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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

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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The European Council called for the extension of the Black Sea initiative under the auspices of the UN


July, 17 2023

European Council President Charles Michel expressed hope that UN Secretary General Antonio Guterres... Read More

Russia has suspended its participation in the grain deal


July, 17 2023

The press secretary of the President of Russia Dmitry Peskov confirmed that the grain deal was... Read More

China's GDP growth accelerated to 6.3% in the second quarter


July, 17 2023

According to the data of the State Statistical Office of China, GDP growth rate in the second... Read More

Economic Calendar | July 17 – 21


July, 17 2023

Monday, July 17The beginning of the trading week is again accompanied by an absolutely empty... Read More

Global markets are on a positive wave


July, 14 2023

At the end of the trading week positive dynamics of indices prevail in global markets.Yesterday,... Read More

Experts: the US is facing a difficult period


July, 14 2023

Despite the fact that the US Federal Reserve has already carried out 10 interest rate hikes (which... Read More

The dollar index dropped below 100 points for the first time since April 2022


July, 13 2023

The dollar index on Wednesday dropped below 100 points for the first time since April 2022.The... Read More

China introduces rules for the use of AI


July, 13 2023

The Chinese government has announced the release of a new set of rules that govern the use of... Read More

Elon Musk has created a new company xAI


July, 13 2023

Elon Musk, CEO of Tesla, SpaceX and Twitter, announced the launch of a new artificial intelligence... Read More

Brent exceeded the level of $80.50 per barrel


July, 13 2023

On Thursday morning, the prices of benchmark oil grades continue to rise moderately after the... Read More

Turkey will continue to work on extending the «grain deal»


July, 12 2023

Turkish President Recep Tayyip Erdogan said that the country intends to continue working on the... Read More

Inflation in the US in June slowed down more than forecast


July, 12 2023

According to the US Department of Labor, consumer prices (CPI index) in June increased by 3%... Read More

Activision shares rise amid court ruling in favor of Microsoft deal


July, 12 2023

Shares of video game maker Activision Blizzard rose 11% to $91.83 after Microsoft received court... Read More

A new gas field has been discovered in Norway – the largest in 10 years


July, 11 2023

Norwegian oil and gas company DNO ASA has announced the discovery of a large Carmen gas and gas... Read More

Oil is trading in a narrow corridor of $77.50-78.50 per barrel


July, 11 2023

Oil prices are rising on Tuesday due to the introduction of new measures to support the real estate... Read More

Inflation in Germany in June expectedly accelerated to 6.8%


July, 11 2023

According to the final data of the German Federal Statistical Office (Destatis), consumer prices,... Read More

Threads breaks all records


July, 10 2023

The number of new users of the Meta Threads platform has crossed the threshold of 100 million... Read More

China unexpectedly recorded zero inflation in June


July, 10 2023

According to the report of the State Statistical Office of the People's Republic of China, in June... Read More

Unemployment in Turkey in May fell to the lowest in nine years


July, 10 2023

According to official statistics, the unemployment rate in Turkey fell to 9.5% in May, which is the... Read More

Economic Calendar | July 10 – 14


July, 10 2023

Monday, July 10As is most often the case, the beginning of the trading week is accompanied by a... Read More

Gold rises after the publication of US statistics


July, 07 2023

The price of gold is rising on Friday after the US labor market data published today turned out to... Read More

Non-Farm Payrolls: fresh data from the US


July, 07 2023

Job growth in the US slowed after a sharp surge in the previous month, exceeding expectations, but... Read More

Musk will file a lawsuit against Meta


July, 07 2023

American entrepreneur and owner of the social network Twitter Elon Musk reacted to the launch of... Read More

Brent exceeded $77 per barrel


July, 07 2023

Oil quotes continue moderate growth on Friday and end the week on a positive note. The current... Read More

UAE energy minister fears oil shortage


July, 06 2023

The global oil market may face a shortage of supply if it is not enough to invest in this industry,... Read More

The US stock market declined after the publication of the Fed minutes


July, 06 2023

US stock indexes ended Wednesday's trading session in the red due to weak statistical data from... Read More

Inflation in Turkey in June slowed to the lowest since December 2021


July, 05 2023

According to the Statistical Institute of Turkey (Turkstat), inflation in the country in June... Read More

China played a trump card in the chip war


July, 05 2023

From August 1, the Chinese authorities will impose restrictions on the export of rare earth... Read More

Iran has become the ninth member of the SCO


July, 04 2023

Iran has become the ninth full member of the Shanghai Cooperation Organization (SCO), as indicated... Read More

The Australian Central Bank unexpectedly kept the interest rate at 4.1%


July, 04 2023

The Reserve Bank of Australia (RBA) on Tuesday decided to leave the key interest rate at 4.1% per... Read More

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