Economic 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.

This Week News

China and US negotiate ahead of new round of tariffs

December 12, 2019

The Chinese Ministry of Commerce said today that Beijing and Washington are in close contact on a further trade agreement. At the same time, the Minis...

US inflation firms in November

December 11, 2019

According to the Labor Department, U.S. consumer prices increased solidly in November by 2.1% compared with the same month the previous year. Thus, in...

Oil prices are in the red amid worries about a trade war

December 10, 2019

Oil prices continue to decline on Tuesday, as concerns over slowing demand outweighed optimism after reaching an OPEC + agreement to increase producti...

German exports rose unexpectedly in October by 1.2%

December 09, 2019

According to the Federal Statistical Office data, exports from Germany rose in October by 1.2% compared to September. Import figures have not changed....

Strong labor market report pushes the dollar up

December 06, 2019

According to the US Department of Labor, US unemployment in November fell to 3.5%, the lowest level since December 1969. October indicator was fixed a...

The number of initial claims for unemployment benefits in the US fell by 10 thousand

December 05, 2019

According to the report of the US Department of Labor, the number of Americans filing applications for unemployment benefits unexpectedly fell last we...

U.S. private sector job growth slows down sharply in November

December 04, 2019

According to the press release from the analytical company Automatic Data Processing (ADP), U.S. private-sector employment increased only 67,000 in No...

Trump: The deal with China will have to wait until the 2020 elections

December 03, 2019

U.S. President Donald Trump noted that he could postpone the signing of a trade agreement with China for an indefinite period, until the US presidenti...

China imposed sanctions against a number of US organizations

December 02, 2019

According to a statement by representatives of the Ministry of Foreign Affairs of the People's Republic of China, the Chinese authorities imposed sanc...

Eurozone inflation rebounds more than expected

November 29, 2019

According to preliminary estimates of European statistical agency Eurostat, annual inflation in 19 countries of the Eurozone in November jumped to 1% ...

Bitcoin Price rose up to $7500 after a drawdown

November 28, 2019

After a drawdown amid the news about the hacking of the Upbit exchange, the price of bitcoin showed a sharp increase. The current cryptocurrency quote...

US GDP growth revised up to 2.1%

November 27, 2019

According to the press release from the US Department of Commerce, the US economy grew at a 2.1% annual pace in the III quarter, which exceeded foreca...

Oil gains on trade-talk optimism

November 26, 2019

According to trading data, world oil prices began to rise today amid optimism around the prospects for trade relations between the US and China. Addit...

Top Top