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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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Musk Intends to develop a Twitter payment system with crypto functions


January, 31 2023

At the end of January, it became known that the social network Twitter, headed by Elon Musk,... Read More

Global demand for gold in 2022 rose to the highest in 11 years


January, 31 2023

According to the annual report of the World Gold Council, global demand for gold in 2022 increased... Read More

The dollar index DXY finishes in the red for the fourth month in a row


January, 31 2023

On Tuesday, the dollar exchange rate is growing slightly in pairs with the euro and the pound and... Read More

Economic Calendar | January 30 – February 3


January, 30 2023

Monday, January 30The macroeconomic calendar at the beginning of the week is again almost... Read More

The main economic events of the day: January 30, 2023


January, 30 2023

At the end of last week, the dollar managed to finish trading in positive territory, and its DXY... Read More

Oil is getting cheaper in anticipation of the OPEC+ meeting


January, 30 2023

On Monday, world oil prices show a slight decline, and investors are waiting for the results of the... Read More

The European Commission called Germany the most affected country by the crisis


January, 30 2023

The European Commissioner for Economy, former Italian Prime Minister Paolo Gentiloni, believes that... Read More

The US dollar may have a serious competitor


January, 27 2023

Reflecting on the prospects of the US dollar on the world stage, some analysts suggest that soon... Read More

China ranked third in car deliveries in 2022


January, 27 2023

Auto shipments from China exceeded 2.5 million units in 2022, making the country the third largest... Read More

Central banks are buying gold at the fastest pace in half a century


January, 26 2023

According to a report by economists of the International Monetary Fund and the University of... Read More

The EU may impose a price limit on Russian diesel fuel


January, 26 2023

The European Union is considering the possibility of introducing a price limit on Russian diesel... Read More

The number of applications for unemployment benefits in the United States fell to the lowest since April


January, 26 2023

According to the US Department of Labor, the number of Americans who applied for unemployment... Read More

Tesla does not intend to sell its bitcoins


January, 26 2023

On Wednesday, electric car manufacturer Tesla presented a report for the fourth quarter of 2022.... Read More

Brent crude oil exceeded the level of $87 per barrel


January, 26 2023

On Thursday, the oil market shows steady growth: Brent quotes rose to the level of $87.50 per... Read More

Microsoft shares fell amid the release of a weak report


January, 25 2023

Microsoft shares jumped 5.26% to $254.79 in postmarket trading. However, then the dynamics changed,... Read More

Experts: The Bank of England will continue to raise rates amid high inflation


January, 24 2023

Market participants expect that the Bank of England will continue to raise the key interest rate... Read More

The pound is under pressure after the release of data on the British economy


January, 24 2023

On Tuesday, the pound sterling is declining after the release of economic statistics indicating a... Read More

Brent has been holding near the maximum since November last year


January, 24 2023

During Monday's trading, the price of oil reached the level of $89 per barrel, which was the... Read More

Economic calendar | January 23 – 27


January, 23 2023

Monday, January 23This week, the macroeconomic calendar is not rich in any events, and on Monday it... Read More

Retail sales in Britain showed a record drop since 1997


January, 20 2023

According to the UK Bureau of National Statistics, retail sales in December 2022 decreased by 5.8%... Read More

The key inflation indicator in Japan in December reached the highest in 41 years


January, 20 2023

According to the Ministry of Internal Affairs and Communications of Japan, consumer prices in the... Read More

JPMorgan forecasts US interest rates to rise above 5%


January, 19 2023

Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon believes that US interest rates... Read More

Tesla has a Vietnamese competitor in the US


January, 19 2023

Vietnamese electric car manufacturer VinFast said it is going to protect the competitiveness of its... Read More

The share of the pound in international settlements fell to a June low


January, 19 2023

According to the SWIFT international system, the share of the pound sterling in international... Read More

Goldman Sachs: China's GDP will grow to 5.5% in 2023


January, 18 2023

Analysts at Goldman Sachs Group Inc. have raised the forecast of China's economic growth for 2023... Read More

The ECB still intends to raise rates by 50 bps each time until the summer


January, 18 2023

Francois Villeroy de Gallo, a member of the Board of Governors of the European Central Bank and the... Read More

The price of Brent exceeded $87 per barrel after the publication of the IEA report


January, 18 2023

The price of oil accelerated its growth after the publication of the report of the International... Read More

Sweden plans to promote the EU's transition to «green» energy


January, 17 2023

Swedish Prime Minister Ulf Kristersson said that reducing the EU's dependence on fossil fuels and... Read More

The price of gas in the EU has dropped to $600/thousand cubic meters


January, 17 2023

The cost of gas in Europe fell below the level of $600 per thousand cubic meters for the first time... Read More

Inflation in Germany slowed to 9.6% in December


January, 17 2023

According to the German Federal Statistical Office Destatis, consumer prices in the country,... Read More

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