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.

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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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The yuan came under pressure amid problems in the Chinese housing market


July, 27 2022

On Wednesday, the Chinese yuan showed a decline against the background of weak demand for loans,... Read More

Brent slightly grows on API data


July, 27 2022

On Wednesday morning, the price of oil is growing slightly after the release of statistics from the... Read More

Gold is slightly declining in anticipation of the decision of the US Federal Reserve


July, 26 2022

The price of gold is moderately declining in anticipation of the decision of the US Federal Reserve... Read More

Economic calendar | July 25 – 29


July, 26 2022

Monday, July 25The macroeconomic calendar on Monday is absolutely empty, but this is even for the... Read More

Gas prices in Europe jumped above $1,900


July, 26 2022

According to the London ICE exchange, gas prices in Europe are rising moderately on Tuesday and are... Read More

Experts called the reasons for the imminent decline of the dollar


July, 26 2022

The growth of the US dollar has been going on for more than a year, and this strengthening is due... Read More

The sterling is under pressure amid economic problems in Britain


July, 25 2022

On Monday, the exchange rate of the British pound/US dollar currency pair is holding near the level... Read More

The dynamics of gold depends on the rate decision of the US Federal Reserve


July, 25 2022

The precious metals market has recently demonstrated quite high volatility. And if last week the... Read More

Brent fell below $98 per barrel


July, 25 2022

World oil prices continue the decline, which began at the end of last week. The current Brent quote... Read More

Economic statistics from Germany led to the morning fall of the euro


July, 22 2022

The exchange rate of the European currency paired with the US dollar collapsed at the beginning of... Read More

Investors began to hedge the risks of Italy's exit from the eurozone


July, 22 2022

The political crisis in Italy has forced investors to think about the risks of the country's exit... Read More

The ECB raised the rate by 50 bps at once for the first time in 11 years


July, 21 2022

During today's meeting of the European Central Bank, a historic decision was made – for the first t... Read More

Tesla has sold 75% of its bitcoins


July, 21 2022

Yesterday, bitcoin reached a local maximum near $24 276, significantly moving away from last week's... Read More

Asia has become more active in buying LNG for the winter


July, 21 2022

Asian countries have begun to actively purchase liquefied natural gas (LNG) for the autumn and... Read More

European stock exchanges decline before the ECB meeting


July, 21 2022

The main stock indexes of Europe are declining on Thursday – investors are waiting for the p... Read More

Inflation in Canada in June reached the highest since 1983


July, 20 2022

According to Statistics Canada, inflation reached 8.1% in June. The last time such values were... Read More

Bitcoin rally continues and pushes a number of stocks to rise


July, 20 2022

Yesterday's sharp rally of bitcoin continues today. The current BTC quote is $23982, although... Read More

The EU is again concerned about its energy prospects


July, 20 2022

The European Union intends to prepare for the upcoming winter without relying solely on Russian... Read More

Oil is moderately cheaper in the middle of the week


July, 20 2022

Oil quotes are moderately declining on Wednesday after yesterday's growth to the highest since the... Read More

Bitcoin reached a month-high


July, 19 2022

The bitcoin exchange rate has risen to a monthly maximum, and the Coinbase cryptocurrency exchange... Read More

Inflation in the eurozone in June reached a record 8.6%


July, 19 2022

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

Economic calendar | July 18 – 22


July, 18 2022

Monday, July 18Traditionally, the macroeconomic calendar is completely empty at the beginning of... Read More

What is the impact of the weakened euro on the European economy?


July, 15 2022

Last year, the euro lost almost 15%, and the other day it reached parity with the US dollar. The... Read More

Europe has become the largest buyer of American oil


July, 15 2022

Europe has become the largest buyer of American oil for the first time in 6 years, overtaking Asia... Read More

What awaits the euro this summer?


July, 14 2022

The exchange rate of the single European currency is likely to remain at parity with the US dollar... Read More

The Beige Book: US economy is constrained by the possibility of a recession


July, 14 2022

Last night, the Beige Book was published – a summary of the comments of the US Federal Reserve on t... Read More

The European Commission predicts the highest inflation in Europe in history


July, 14 2022

The European Commission has worsened the forecast for inflation in the EU countries in 2022 from... Read More

The price of Brent has fallen to a five-month low


July, 14 2022

The price of oil continues to decline, reaching a minimum of more than five months at $97.29 per... Read More

The US and China discussed the ceiling of prices for Russian oil


July, 13 2022

US Treasury Secretary Janet Yellen discussed with Vice Chairman of the State Council of the... Read More

Inflation in the US has reached its highest level since 1981


July, 13 2022

According to the United States Department of Labor, annual inflation in the country accelerated in... 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.