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

Oil prices rose, breaking a two-week losing trend


April, 27 2024

On Friday evening, oil prices rose, breaking a two-week downward trend. Oil is growing, even despite the ongoing geopolitical tensions and the strengthening of the dollar after the publication of inflation data in the United States.The current price of Brent oil is $89.38 per barrel, yesterday's maximum was marked at $89.77. North American WTI crude is trading at $83.66 per barrel.The market was supported by data from the US Department of Energy, indicating a more significant than expected reduc... Read More

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What awaits the Chinese economy in 2024?


December, 26 2023

The Conference Board predicts that the Chinese economic recovery is unlikely to reach pre-pandemic... Read More

China and Saudi Arabia have challenged the dominance of the dollar


December, 25 2023

Relations between China and Saudi Arabia continue to improve – this became even more obvious after t... Read More

The yuan came in fourth place among world currencies


December, 22 2023

In November of this year, the share of the Chinese yuan in international settlements reached 4.61%,... Read More

Gold prices fluctuate amid concerns about the Fed


December, 21 2023

On Thursday, in Asian trading, gold prices remained almost unchanged, strengthening in the... Read More

Toyota shares experienced the biggest drop in 1.5 years


December, 21 2023

Shares of the Japanese car company Toyota are showing a significant decline – the most significant i... Read More

Bitcoin ETF from BlackRock will allow cash buyback


December, 20 2023

BlackRock, one of the largest asset managers in the world, has made changes to its proposed bitcoin... Read More

Experts named the main risk for the US stock market in 2024


December, 20 2023

Experts from Ned Davis Research express concerns about the American stock market next year,... Read More

Inflation in the UK in November slowed to the lowest since September 2021


December, 20 2023

According to a report by the National Statistical Office of the United Kingdom, consumer prices in... Read More

Pakistan bought Russian grain for UAE dirhams for the first time


December, 20 2023

According to government data, in November, for the first time, Pakistan paid for the supply of... Read More

Russia remains the leader in oil supplies to China


December, 20 2023

For the period from January to November 2023, Russia continues to be the leader in oil supplies to... Read More

Inflation in the eurozone slowed to 2.4% in November


December, 19 2023

According to the statistical office of the European Union Eurostat, in November consumer prices in... Read More

The price of Brent oil exceeded $78 per barrel


December, 19 2023

Brent oil prices remained stable at $78 per barrel on Tuesday after rising to a local high of... Read More

The Bank of Japan has retained the monetary policy parameters


December, 19 2023

The Bank of Japan has decided to leave unchanged the main parameters of its monetary policy after... Read More

Adobe refused to purchase Figma


December, 18 2023

The American company Adobe Inc. She refused the deal to purchase the owner of the Figma interface... Read More

Hungary may lose the right to vote in the EU because of Ukraine


December, 18 2023

The EU authorities are considering the possibility of depriving Hungary of the right to vote in... Read More

Oil prices are rising amid the situation in the Red Sea


December, 18 2023

The price of oil is rising on Monday amid concerns about possible disruptions in the supply of raw... Read More

Britain has imposed an embargo on exports of dual-use goods to Russia


December, 15 2023

The UK has announced the introduction of a new package of sanctions against Russia, which includes... Read More

Oil recovered to $77 per barrel


December, 15 2023

Oil prices continued to rise on Friday after rising 3% in previous trading, ending the first week... Read More

The ECB has kept all three key interest rates at the same level


December, 14 2023

The European Central Bank did not change key interest rates after Thursday's meeting.According to... Read More

Oil prices recover after reaching 6-month lows


December, 14 2023

Oil prices continue to recover after falling to the lows marked more than 6 months ago. The current... Read More

The US Federal Reserve kept the rate at 5.25-5.5%


December, 14 2023

The US Federal Reserve System (FRS) has decided for the third time in a row to leave the base... Read More

Experts: what will the devaluation of the peso in Argentina lead to?


December, 13 2023

The devaluation of the peso in Argentina has already become a common practice among right-wing... Read More

Gold prices fell below $2,000 ahead of the Fed meeting


December, 13 2023

Today, gold prices continue to hold below the important $2,000 level, as investors have become more... Read More

The value of SpaceX soared to $180 billion as a result of the tender offer


December, 13 2023

According to Bloomberg News, Elon Musk's company SpaceX plans to sell its shares at a price of $97... Read More

Argentina has announced a two-fold devaluation of the peso


December, 13 2023

The Argentine authorities decided to devalue the official exchange rate of the national currency of... Read More

Brent crude oil dropped to 5-month lows


December, 13 2023

Oil prices continue to decline under pressure from concerns about weakening energy demand and amid... Read More

The IMF noted the risk of a new cold war between the United States and China


December, 12 2023

According to IMF representative Gita Gopinath, the United States and China risk starting a «new ... Read More

The Central Bank of Argentina has limited access to dollars due to preparations for reforms


December, 12 2023

The central bank of Argentina has decided to limit access to dollars at the official exchange rate... Read More

Indices of economic expectations in Germany and the eurozone rose to multi-month highs


December, 12 2023

The index of economic expectations of investors and analysts in Germany for the next six months,... Read More

China will eliminate import duties for goods from six African countries


December, 11 2023

China announced the introduction of zero import duties for 98% of goods from Angola, Zambia, the... 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.