Economic News
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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 are on the rise due to the situation in the Middle East


May, 06 2024

Oil prices rose slightly on Monday after the strongest weekly drop in seven months. Brent quotes rose to $83.70 per barrel. North American WTI crude is trading near $79.00.This came amid growing signs that recent cease-fire talks between Israel and Hamas have not made significant progress. The media reported that the last round of negotiations ended without reaching an agreement. This happened after the Israeli strike on Rafah, which killed at least 10 people.The ongoing conflict increases expec... Read More

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The Bank of England sees the need to keep the rate near 5.25% for a long time


August, 31 2023

According to the chief economist of the Bank of England, Hugh Pill, a more preferable option for... Read More

Inflation in Germany in August slowed to 6.4%


August, 30 2023

According to preliminary data from the Federal Statistical Office of the country Destatis, in... Read More

Brent rose above $85.50 per barrel


August, 30 2023

On Wednesday morning, oil quotes continued their growth after rising the day before, caused by... Read More

The yuan may reach a record low this year


August, 29 2023

Analyzing the dynamics of the Chinese yuan, experts suggest that the currency may fall to the rate... Read More

Analysts expect China's GDP to grow by 5.1% in 2023


August, 29 2023

Experts continue to assess China's prospects very cautiously, continuing to adjust forecasts for... Read More

Unemployment in Japan in July unexpectedly rose to the highest in 4 months


August, 29 2023

According to the Ministry of Internal Affairs and Communications of Japan, unemployment... Read More

The problems of the Chinese economy are threatening global growth


August, 28 2023

The Chinese economy, which ranks second in the world in size, was projected to provide a third of... Read More

Shares of Evergrande have fallen by almost 90%


August, 28 2023

Shares of Chinese developer Evergrande fell 87% on the first day of trading on the Hong Kong stock... Read More

Powell: The Fed is ready to raise the rate further


August, 28 2023

The head of the US Federal Reserve, Jerome Powell, said on Friday that the central bank is ready... Read More

Economic Calendar | August 28 – September 1


August, 28 2023

Monday, August 28Despite the absence of significant events in the macroeconomic calendar at the... Read More

What to expect from Powell's speech?


August, 25 2023

Today, the head of the US Federal Reserve, Jerome Powell, will deliver a keynote speech at an... Read More

Oil prices rise amid global inventory decline


August, 25 2023

On Friday afternoon, world oil prices accelerated their growth by more than 1%. The increase is... Read More

The dollar rose to a maximum and ends the seventh consecutive week of growth


August, 25 2023

On Friday, the US dollar showed a strengthening against its major rival currencies, reaching its... Read More

Germany's GDP in the second quarter did not change


August, 25 2023

In the second quarter of 2023, Germany's GDP remained unchanged compared to the previous three... Read More

Payment alternatives within the BRICS can work in a couple of months


August, 24 2023

The creation of their own payment mechanisms will allow the BRICS countries to reduce their... Read More

The lira rose sharply after the Central Bank of Turkey increased rate


August, 24 2023

The Turkish lira began to rise against the dollar on Thursday after the announcement of the results... Read More

Six new countries will join BRICS in 2024


August, 24 2023

At the Johannesburg summit, the Presidents of Russia, Brazil, India, China and South Africa reached... Read More

Brent is trading in the corridor of $82.5-83.5 per barrel


August, 24 2023

On Thursday, Brent oil quotes are trading in a narrow corridor of $82.50-83.50 per barrel after... Read More

The collapse of the tenge exchange rate has become one of the largest in the world


August, 22 2023

Last week, the Kazakhstani tenge weakened significantly against the dollar, becoming one of the... Read More

Arm has filed for an IPO on Nasdaq


August, 22 2023

The company-developer of Arm chips, owned by Softbank, announced its intention to hold a... Read More

Experts predict UK and US debt crisis


August, 22 2023

Analysts note that despite the fact that the probability of a global debt crisis is currently low,... Read More

Fed Symposium in Jackson Hole: What to expect?


August, 21 2023

Representatives of the US Federal Reserve System are preparing for a meeting in Jackson Hole, which... Read More

Producer prices in Germany in July fell the most since 2009


August, 21 2023

In July, producer prices in Germany fell by 6% year-on-year, which was the largest decline since... Read More

China continues to update gas import highs


August, 21 2023

In June, China set new record levels for natural gas imports. Deliveries through gas pipelines have... Read More

Economic Calendar | August 21 – 25


August, 21 2023

Monday, August 21 The beginning of a new trading week, as it usually happens, is accompanied... Read More

What awaits the cryptocurrency sector?


August, 18 2023

Over the past week, the cryptocurrency market has been going through critical moments. Bitcoin and... Read More

Inflation in the eurozone in July slowed to the lowest since January 2022


August, 18 2023

According to the Statistical Office of the European Union, in July consumer prices in the eurozone... Read More

Oil ends the week with a decline


August, 18 2023

On Friday morning, oil prices are relatively stable at $84 per barrel. At the same time, the asset... Read More

The pound sterling unexpectedly rose


August, 17 2023

Inflation in the UK in July decreased by 0.4%, reducing the annual rate to 6.8%, which was the... Read More

Currencies of Australia and New Zealand fell to 9-month lows


August, 17 2023

The currency markets of Australia and New Zealand were under pressure, which led to a decline in... Read More

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