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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UN: World trade shrank by 5% in 2023


December, 11 2023

According to a report published on the website of the United Nations Conference on Trade and... Read More

The S&P 500 index has reached its highest level since the beginning of the year


December, 11 2023

The S&P 500 index continues to show growth, having updated the record levels of the year.... Read More

What are the prospects for resuming the grain deal?


December, 11 2023

Progress in negotiations on the resumption of the Black Sea grain initiative is unlikely in the... Read More

Deflation in China in November amounted to 0.5% and updated a 3-year high


December, 11 2023

In November, consumer prices (CPI) in China decreased by 0.5% year-on-year, which is the maximum... Read More

German inflation slowed to 2.3% in November


December, 08 2023

According to Destatis, in November 2023, consumer prices in Germany, harmonized with European Union... Read More

Analysts warn of the longest drop in oil prices since 2018


December, 08 2023

Oil prices continue to decline and are likely to end the week in the red. Brent crude oil prices... Read More

Exports from China increased for the first time in 6 months


December, 07 2023

In November, the volume of Chinese exports increased for the first time in six months, and this is... Read More

Industrial production in Germany unexpectedly decreased by 0.4% in October


December, 07 2023

In October 2023, the volume of industrial production in Germany decreased by 0.4% compared to the... Read More

The oil market is at multi-month lows


December, 06 2023

Prices for benchmark oil brands collapsed on Wednesday, reaching multi-month lows: Brent crude fell... Read More

The Central Bank of Australia expected to leave the rate at 4.35%


December, 05 2023

The Reserve Bank of Australia (RBA) has decided to keep the key interest rate at 4.35% per annum,... Read More

India's stock market achieves $4 trillion market capitalization


December, 04 2023

The year 2023 proved to be particularly successful for the Indian economy, thanks to a significant... Read More

The Turkish lira has collapsed to a new historical low


December, 04 2023

The Turkish lira hit a new historic low at the start of trading on Monday. The dollar exchange rate... Read More

Brent dropped below the level of $78 per barrel


December, 04 2023

On Monday, there is a significant decrease in oil prices. The current Brent quote is $78.25 per... Read More

Bloomberg: what is the reason for the «roller coaster» in the oil markets


December, 01 2023

Today, oil trading resembles a roller coaster, and trading bots are behind it, Bloomberg analysts... Read More

The share price of Coinbase has tripled in 2023


December, 01 2023

Coinbase shares have shown impressive growth of 62% this year, reflecting the optimism prevailing... Read More

Canada's GDP in the third quarter unexpectedly fell by 1.1%


November, 30 2023

According to the Statistics Department of Canada, the country's economy in the third quarter of the... Read More

OPEC+ countries agreed to further reduce oil production by 2 million b/d


November, 30 2023

At today's online meeting of OPEC+, the alliance countries reached a preliminary agreement on a... Read More

Oil is growing, waiting for the verdict from the OPEC+ summit


November, 30 2023

On Wednesday and Thursday, oil shows steady growth in anticipation of the outcome of the OPEC+... Read More

Inflation in the eurozone in November slowed to the lowest since July 2021


November, 30 2023

According to preliminary data from Eurostat, inflation in the eurozone in November 2023 amounted to... Read More

Bitcoin set a record since the beginning of the year


November, 29 2023

Bitcoin has gained 3% in the last 24 hours and exceeded the $38,000 mark. Thanks to this, the BTC... Read More

Gold prices soared to almost a 7-month high


November, 29 2023

During Wednesday's trading, gold prices rose sharply, reaching the highest level in almost seven... Read More

Media: OPEC+ meeting may be postponed again


November, 28 2023

Negotiations within the framework of the Organization of Petroleum Exporting Countries and its... Read More

Crypto industry news: record investment growth recorded


November, 28 2023

According to the Coinshares report, the volume of investments in cryptocurrency products has... Read More

The price of gold has reached a maximum in six months


November, 27 2023

At the beginning of the week, the price of gold exceeded the threshold of $2,000 per ounce,... Read More

Americans spent a record $9.8 billion online on Black Friday


November, 27 2023

According to the forecast of Adobe Analytics, online sales in the United States during Black Friday... Read More

Economic Calendar | November 27 – December 1


November, 27 2023

Monday, November 27As a rule, the macroeconomic calendar on Mondays is completely empty, but this... Read More

Mexico's economic growth exceeded forecasts in the third quarter


November, 24 2023

Mexico's economic growth in the third quarter surpassed expert forecasts, signaling a stabilization... Read More

Amazon workers staged strikes across Europe on Black Friday


November, 24 2023

Amazon employees in different parts of Europe have announced plans to stage strikes on Black... Read More

The ECB will take a break to assess the impact of the rate hike


November, 24 2023

The head of the European Central Bank, Christine Lagarde, announced the possibility of taking a... Read More

Inflation in Japan in October accelerated to the highest in three months


November, 24 2023

In Japan, there is an acceleration in the rate of inflation. According to the report of 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.