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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ECB keeps intrigue on monetary policy


September, 06 2023

Members of the European Central Bank have warned investors expecting that the bank will not raise... Read More

China's Tencent will introduce its own analogue of ChatGPT


September, 06 2023

Chinese Internet company Tencent Holdings plans to introduce a new chatbot developed on the basis... Read More

Oil prices are stable after rising to the highest since November


September, 06 2023

Oil prices showed a moderate decline on Wednesday, after they reached the highest levels since... Read More

Producer prices in the eurozone in July fell at the fastest pace in 14 years


September, 05 2023

In July of this year, producer prices in the eurozone decreased by 7.6% compared to July last... Read More

Saudi Arabia will extend the reduction of oil production by 1 million b/d until the end of 2023


September, 05 2023

Saudi Arabia extends the voluntary reduction of oil production by 1 million barrels per day until... Read More

Brent crude is trading near $89 per barrel


September, 05 2023

On Tuesday, oil prices of benchmark brands are moving in different directions near multi-month... Read More

Economists' forecasts for 2024 are becoming increasingly gloomy


September, 04 2023

Experts predict that the continued persistence of high interest rates in major world economies may... Read More

The share of Russian oil in the EU has decreased from 29.2% to 2.3% in two years


September, 04 2023

According to Eurostat data, by the end of June 2023, the volume of Russian oil imports to the EU... Read More

Inflation in Turkey accelerated to 58.9% in August


September, 04 2023

Inflation in Turkey continues to accelerate, reaching its highest level in eight months in August.... Read More

Oil prices have stabilized after rising to annual highs


September, 04 2023

Benchmark oil prices continue to remain at high levels, despite slight fluctuations at the... Read More

The number of oil and gas drilling rigs in the world in August fell for the first time in 3 months


September, 01 2023

According to the oilfield services company Baker Hughes, in August 2023, the number of operating... Read More

Unemployment in the US is growing stronger than expected: stocks are going up, and the dollar is going down


September, 01 2023

The US labor market data released today showed that the unemployment rate in the country rose from... Read More

Brent price exceeded $88 per barrel


September, 01 2023

Oil quotes sharply accelerated their growth on Friday and may end the week with a record rise in... Read More

Retail investors have started to actively invest in the uranium industry


September, 01 2023

Retail investors began to actively invest in the uranium industry, using the services of... Read More

The yuan rose to a maximum due to the measures of the People's Bank of China


August, 31 2023

On Thursday, the Chinese yuan strengthened to its highest level in the last 2.5 weeks against the... Read More

The euro accelerated its decline against the dollar after the release of statistics on the eurozone


August, 31 2023

The euro continued to decline against the dollar after the release of inflation statistics in the... Read More

The Bank of England sees the need to keep the rate near 5.25% for a long time


August, 31 2023

According to the chief economist of the Bank of England, Hugh Pill, a more preferable option for... Read More

Inflation in Germany in August slowed to 6.4%


August, 30 2023

According to preliminary data from the Federal Statistical Office of the country Destatis, in... Read More

Brent rose above $85.50 per barrel


August, 30 2023

On Wednesday morning, oil quotes continued their growth after rising the day before, caused by... Read More

The yuan may reach a record low this year


August, 29 2023

Analyzing the dynamics of the Chinese yuan, experts suggest that the currency may fall to the rate... Read More

Analysts expect China's GDP to grow by 5.1% in 2023


August, 29 2023

Experts continue to assess China's prospects very cautiously, continuing to adjust forecasts for... Read More

Unemployment in Japan in July unexpectedly rose to the highest in 4 months


August, 29 2023

According to the Ministry of Internal Affairs and Communications of Japan, unemployment... Read More

The problems of the Chinese economy are threatening global growth


August, 28 2023

The Chinese economy, which ranks second in the world in size, was projected to provide a third of... Read More

Shares of Evergrande have fallen by almost 90%


August, 28 2023

Shares of Chinese developer Evergrande fell 87% on the first day of trading on the Hong Kong stock... Read More

Powell: The Fed is ready to raise the rate further


August, 28 2023

The head of the US Federal Reserve, Jerome Powell, said on Friday that the central bank is ready... Read More

Economic Calendar | August 28 – September 1


August, 28 2023

Monday, August 28Despite the absence of significant events in the macroeconomic calendar at the... Read More

What to expect from Powell's speech?


August, 25 2023

Today, the head of the US Federal Reserve, Jerome Powell, will deliver a keynote speech at an... Read More

Oil prices rise amid global inventory decline


August, 25 2023

On Friday afternoon, world oil prices accelerated their growth by more than 1%. The increase is... Read More

The dollar rose to a maximum and ends the seventh consecutive week of growth


August, 25 2023

On Friday, the US dollar showed a strengthening against its major rival currencies, reaching its... Read More

Germany's GDP in the second quarter did not change


August, 25 2023

In the second quarter of 2023, Germany's GDP remained unchanged compared to the previous three... Read More

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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.