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.

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Latest Economic News

China gave way to the United States as Germany's main trading partner


May, 17 2024

In the first quarter of 2024, China gave way to the United States as Germany's main trading partner, according to a report by the Federal Statistical Office of Germany (Destatis).During this period, Germany reduced exports to China by 1.1% compared to the same period last year – to 24 billion euros. The volume of German imports from China decreased by 11.7% to 36 billion euros. China accounted for 10.9% of the country's total imports in January-March. More than 25% of electric vehicles impo... Read More

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Oil falls in price after the publication of data on inflation in Europe


April, 19 2023

The price of oil fell sharply on Wednesday, reaching lows since the end of March in the area of... Read More

Inflation in the eurozone in March slowed down to 6.9%


April, 19 2023

According to the final data of the Statistical Office of the European Union, consumer prices in the... Read More

Europe and Asia are facing an oversupply of LNG


April, 19 2023

Analyzing the global raw materials market, experts note that it is gradually becoming oversaturated... Read More

The British pound makes sharp turns


April, 18 2023

A few months ago, the UK was considered a country on the verge of the longest recession in history,... Read More

The oil market is unstable at the beginning of a new trading week


April, 17 2023

Oil quotes show high volatility at the beginning of the new trading week in the price range of... Read More

Economic Calendar | April 17 – 21


April, 17 2023

Monday, April 17 The macroeconomic calendar on Monday is absolutely empty, and if there are no... Read More

U.S. unexpectedly shows signs of deflation


April, 14 2023

According to the report, producer prices (PPI) in the United States unexpectedly fell in March.... Read More

FTX crypto exchange intends to return to work


April, 14 2023

Representatives of the FTX cryptocurrency exchange, which collapsed at the end of last year, said... Read More

Ethereum has risen in price by 10% in just a day


April, 14 2023

On Friday, the second most valuable cryptocurrency, ethereum, rose sharply from the level of $2,005... Read More

US stock indexes declined on the Fed's minutes and inflation data


April, 13 2023

US stock indexes ended trading in the red on Wednesday after the release of inflation statistics... Read More

US inflation in March slowed to the lowest since May 2021


April, 12 2023

According to the US Department of Labor, consumer prices (CPI) increased by 5% year-on-year in... Read More

The oil market is growing in the middle of the week


April, 12 2023

Oil quotes on Wednesday continue to follow the dynamics of yesterday, when prices rose sharply from... Read More

US follows China to restrict ChatGPT


April, 12 2023

The White House administration, following the Chinese authorities, stated that it needs a public... Read More

Twitter has ceased to exist as a separate company


April, 11 2023

Twitter Corporation ceased to exist as a separate company as a result of a merger with X Corp.,... Read More

Alibaba introduced its competitor for ChatGPT


April, 11 2023

The Chinese company Alibaba has introduced its artificial intelligence technology, which will... Read More

Bitcoin has exceeded $30,000 for the first time since last summer


April, 11 2023

On Tuesday, the value of the most popular cryptocurrency continues to grow, reaching $30,357 for... Read More

200% tariff imposed on Russia aluminum entered into force


April, 10 2023

From today, a duty of 200% on the import of aluminum products into the United States, in which... Read More

Oil dropped below $85 at the beginning of a new trading week


April, 10 2023

On Monday, the price of oil is declining after a jump last week caused by the decision of a number... Read More

Economic Calendar | April 10 – 14


April, 10 2023

Monday, April 10Despite the fact that the macroeconomic calendar on Monday is completely empty due... Read More

Wall Street futures rise after US unemployment data


April, 07 2023

According to trading data, futures on US stock indexes on Friday moved to growth after the... Read More

Bloomberg: bitcoin will soon be comparable to gold or Treasury bonds


April, 07 2023

Bloomberg Intelligence senior macro strategist Mike McGlone opined that the bitcoin network has... Read More

Ethereum has risen to $1,900 on the background of a hard fork


April, 06 2023

The value of the second most popular cryptocurrency, Ethereum, jumped on Thursday to a nine-month... Read More

The Reserve Bank of India unexpectedly kept the base rate at 6.5%


April, 06 2023

On Thursday, the Reserve Bank of India (RBI) unexpectedly kept its key interest rate at 6.5% per... Read More

Industrial production in Germany in February grew significantly higher than forecast


April, 06 2023

According to the German Federal Statistical Office Destatis, industrial production in February... Read More

What awaits the German economy in 2023?


April, 05 2023

In the first quarter of the year, German GDP grew by 0.1% after shrinking by 0.4% in the fourth... Read More

The price of gold has almost reached a record of 2020


April, 05 2023

On Wednesday, gold prices continue to rise, following the dynamics of yesterday and approaching a... Read More

The dollar index fell to a 2-month low


April, 05 2023

On Wednesday, the dollar index fell to its lowest value in two months after labor market data... Read More

Tesla shares drop after deliveries report


April, 04 2023

On Monday, Tesla shares fell by more than 4% amid growing concerns about the company's profits... Read More

The oil market continues to rise


April, 04 2023

The price of oil continues to rise on Tuesday after the highest jump in a year following the... Read More

The Reserve Bank of Australia kept the rate at the maximum since May 2012


April, 04 2023

Following today's meeting, the Reserve Bank of Australia (RBA) decided not to change the key... 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.