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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Ireland’s Household Debt Has Fallen but Remains Fourth in the Most Indebted Nation in EU


May, 11 2017

The household debt of Ireland had collapsed for more than 20 times which appeared to be much apace... Read More

Draghi in Hot Water Following ECB Stimulus Hearing at The Hague


May, 11 2017

ECB’s Mario Draghi and Dutch lawmakers from The Hague are now in conflict following discussions on ... Read More

Demonetisation Slowed Down Indian Economy


May, 10 2017

The International Monetary Fund issued a regional forecast for India this month and predicted that... Read More

High Demand for Bitcoin Hit a Record High $1,760


May, 10 2017

The Bitcoin attained a record high on Tuesday because of an upsurge demand for crypto-assets and... Read More

FBI Chief Comey Sacked by Trump


May, 10 2017

President Trump has fired FBI Director James Comey yesterday in a sudden turn of events in the... Read More

Euro Fell Against the Dollar in the Post-French Election


May, 09 2017

The common European currency tumbled on Monday from its highs due to the triumph of centrist wing... Read More

White House Fiscal Policies, Fed Asset Shrink could Trigger Rate Surge


May, 09 2017

The US economy’s long-term interest rates could be in for an upward pressure in the long haul as t... Read More

China Trades Rose Less than expected; Large Trade Surplus


May, 08 2017

Both imports and exports of China soared in April but were below expectations of analysts since... Read More

Oil Cut Production May Extend Beyond 2017, Says Minister of Saudi


May, 08 2017

Khalid Al-Falih, oil minister of Saudi Arabia showed confidence with regards to the deal to limit... Read More

As Unemployment Rate Drops, US Economy on its Way to Recovery


May, 08 2017

The US Labor Department has released its US job report for April, wherein it indicated that... Read More

Economy of Australia Remained Steady, says RBA


May, 05 2017

The central bank of Australia made some slight changes in its GDP rate and inflation projection... Read More

Malaysia Exports Exceeded Expectations in March


May, 05 2017

The growth of annual exports in March has been sluggish as shown in the government data released on... Read More

Trade Disparity Between US and Mexico Expands


May, 05 2017

The MXN experienced downward pressure after trade war anxieties stemming from Trump’s tough take o... Read More

BI Positive Outlook for 1st quarter GDP Despite Sluggish growth


May, 04 2017

The economy of Indonesia is anticipated to gain momentum in the first quarter because of growth in... Read More

Stronger Indian Rupee Provided Positive Impact to Masala Bonds


May, 04 2017

The Indian Rupee (INR) strengthened against the American dollar, while the masala bonds could take... Read More

Negative Q1 US GDP Report Actually Good, According to Economists


May, 04 2017

The US economy has recently recorded its slowest growth rate within a three-year period during the... Read More

Singaporean Economy Dropped to 1.9% in 2017


May, 03 2017

Singapore labeled as the Lion City is expected to wrap up the year reaching 1.9% growth in the... Read More

Quadrupled-leverage ETFs Consented by U.S. SEC


May, 03 2017

The Securities and Exchange Commission has allowed a quadruple leverage in exchange traded funds... Read More

Fed March Hike Not Possible, But June Hike Still on the Table


May, 03 2017

Members of the financial industry are no longer expecting the Federal Reserve to push through with... Read More

RBA Maintained Current Rates Amid Wage Risks


May, 02 2017

The Reserve bank of Australia kept their rates unchanged for nine succeeding months on Tuesday... Read More

U.S Economy Probably Expand by 3% in Two Years, Says Mnuchin


May, 02 2017

According to Steven Mnuchin, U.S Treasury Secretary, the economic growth of the United States could... Read More

US Consumer Spending Surges, Consumer Prices Crash Following Inflation


May, 02 2017

American consumer spending grew at a steady rate last month following an inflation surge, enabling... Read More

Riksbank To Extend Its Bond Buying Programme for Six Months


April, 28 2017

According to Thursday’s statement from the Swedish central bank, they will limit the size of its b... Read More

ECB Maintains its Stimulus, Leaves Interest Rates Unchanged


April, 28 2017

It seems that the European Central Bank is not so keen on loosening its grip on its current... Read More

China’s Banking Regulators Eased Loan Transfer


April, 27 2017

The policy for non-performing loan transfer was loosened to allow to permit lenders to sell... Read More

Japanese Central Bank Kept Monetary Policy Unchanged with Positive Projections


April, 27 2017

The Bank of Japan has greater economic predictions amid its policy meeting result announced on... Read More

NAFTA Dangers Sends MXN Plunging


April, 27 2017

The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following... Read More

Credit Suisse Sets to Raise $4B CHF Rights Offering


April, 26 2017

Credit Suisse bank increased its capital estimated by 4 billion Swiss francs equivalent to 4... Read More

Sweden-Maharashtra Collaboration For Climate Issues


April, 26 2017

The Kingdom of Sweden seems eager to join forces with Maharashtra with regards to waste disposal,... Read More

March New Home Sales Surge by 5.8%


April, 26 2017

The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an... 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.