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

The yen is strengthening after a sharp decline against the dollar


April, 29 2024

The exchange rate of the Japanese yen against the US dollar continues to strengthen, reaching 155 yen, which represents a noticeable improvement after falling to the lowest value in the last 34 years, which exceeded 160 yen. Market experts suggest that this strengthening may be the result of currency intervention carried out by the financial authorities of Japan, although official information about this has not yet been received.The main reason for the continued decline in the national curr... Read More

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Gold has fallen to a minimum in six months


July, 06 2022

Gold prices collapsed below $1,750 an ounce for the first time since March last year. The current... Read More

Oil dropped below $100 for the first time since April


July, 06 2022

The price of Brent crude oil dropped below $100 per barrel for the first time since April 25. The... Read More

The strike in Norway ended after the authorities intervention


July, 06 2022

The strike of representatives of the oil and gas industry in Norway ended after the intervention of... Read More

Gas prices in Europe may rise to $2000


July, 05 2022

Experts suggest that the cost of natural gas in Europe may rise to $2,000 per thousand cubic meters... Read More

Strike in Norway threatens to intensify the energy crisis in Europe


July, 05 2022

The Norwegian trade union Lederne and its workers have announced the start of a strike, which... Read More

Japan imposed an embargo on gold imports from Russia


July, 05 2022

Tokyo announced the prohibition on the import of gold from Russia in connection with the situation... Read More

Bank of Canada: companies’ inflation expectations hit record


July, 05 2022

A quarterly survey by the Bank of Canada showed that an increasing number of companies in the... Read More

Goldman Sachs: the market may collapse even after a massive sale


July, 04 2022

Analysts at Goldman Sachs bank believe that in the current conditions, the stock market has more... Read More

Germany records first monthly trade deficit since 1991


July, 04 2022

The German authorities announced that in May, for the first time in 30 years, a trade deficit of... Read More

Russia intends to occupy 25% of the global coal market by 2050


July, 04 2022

Pyotr Bobylev, director of the Coal Industry Department of the Ministry of Energy, said that Russia... Read More

Economic Calendar | July 4 – 8


July, 04 2022

Monday, July 4 As a rule, the economic calendar is empty on Mondays, but not this time.... Read More

Five reasons for the «bearish» bitcoin rally


July, 01 2022

Bitcoin in 2022 lost about 58% of its value, demonstrating the worst quarterly performance since... Read More

Germany predicted a recession due to the fall in Russian gas supplies


July, 01 2022

Deutsche Bank experts believe that European countries will face a serious new shock as a result of... Read More

The Asian market is trading mixed amid the «hawkish» comments of the world's central banks


June, 30 2022

On Thursday, the stock market of the Asia-Pacific region shows mixed dynamics, as investors... Read More

Oil prices rise amid fears of supply shortage


June, 29 2022

On Wednesday, the oil market is showing an upswing: Brent quotations rose to the level of $116.22... Read More

German inflation unexpectedly slowed to 8.2% in June


June, 29 2022

According to preliminary data from the German Federal Statistical Office (Destatis), consumer... Read More

The Bank of Japan intends to continue ultra-soft policy


June, 29 2022

The Bank of Japan announced that it intends to continue to adhere to an ultra-soft monetary policy,... Read More

Bitcoin continues weak attempts to recover


June, 28 2022

Price fluctuations of the most popular cryptocurrency continue: bitcoin has again lost the... Read More

China is building a yuan currency reserve


June, 28 2022

The People's Bank of China announced the creation of a reserve in yuan jointly with five other... Read More

Goldman Sachs: oil will rise to $140 this summer


June, 28 2022

Experts from one of the world's largest investment banks, Goldman Sachs, predict that this summer... Read More

G7 countries intend to «cut off» Russia from world markets


June, 27 2022

During the G7 summit, the leaders of the member-countries agreed to cut off Russia from... Read More

The dollar index declined amid the assessment of the Fed's actions


June, 27 2022

On Monday, the US dollar index slightly moved away from the 20-year high reached on June 15 at... Read More

Oil prices are stable near $110 per barrel


June, 27 2022

At the beginning of the new trading week, the price of oil remains stable after a steady rise on... Read More

Economic calendar | June 27 – July 1


June, 27 2022

Monday, June 27The new trading week could start with a weaker dollar as durable goods orders are... Read More

The US consumer sentiment index fell to an all-time low


June, 24 2022

Michigan Consumer Sentiment Index, a measure of household confidence in the US economy, dropped to... Read More

Solana intends to launch its own blockchain smartphone


June, 24 2022

Cryptocurrency Solana has grown by almost 25% in a week. Analysts note that none of the top 10... Read More

Germany intends to nationalize its section of Nord Stream 2


June, 24 2022

The German Ministry of Economy is considering the possibility of nationalizing part of the Nord... Read More

Oil rises after a local decline


June, 23 2022

Yesterday, oil finished trading lower from $112.40 per barrel to $108.05. But already on Thursday,... Read More

The Asian market fell after Powell acknowledged the risk of a recession


June, 23 2022

The stock market of the Asia-Pacific region on Thursday morning is mainly reduced. Investors... Read More

What will affect the dynamics of the market today? | June 23, 2022


June, 23 2022

Yesterday, the US stock market showed modest growth after the head of the US Federal Reserve Jerome... 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.