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

Oil prices rose, breaking a two-week losing trend


April, 27 2024

On Friday evening, oil prices rose, breaking a two-week downward trend. Oil is growing, even despite the ongoing geopolitical tensions and the strengthening of the dollar after the publication of inflation data in the United States.The current price of Brent oil is $89.38 per barrel, yesterday's maximum was marked at $89.77. North American WTI crude is trading at $83.66 per barrel.The market was supported by data from the US Department of Energy, indicating a more significant than expected reduc... Read More

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Producer prices in Germany in September collapsed by a record 14.7%


October, 20 2023

According to the German Federal Statistical Office, producer prices in Germany in September showed... Read More

Oil has jumped in price amid rising tensions in the Middle East


October, 20 2023

On Friday morning, benchmark oil prices continued their growth, ending the week at monthly highs,... Read More

The number of applications for unemployment benefits in the US fell to the lowest since January


October, 19 2023

The number of Americans who applied for unemployment benefits for the first time last week... Read More

Ambassador: relations between Australia and Russia have been destroyed to the ground


October, 19 2023

Russian Ambassador to Australia Alexey Pavlovsky called the bilateral relations between the two... Read More

Netflix shares rose 12.5%


October, 19 2023

The shares of the streaming service Netflix today showed an impressive growth in post-trading,... Read More

The US eased sanctions against Venezuela's oil and gas sector


October, 19 2023

The United States has decided to temporarily suspend sanctions against Venezuela's oil and gas... Read More

Brent fell to $90.50 per barrel on the easing of sanctions against Venezuela


October, 19 2023

On Thursday, oil prices are declining due to news about the easing of US sanctions against the oil... Read More

The G7 countries will discuss four options for a plan to ban Russian diamonds


October, 18 2023

Restrictions are planned to be introduced from January 1, 2024. The meeting of the Big Seven... Read More

Russia and China have signed the largest grain supply contract


October, 18 2023

Moscow and Beijing have signed an important agreement providing for the largest contract for the... Read More

Yuan becomes world’s second main currency in trade settlements via SWIFT


October, 18 2023

The share of the yuan in international settlements within the SWIFT system showed impressive... Read More

China's GDP growth slowed to 4.9% in the third quarter


October, 18 2023

According to the State Statistical Office, in the third quarter of 2023, China's economy showed... Read More

Global spending on generative AI will exceed $140 billion in 2027


October, 17 2023

According to the forecast of the research organization International Data Corporation (IDC),... Read More

Chinese AI startup Baichuan raised $300 million during the investment round


October, 17 2023

Chinese startup Baichuan, specializing in the development of artificial intelligence (AI)... Read More

Analysts: the inevitable fact of bitcoin-ETF approval is already embedded in the price of bitcoin


October, 17 2023

According to analysts, the approval of the upcoming bitcoin ETF has already been partially taken... Read More

Belt and Road Initiative: what to expect from Putin's visit to China?


October, 16 2023

This week, Russian President Vladimir Putin will make an important visit to China, which will... Read More

Oil prices rose again on news from the Middle East


October, 13 2023

Oil rose significantly on Friday amid news from the Middle East, reaching $89.90 per... Read More

China intends to create a stabilization fund to support the stock market


October, 13 2023

The Chinese authorities are considering the possibility of creating a stabilization fund to support... Read More

Russia proposes to create a decentralized depository of the BRICS countries


October, 12 2023

Russia has presented the concept of a decentralized depository for the BRICS countries based on... Read More

Iran offered its corridors to export Russian grain


October, 12 2023

The deputy head of Iran's economic department for Economic Affairs, Seyed Ali Rouhani, said that... Read More

EU and G7 intend to impose sanctions against diamonds from Russia


October, 12 2023

The European Union and the G7 countries are already close to introducing a system of sanctions... Read More

The Argentine peso has fallen to a record low


October, 11 2023

The Argentine peso currency has lost 10% of its value in the unofficial market of the country,... Read More

Xerox Corporation has completed its work in Russia


October, 11 2023

The American corporation Xerox has completed its work in Russia by selling the business to local... Read More

Gas prices in Europe continue to rise. Why?


October, 11 2023

Prices for winter gas futures in Europe have increased by 25% in recent days, reaching more than... Read More

European stocks rose sharply on the comments of the Fed


October, 11 2023

European stock markets showed a noticeable increase after the «dovish» statements by r... Read More

Why has the oil market been excessively volatile lately?


October, 10 2023

In light of recent events in the Middle East, the instability of oil prices threatens market... Read More

Ben Harris: the price ceiling for Russian oil needs to be revised


October, 10 2023

The price ceiling of $60 per barrel, set by the G-7 countries to curb Russia's export revenues from... Read More

Experts: how can the conflict in the Middle East affect the stock market?


October, 10 2023

Recent clashes between Israel and Hamas may cause significant damage to the stock market, as well... Read More

Factors that will stimulate a bullish rally in the crypto market in 2024


October, 09 2023

After a successful start to the year, when bitcoin briefly surpassed the $30,000 mark, this leading... Read More

Saudi Arabia is ready to increase oil production to conclude a defense deal with the United States


October, 09 2023

Saudi Arabia has announced to Washington its readiness to increase oil production at the beginning... Read More

World copper prices have reached a minimum since the beginning of 2022


October, 09 2023

World copper prices have reached a minimum since the beginning of November 2022, according to 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.