jobless claims

December, 01 2020

The US Government Accountability Office (GAO) drew attention to the inaccuracy of the weekly data... Read More

US exchanges are falling as part of the correction after a prolonged rise

November, 30 2020

Major US stock indices are declining on Monday in a correction, while remaining on track for their... Read More

Brent crude oil exceeded $49 for the first time since March

November, 26 2020

The price of January Brent oil futures rose above $ 49 per barrel for the first time since March 6,... Read More

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.