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Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact 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

Inflation in Turkey in April updated the maximum since November 2022
May, 03 2024

In April, the growth rate of consumer prices in Turkey accelerated again, reaching the highest level since November 2022. According to a report by the country's statistical institute (Turkstat), inflation was 69.8% year-on-year, compared with 68.5% in March. The consensus forecast of analysts expected an even more significant increase in inflation – up to 70.33% in annual terms.The cost of utilities in Turkey increased by 55.55% YoY last month, and transport services – by 80.39%. Food prices ros... Read More

All News

Oil is stable above the level of $79.50 in anticipation of inventory data in the US

July, 19 2023

On Wednesday, oil quotes remained above the level of $79.50 per barrel after a steady increase in... Read More

UK inflation in June slowed to the lowest since March 2022

July, 19 2023

According to the National Statistical Office of the United Kingdom (ONS), consumer prices in the... Read More

The Turkish lira has updated a record low in anticipation of the Central Bank meeting

July, 18 2023

The Turkish lira hit a new historic low on Tuesday, as the Central Bank and national banks stopped... Read More

The European Council called for the extension of the Black Sea initiative under the auspices of the UN

July, 17 2023

European Council President Charles Michel expressed hope that UN Secretary General Antonio Guterres... Read More

Russia has suspended its participation in the grain deal

July, 17 2023

The press secretary of the President of Russia Dmitry Peskov confirmed that the grain deal was... Read More

China's GDP growth accelerated to 6.3% in the second quarter

July, 17 2023

According to the data of the State Statistical Office of China, GDP growth rate in the second... Read More

Economic Calendar | July 17 – 21

July, 17 2023

Monday, July 17The beginning of the trading week is again accompanied by an absolutely empty... Read More

Global markets are on a positive wave

July, 14 2023

At the end of the trading week positive dynamics of indices prevail in global markets.Yesterday,... Read More

Experts: the US is facing a difficult period

July, 14 2023

Despite the fact that the US Federal Reserve has already carried out 10 interest rate hikes (which... Read More

The dollar index dropped below 100 points for the first time since April 2022

July, 13 2023

The dollar index on Wednesday dropped below 100 points for the first time since April 2022.The... Read More

China introduces rules for the use of AI

July, 13 2023

The Chinese government has announced the release of a new set of rules that govern the use of... Read More

Elon Musk has created a new company xAI

July, 13 2023

Elon Musk, CEO of Tesla, SpaceX and Twitter, announced the launch of a new artificial intelligence... Read More

Brent exceeded the level of $80.50 per barrel

July, 13 2023

On Thursday morning, the prices of benchmark oil grades continue to rise moderately after the... Read More

Turkey will continue to work on extending the «grain deal»

July, 12 2023

Turkish President Recep Tayyip Erdogan said that the country intends to continue working on the... Read More

Inflation in the US in June slowed down more than forecast

July, 12 2023

According to the US Department of Labor, consumer prices (CPI index) in June increased by 3%... Read More

Activision shares rise amid court ruling in favor of Microsoft deal

July, 12 2023

Shares of video game maker Activision Blizzard rose 11% to $91.83 after Microsoft received court... Read More

A new gas field has been discovered in Norway – the largest in 10 years

July, 11 2023

Norwegian oil and gas company DNO ASA has announced the discovery of a large Carmen gas and gas... Read More

Oil is trading in a narrow corridor of $77.50-78.50 per barrel

July, 11 2023

Oil prices are rising on Tuesday due to the introduction of new measures to support the real estate... Read More

Inflation in Germany in June expectedly accelerated to 6.8%

July, 11 2023

According to the final data of the German Federal Statistical Office (Destatis), consumer prices,... Read More

Threads breaks all records

July, 10 2023

The number of new users of the Meta Threads platform has crossed the threshold of 100 million... Read More

China unexpectedly recorded zero inflation in June

July, 10 2023

According to the report of the State Statistical Office of the People's Republic of China, in June... Read More

Unemployment in Turkey in May fell to the lowest in nine years

July, 10 2023

According to official statistics, the unemployment rate in Turkey fell to 9.5% in May, which is the... Read More

Economic Calendar | July 10 – 14

July, 10 2023

Monday, July 10As is most often the case, the beginning of the trading week is accompanied by a... Read More

Gold rises after the publication of US statistics

July, 07 2023

The price of gold is rising on Friday after the US labor market data published today turned out to... Read More

Non-Farm Payrolls: fresh data from the US

July, 07 2023

Job growth in the US slowed after a sharp surge in the previous month, exceeding expectations, but... Read More

Musk will file a lawsuit against Meta

July, 07 2023

American entrepreneur and owner of the social network Twitter Elon Musk reacted to the launch of... Read More

Brent exceeded $77 per barrel

July, 07 2023

Oil quotes continue moderate growth on Friday and end the week on a positive note. The current... Read More

UAE energy minister fears oil shortage

July, 06 2023

The global oil market may face a shortage of supply if it is not enough to invest in this industry,... Read More

The US stock market declined after the publication of the Fed minutes

July, 06 2023

US stock indexes ended Wednesday's trading session in the red due to weak statistical data from... Read More

Inflation in Turkey in June slowed to the lowest since December 2021

July, 05 2023

According to the Statistical Institute of Turkey (Turkstat), inflation in the country in June... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.