Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

Saudi Arabia and India became the largest buyers of Russian fuel oil

August, 26 2025

According to LSEG data, Saudi Arabia and India became the main export destinations of Russian fuel oil and vacuum gas oil (VG) in July.Shipments to Saudi Arabia totaled about 1.1 million tons, which is comparable to June. Most of the volumes are used for power plants, which traditionally burn oil and fuel oil with a high sulfur content during the summer peak of energy consumption.Shipments to India increased by 65%, reaching 0.6 million tons. Indian refineries purchase Russian fuel oil and LNG a... Read More

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Demonetisation of 100-Bolivar Notes

December, 12 2016

The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Read More

EU Stocks Surge, Extend its Longest Rallying Streak in Two Years

December, 12 2016

European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Read More

Shifts in ECB QE Lead to Market Confusion

December, 09 2016

The market was left in a state of general confusion after the European Central Bank publicized its... Read More

GBP Hits Highest Level in Two Months as Market Hopes UK Government Loses Brexit Case

December, 08 2016

The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Read More

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