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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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Uranium price up 8% amid protests in Kazakhstan


January, 06 2022

Uranium prices jumped sharply amid mass protests in Kazakhstan, which is the world's largest... Read More

What awaits the tech sector in 2022?


January, 06 2022

The technology sector has been the market leader for several years now, and the pandemic has only... Read More

Europe may be left without gas in two months


January, 05 2022

Experts note that against the background of the energy transition, gas reserves in the EU turned... Read More

The French CAC 40 index has updated its historical maximum


January, 05 2022

According to Wednesday's trading data, the French CAC 40 index reached a record 7,365.49 points... Read More

Oil prices have passed the $80 mark after the OPEC meeting


January, 05 2022

The OPEC+ meeting ended yesterday, the outcome of which was the decision to maintain the plan to... Read More

OPEC+ has kept the current parameters of the energy deal


January, 04 2022

The regular meeting of ministers of OPEC and non-OPEC countries ended today, following which it was... Read More

Prospects of the precious metals market


January, 04 2022

In 2021, everything except precious metals rose in price: oil jumped in price by 55%, copper... Read More

Problems with the Nord Stream-2 continue in the new year


January, 04 2022

Russian Deputy Foreign Minister Alexander Pankin said that the process of certification of the Nord... Read More

What awaits the oil market in the new year


January, 03 2022

During the first trading day of the new year, the oil market demonstrates a multidirectional... Read More

Inflation in Turkey accelerated to the highest in 19 years in December


January, 03 2022

According to the Statistical Institute of Turkey (Turkstat), consumer prices in December 2021... Read More

Wall Street futures decline slightly on the last trading day of the year


December, 31 2021

On the last day of the year, futures on major US stock indexes are slightly declining, and... Read More

Oil shows high volatility at the end of the year


December, 30 2021

Oil quotes show increased trading volatility, fluctuating in the range of $78.30 – $79.75 per b... Read More

Wall Street futures rise as part of New Year's Eve rally


December, 29 2021

According to trading data on Wednesday, major Wall Street index futures are rising, predicting the... Read More

Experts believe that the gas market is not ripe for creating an analogue of OPEC


December, 29 2021

Russian Deputy Prime Minister Alexander Novak said that the participants of the global gas market... Read More

Mexico will stop exporting oil


December, 29 2021

Mexico has decided to process almost all the oil produced in the country on its own. In 2023-2024,... Read More

Erdogan explained the manipulations with the lira


December, 28 2021

Turkish President Recep Erdogan said that the economic instruments developed by the government... Read More

Gold has risen to a maximum of the last five weeks


December, 28 2021

Gold prices on Tuesday rose to the highest level in five weeks, reaching $1,819.35 per ounce. The... Read More

Oil has sharply jumped in price amid a decrease in concerns related to Omicron


December, 28 2021

Last night, Brent oil quotes showed a sharp increase from the area of $75.50 to $78.60 per barrel.... Read More

Moderna shares fall for the fifth day in a row


December, 27 2021

Shares of Moderna have declined for the fifth day in a row after reports that the manufacturer... Read More

Great Britain faces a serious energy crisis


December, 27 2021

Analysts do not exclude that the UK will face a worsening economic situation due to gas prices,... Read More

Lira may end the week with a record rise


December, 24 2021

The Turkish lira has finally started to grow, demonstrating the best weekly dynamics in history and... Read More

The United States will release another 250 thousand barrels of oil from strategic reserves


December, 24 2021

The US Energy Department provided Marathon Petroleum Corp. with the second batch of crude oil from... Read More

Oil is declining after yesterday's jump


December, 23 2021

Last night, after the release of statistics from the US Department of Energy on crude oil reserves... Read More

The expert called the real reason for the gas prices rise in Europe


December, 22 2021

Experts note that the European Commission has found no evidence of Russia's guilt in the cosmic... Read More

Oil prices rose sharply amid the energy crisis in Europe


December, 22 2021

Yesterday, oil prices showed a steady increase against the background of the energy crisis in... Read More

Tesla leaves the list of «trillion companies»


December, 21 2021

Tesla Inc. rose 35% in October after a deal was struck with car rental company Hertz Global... Read More

Gas prices in Europe have again reached a historical record


December, 21 2021

The spot price of gas in Europe again overcame a new psychological bar of $2,000 per thousand cubic... Read More

Musk: The metaverse still resembles a marketing hype


December, 21 2021

The head of Tesla, Elon Musk, expressed his opinion about the increasingly popular metaverse – a n... Read More

The Turkish Lira has updated the anti-record again


December, 20 2021

On Monday, the Turkish lira exchange rate collapsed again, updating another anti-record. The quote... Read More

The European market started the week with a sharp decline


December, 20 2021

The European market declined sharply on Monday, as the increase in the number of cases of the new... Read More

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