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

Why is oil declining?


May, 02 2024

This week, the price of Brent crude oil has significantly decreased, falling by more than 4%. The current quote of the asset is $83.40 per barrel. North American WTI crude oil fell to the area of $78.80. The price reduction is due to several reasons at once. First, there is the lack of significant news from the Middle East. Although this is only a temporary lull, and the appearance of information that Israel will launch an operation in Rafah may disrupt this calm. Prime Minister Benjamin Ne... Read More

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Oil jumped to a maximum in more than a week amid closure of fields in Libya


January, 20 2020

The price of oil today rose to more than a weekly maximum after the shutdown in two large fields in... Read More

China’s GDP grows at slowest pace in 29 years


January, 17 2020

According to the official forecast of the National Bureau of Statistics of China, GDP growth in the... Read More

U.S. and China sign phase one of trade deal


January, 16 2020

The ceremony of signing the agreement on the first phase of the trade dispute between the US and... Read More

German inflation accelerates to 1.5% in December


January, 16 2020

According to the Federal Statistical Office of Germany (Destatis), consumer prices, calculated... Read More

Eurozone industrial production rose 0.2% in November


January, 15 2020

According to Eurostat data, Eurozone industrial production rose in November for the first time in... Read More

US consumer prices increase by 2.3% in December


January, 14 2020

According to the US Labor Department, consumer prices in December rose 2.3% year-on-year; on a... Read More

UK industrial production drops 1.2% in November


January, 13 2020

According to the UK Office for National Statistics, industrial production in the country in... Read More

U.S. job growth slows in December, unemployment rate steady at 3.5%


January, 10 2020

According to the Labor Department data, the U.S. economy has shown less job growth outside the... Read More

U.S. weekly jobless claims fall, ranks of unemployed swelling


January, 09 2020

According to the US Department of Labor, the number of Americans applying for unemployment benefits... Read More

US Senate Profile Committee approves USMCA Trade Agreement


January, 08 2020

The United States Senate Committee on Finance has approved the U.S.-Mexico-Canada Trade Agreement... Read More

Gold rolled back from seven-year highs


January, 07 2020

On Tuesday, the price of gold in Asia fell back from seven-year highs in the $1,582.59 area after... Read More

Eurozone investor sentiment jumps to the highest since November 2018


January, 06 2020

According to Sentix Research Center, investor sentiment in the eurozone improved in January for the... Read More

Experts predict global economic growth in 2020


December, 31 2019

Analysts positively assess the prospects for the development of the global economy in... Read More

Beijing authorities urged to abandon cryptocurrency trading


December, 30 2019

Several municipalities in Beijing, including the Financial Supervision and Administration Service,... Read More

Russian authorities are considering the possibility of exit from the OPEC +


December, 27 2019

The head of the Ministry of Energy of the Russian Federation, Alexander Novak, said that the... Read More

Oil is on the way to new highs


December, 26 2019

Oil prices continue their upward movement. Growth is supported by expectations of a Washington and... Read More

China says it is in close touch with U.S. on trade deal


December, 25 2019

US President Donald Trump and President Xi Jinping of China announced that the first phase of a... Read More

Canadian economy shows easing for the first time in 8 months


December, 24 2019

Canada's economic indicators unexpectedly fell in October amid a sharp decline in manufacturing and... Read More

Gold rises weakly in anticipation of details of the trade deal


December, 23 2019

The price of gold is growing slightly on Monday, market participants are waiting for further news... Read More

US Commerce Department maintains estimate of country's GDP growth in Q3 at 2.1%


December, 20 2019

According to the third and final estimate of the US Commerce Department, real gross domestic... Read More

China exempts a number of American goods from duties


December, 19 2019

After the United States and China announced the conclusion of the first phase of trade deal,... Read More

Kazimir: Weak eurozone growth could last for years


December, 18 2019

European Central Bank Governing Council member Peter Kazimir said, that the eurozone economy may... Read More

The price of palladium topped $2 thousand per ounce


December, 17 2019

The cost of palladium today set a new historical record, exceeding $2 thousand per troy ounce.The... Read More

UK business activity drops to a low since July 2016


December, 16 2019

According to the IHS Markit, business activity in the UK economy declined for the second month in a... Read More

Trump may become the third US president impeached


December, 16 2019

This week U.S. President Republican Donald Trump is likely to become the third U.S. president faced... Read More

China and US negotiate ahead of new round of tariffs


December, 12 2019

The Chinese Ministry of Commerce said today that Beijing and Washington are in close contact on a... Read More

US inflation firms in November


December, 11 2019

According to the Labor Department, U.S. consumer prices increased solidly in November by 2.1%... Read More

Oil prices are in the red amid worries about a trade war


December, 10 2019

Oil prices continue to decline on Tuesday, as concerns over slowing demand outweighed optimism... Read More

German exports rose in October by 1.2%


December, 09 2019

According to the Federal Statistical Office data, exports from Germany rose in October by 1.2%... Read More

U.S. unemployment falls to 3.5%, wages gain steadily


December, 06 2019

According to the US Department of Labor, US unemployment in November fell to 3.5%, the lowest level... 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.