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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US stock market demonstrates growth


August, 02 2021

According to the trading data, the main US stock indexes are growing on Monday on internal... Read More

Cryptocurrency market in the first week of August


August, 02 2021

At the end of the last week of July, almost all cryptocurrencies completed trading in positive... Read More

Gold market in the first week of August


August, 02 2021

Last week, the price of gold rose to $1,832 per troy ounce. However, analysts note that the asset's... Read More

US stock indices decline on macroeconomic statistics


July, 30 2021

Major US stock indexes are falling on Friday after the publication of statistics on GDP and... Read More

The number of bitcoins on crypto-exchanges fell to the level of 2018


July, 30 2021

Over the past 24 hours, cryptocurrency exchanges have recorded a decrease in the number of bitcoins... Read More

The number of applications for unemployment benefits in the United States fell worse than expected


July, 29 2021

According to the US Department of Labor, the number of initial jobless claims for the week ended... Read More

Data on US inventories supported oil prices


July, 29 2021

On Thursday, oil prices began to rise, supported by data on declining US energy inventories. The... Read More

Results of the US FRS meeting weaken the dollar


July, 29 2021

The results of yesterday's meeting of the US FRS were perceived by the market rather calmly and led... Read More

Central banks around the world are actively buying gold


July, 29 2021

According to a report by the World Gold Council (WGC), in the second quarter of 2021, central banks... Read More

ME shares rise amid recovery in Chinese exchanges


July, 28 2021

Emerging market equities rallied Wednesday after declining 5% in the previous three sessions. The... Read More

Poland has accepted the completion of the Nord Stream-2 construction


July, 28 2021

A spokesman for the Polish government, Piotr Müller, said that the country's authorities have ... Read More

Chinese stocks are hitting the worst crash since 2008


July, 27 2021

According to the results of the last two trading sessions, shares of Chinese companies listed in... Read More

China talks about the impasse in relations with the United States


July, 26 2021

Xie Feng, Deputy Foreign Minister of the People's Republic of China, said that US-China relations... Read More

Gold grows amid demand for defensive assets


July, 26 2021

Gold prices rallied on Monday amid rising demand for the defensive asset amid a weakening dollar... Read More

China was suspected of wanting to completely ban bitcoin


July, 26 2021

Bobby Lee, one of the first crypto billionaires in China and the founder of the BTC China crypto... Read More

Oil drops due to coronavirus


July, 26 2021

On Monday, the oil market showed a decline in Brent to $72.23 per barrel, which, however, was... Read More

Economic Calendar | July 26 – July 30


July, 26 2021

Monday, July 26On Monday, the macroeconomic calendar is almost empty again, and the market will... Read More

Oil rises after data on US oil reserves


July, 09 2021

The oil market is showing an upturn at the end of the week after the release of data on US oil... Read More

The number of applications for unemployment benefits in the US unexpectedly rose


July, 08 2021

According to the US Department of Labor, the number of initial applications for unemployment... Read More

Russia tries to rescue stalled OPEC+ talks


July, 08 2021

Russia is trying to help resolve disputes between Saudi Arabia and the UAE in negotiations on a... Read More

The ECB intends to raise the inflation target to 2%


July, 08 2021

The leaders of the European Central Bank (ECB) announced that the regulator will raise the... Read More

The EC raised its forecast for growth and inflation in the eurozone


July, 07 2021

The European Commission has revised upward its estimates of economic growth in the eurozone in 2021... Read More

Protective Assets: Gold or Cryptocurrency?


July, 07 2021

Goldman Sachs experts are confident that in the future Ethereum will be able to take the place of... Read More

Gold rises above $1,800 amid a weakening dollar


July, 06 2021

The price of gold on Tuesday is growing, breaking the key level of $1,800 per troy ounce. The... Read More

European stock exchanges decline on statistics for Germany


July, 06 2021

The main stock indexes in Europe on Tuesday decreased after the publication of statistics on... Read More

The OPEC+ meeting cancellation led to an increase in oil prices


July, 06 2021

On Tuesday, Brent crude prices started to rise and hit their highs since 2018 at $77.80 a barrel.... Read More

Eurozone PMI supported the euro


July, 05 2021

On Monday, the rate of the single European currency began to rise after the publication of... Read More

UAE will not support the extension of the OPEC + deal


July, 05 2021

The UAE intends to abandon the plan to extend the oil production limitation agreement beyond April... Read More

Economic Calendar | July 5 – July 9


July, 04 2021

Monday, July 5On Monday, the final data on business activity in many countries, both composite and... Read More

Payrolls for June: the economy returned 850 thousand jobs


July, 02 2021

The US Labor Department released its June employment report, according to which the country's... 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.