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

Why is the oil market growing?


April, 16 2021

The oil market continues to grow on Friday. Brent quotes reached $67.37 per barrel, WTI – $63,87. Experts note that the general fundamental background continues to support prices.In particular, the Energy Information Administration (EIA) of the US Department of Energy on Wednesday announced a decrease in commercial crude oil reserves in the week of April 3-9 by 5.9 million barrels. In addition, projected gasoline demand rose to an almost 8-month high of 8.9 million barrels per day, down 5% from ... Read More

All News

Iran raises production despite US sanctions


April, 15 2021

According to a report by the International Energy Agency (IEA), Iran has decided to increase oil... Read More

Christine Lagarde: Eurozone economy still needs help


April, 14 2021

In a speech on Wednesday, Christine Lagarde, President of the European Central Bank (ECB), said... Read More

The first blockchain operator was founded in Russia


April, 12 2021

The Moscow Exchange and members of the FinTech Association (AFT), which includes large Russian... Read More

Non-farm Payrolls report significantly exceeded expectations


April, 02 2021

Today, the US Department of Labor released a report Non-farm Payrolls, according to which, the... Read More

Owners of container ship Ever Given will pay about a billion dollars in fines


April, 01 2021

The manager of the Suez Canal, Osama Rabia, said that the financial losses from the blocking of the... Read More

ECB sees opportunity to launch digital euro by 2025


March, 31 2021

The head of the European Central Bank (ECB) Christine Lagarde said that the regulator could launch... Read More

Consumer Confidence in the US in March rose to its highest in a year


March, 30 2021

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

Experts believe that cars will rise in price because of the Suez Canal blocking


March, 26 2021

Experts believe that blocking the movement of ships through the Suez Canal will inevitably lead to... Read More

The backlog of vaccinations in the EU was estimated at 123 billion euros


March, 25 2021

Economists believe that the lag of the EU countries from the approved vaccination calendar against... Read More

Suez Canal blocked: 12% of world trade in question


March, 24 2021

One of the largest container ships in the world, owned by the Taiwanese company Evergreen Marine,... Read More

Bitcoin can rise to $300 thousand, but then – fall by 80-90%


March, 23 2021

Co-founder and former CEO of BTCC crypto exchange Bobby Lee said that today bitcoin is in a «bull ... Read More

German economy falls due to antivirus restrictions


March, 22 2021

The Bundesbank said today that the German economy is likely to contract sharply in the first... Read More

British currency falls on fears over AstraZeneca vaccine


March, 16 2021

The pound sterling declines against the euro and the dollar on Tuesday amid news of the suspension... Read More

Oil hits $70 maximum on strong data from China


March, 15 2021

Brent crude hit a high of $70 per barrel on Monday, boosted by data from China, which indicated a... Read More

Biden signs incentive package act


March, 12 2021

US President Joe Biden signed into law a $1.9 trillion stimulus package a day earlier than... Read More

ECB kept monetary policy unchanged


March, 11 2021

A meeting of the Board of Governors of the European Central Bank (ECB) took place today, following... Read More

Bitcoin capitalization exceeded $1 trillion again


March, 09 2021

In the morning trading session on Tuesday, bitcoin rose to $54348.57, reaching a 24-hour high. At... Read More

OPEC+ ministerial meeting outcomes


March, 05 2021

On Friday, Brent crude rose to $68.60 for the first time since January 2020. The prices were... Read More

Construction of Nord Stream 2 postponed until September


March, 04 2021

The construction of the Russian gas pipeline Nord Stream 2 was again postponed, this time for six... Read More

Gold falls in price on lower demand for «safe-haven» assets


March, 03 2021

On Wednesday, the price of gold declines against the background of investors leaving defensive... Read More

China's financial regulator announced a «bubble» in global stock markets


March, 02 2021

The China Banking and Insurance Supervision and Control Committee (CBIRC) said the rally in the US... Read More

Cardano takes the lead in cryptocurrency rally


March, 01 2021

Cryptocurrency Cardano last week renewed all-time highs and came in third after Bitcoin and... Read More

Germany has announced four options for the future «Nord Stream 2»


February, 26 2021

The German authorities have proposed four options for the future of the «Nord Stream 2» project in o... Read More

US stock exchanges decline after the release of statistics on the GDP


February, 25 2021

US stock exchanges are falling on Thursday after the release of statistics on GDP and the labor... Read More

German GDP in the IV quarter grew by 0.3%


February, 24 2021

According to the final data of the Federal Statistical Office of Germany, the country's GDP in the... Read More

Poland and Ukraine call on the US to «end» the construction of the Nord Stream-2


February, 22 2021

Foreign Ministers of Poland and Ukraine Zbigniew Rau and Dmitry Kuleba called on US President Joe... Read More

Bitcoin capitalization approached $1 trillion


February, 19 2021

The bitcoin rate continues to update historical highs, and the cryptocurrency capitalization is... Read More

The number of applications for unemployment benefits in the US rose worse than expected


February, 18 2021

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

Elon Musk's SpaceX raised $850 million


February, 17 2021

Last week, space company SpaceX, owned by Tesla CEO Elon Musk, raised $850 million in new funds,... Read More

Oil market dynamics


February, 16 2021

On Tuesday, the oil market demonstrates multidirectional dynamics: Brent quotes fluctuate in the... 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.