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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.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Latest Economic News

Oil prices end the week with a significant decline
May, 03 2024

On Friday morning, oil quotes are growing slightly, but the asset ends the whole week with a significant decline.The market was pressured by an increase in oil reserves in the United States this week, as well as a decrease in geopolitical risks amid hopes for a truce between Israel and Hamas.The current price of Brent oil is $83.60 per barrel.  The average price last week was around $90. North American WTI crude is trading near $79 per barrel after rising to $84.30 last week. Since the begi... Read More

All News

Italy will allocate 7.5 billion euros to fight against coronavirus

March, 06 2020

The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Read More

Bank of Canada cut a key rate due to virus fears

March, 05 2020

The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Read More

US Federal Reserve cut the rate unscheduled for the first time since 2008

March, 04 2020

The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Read More

Central Bank of Australia lowered rate to record low

March, 03 2020

The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Read More

Italy's GDP growth slowed in 2019 to 0.3%, a minimum for 5 years

March, 02 2020

According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Read More

Eurozone inflation expectations drop to record low

February, 28 2020

A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Read More

European stock exchanges fall by more than 3% on concerns over coronavirus

February, 27 2020

Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Read More

German economy nears stagnation in first quarter with coronavirus outbreak

February, 26 2020

The German Institute for Economic Research DIW reported that Germany’s economy is close to s... Read More

Italy has become the epicenter of the spread of Chinese coronavirus

February, 25 2020

Italy warned the EU that it could require substantial assistance if the unexpected spread of... Read More

The ECB expects the completion of the coronavirus epidemic will lead to a significant revival of the eurozone economy

February, 21 2020

Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... Read More

Gold has risen to a high in 7 years

February, 20 2020

Gold prices rose to a maximum in 7 years due to fears that an outbreak of coronavirus will slow... Read More

UK annual inflation accelerates to 1.8% in January

February, 19 2020

According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in... Read More

Apple shares fell on Tuesday

February, 18 2020

Stock prices of the American company Apple Inc are reduced today by 3.6% during preliminary... Read More

Japan's GDP in the IV quarter fell at the fastest rate since 2014

February, 17 2020

In the fourth quarter of 2019, Japan's GDP fell by 6.3% year on year after increasing the... Read More

US industrial production in January fell by 0.3%

February, 14 2020

According to the US Federal Reserve, the volume of industrial production in the United States in... Read More

US annual inflation accelerates to 2.5% in January

February, 13 2020

According to the US Labor Department, consumer prices in the US in January rose 2.5% year on year,... Read More

China maintains its goal of GDP growth despite coronavirus exposure

February, 12 2020

Deputy head of the PRC Academy of Social Sciences Cai Fan said that China will be able to achieve... Read More

UK economy showed zero growth in the IV quarter

February, 11 2020

The UK economy showed zero growth in the last quarter of 2019. According to preliminary data from... Read More

Gold rises in price, the market estimates the economic damage from the coronavirus

February, 10 2020

Today, Gold quotes rose to a week maximum, reaching $ 1,580 per troy ounce. The precious metal is... Read More

The number of applications for unemployment benefits in the US fell to a minimum since April

February, 07 2020

According to the U.S. Department of Labor, the number of Americans applying for unemployment... Read More

OPEC + committee proposes a stronger reduction in production due to coronavirus

February, 06 2020

The OPEC+ Technical Committee recommended that the organization’s member countries reduce oil p... Read More

Retail sales in the eurozone in December fell 1.6%, worse than forecast

February, 05 2020

According to the European statistical agency Eurostat, retail sales in the eurozone in December... Read More

Boris Johnson does not want to accept EU standards

February, 04 2020

The sterling lost more than 1% after British Prime Minister Boris Johnson said he would not accept... Read More

The index of business activity in the manufacturing sector in Germany in January amounted to 45.3

February, 03 2020

According to the final data of the research organization IHS Markit, the index of business activity... Read More

Annual inflation in the Euro zone accelerated to 1.4 in January%

January, 31 2020

According to the European statistical Agency Eurostat, annual inflation in the 19 countries of the... Read More

Interest rates left at 0.75% amid signs of rebound for UK economy

January, 30 2020

Today, the Bank of England held a meeting, at which left rates unchanged at 0.75%. Representatives... Read More

Germany raises 2020 growth forecast slightly to 1.1%

January, 29 2020

The German government raised its forecast for GDP growth for 2020 and promised to create all... Read More

OPEC wants to extend production cuts until June due to virus in China

January, 28 2020

OPEC representatives said the organization is ready to extend the current decline in oil production... Read More

Experts: China's GDP growth in I quarter may slow down below 6% due to the outbreak of pneumonia

January, 27 2020

Experts note that due to the outbreak of pneumonia in China, the growth rate of the Chinese economy... Read More

Eurozone business activity index unchanged in January

January, 24 2020

According to preliminary data from the Markit Economics Research Organization, the composite index... 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.