Economic News
 

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

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Oil continues to win back last week's losses


February, 20 2023

On Monday, world oil prices continue to rise, leveling the decline of last week. The current... Read More

Bitcoin capitalization has overtaken Visa for the third time


February, 20 2023

Since the beginning of 2023, bitcoin has increased in price by 48%, and this has led to the fact... Read More

The People's Bank of China kept the base rate at 3.65%


February, 20 2023

The People's Bank of China has again maintained the base interest rate on loans (LPR) for a period... Read More

The Bank of Canada allowed a deviation from the generally accepted trajectory of rates


February, 17 2023

The deputy governor of the Bank of Canada, Paul Beaudry, said that the central bank intends to... Read More

Japan has confirmed its focus on abandoning Russian energy carriers


February, 17 2023

Secretary General of the Japanese Cabinet of Ministers Hirokazu Matsuno said that Japan is still... Read More

The pound paused its fall, triggered by inflation data


February, 16 2023

The British pound on Thursday stabilized in pairs with the US dollar and the single European... Read More

Europe in 2022 reduced gas consumption by 10%


February, 16 2023

According to the annual survey of one of the world leaders in the field of liquefied natural gas,... Read More

Oil prices rose sharply after falling the day before


February, 16 2023

The price of oil started to grow steadily after a day of decline on Wednesday. If yesterday the... Read More

SEC intends to tighten the time frame for stock trading


February, 15 2023

The main regulator of Wall Street, the U.S. Securities and Exchange Commission (SEC), is preparing... Read More

The share of the dollar in international settlements has reached a minimum since last winter


February, 15 2023

According to the data of the SWIFT interbank system, the share of the dollar in international... Read More

The Floki token rate jumped by 46%


February, 15 2023

The Floki token (FLOKI) exchange rate increased by 46% after the head of Tesla and SpaceX, Elon... Read More

US inflation in January slowed to 6.4%


February, 14 2023

According to the United States Department of Labor, consumer prices (CPI) in January increased by... Read More

The Fed's Board of Governors urged to continue raising the rate


February, 14 2023

Michelle Bowman, a member of the Board of Governors of the US Federal Reserve System, said that... Read More

The energy crisis cost Europe almost 800 billion euros


February, 13 2023

Due to the sharp rise in energy prices, the costs of covering household and company bills in Europe... Read More

Economic Calendar | February 13 – 17


February, 13 2023

Monday, February 13On Monday, the macroeconomic calendar is completely empty again, although in... Read More

Oil prices are declining after a sharp rise last week


February, 13 2023

At the beginning of the new trading week, oil prices are falling after a significant increase last... Read More

Binance will increase the withdrawal fee on the TRON network


February, 10 2023

According to the Binance announcement, the crypto exchange will increase the commission for the... Read More

Toyota's third-quarter profit jumped 22% due to a weak yen


February, 09 2023

Japanese automaker Toyota Motor reported on Thursday an unexpected 22% increase in operating profit... Read More

Google lost $100 billion shares due to its new chatbot fail


February, 09 2023

Shares of Google's parent company, Alphabet, fell to $100.00, reducing the company's market value... Read More

Dubai has officially legalized cryptocurrency


February, 08 2023

The Dubai Virtual Assets and Regulatory Authority (VARA) has released the long-awaited full-fledged... Read More

The oil market is on the rise in the middle of the week


February, 08 2023

Oil quotes accelerated growth on Wednesday amid hopes for a recovery in demand in China and fears... Read More

Great Britain and Italy have signed the first post-Brexit export agreement


February, 08 2023

The UK has signed the first important trade agreement with Italy after leaving the European Union... Read More

The Bank of England intends to create a digital pound


February, 07 2023

The Bank of England, together with the British Ministry of Finance, announced that they are... Read More

Bank of America has improved its forecast for global economic growth in 2023 to 2.5%


February, 07 2023

Bank of America analysts have improved the forecast of global economic growth in 2023 to 2.5%. The... Read More

Oil prices rise after the earthquakes in Turkey and Syria


February, 07 2023

On Tuesday, the price of oil is rising against the background of several factors at once. The asset... Read More

Economic Calendar | February 6 – 10


February, 06 2023

Monday, February 6 After a rather large-scale and rapid strengthening of the dollar at the end... Read More

Oil has stabilized after a sharp drop last week


February, 06 2023

At the end of last week, oil prices showed a sharp drop from the level of $84 per barrel to $79.70.... Read More

The first legal cryptocurrency has been launched in Europe


February, 03 2023

The Finnish company Membrane Finance has released a fully licensed stablecoin backed by the... Read More

S&P 500 and Nasdaq hit 5-month highs


February, 03 2023

The US stock indexes S&P 500 and Nasdaq Composite have reached their highest values in the last... Read More

Oil continues to fall at the end of the trading week


February, 03 2023

On Friday, oil quotes are declining, continuing the trend of the previous day and ending the second... 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.