Financial Market 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.

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Latest Economic News

Bitcoin is declining amid US inflation data

August, 12 2025

On August 12, bitcoin dropped 0.9% to $118,264, losing some of the weekend's growth. The decrease was due to investor caution before the publication of July data on the consumer price index (CPI) in the United States, which turned out to be slightly softer than forecasts: +0.2% mom and +2.7% yoy, while expectations were +0.2% and +2.8%. The core CPI increased by 0.3% mom and 3.1% YoY, the highest annual rate in five months.The data reinforced expectations of a Fed rate cut in September and raise... Read More

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