Financial Market 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.

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Latest Economic News

Tesla shares collapsed after the postponement of the release of robotaxi


July, 12 2024

Tesla Inc. shares fell after UBS Group AG downgraded the stock to «sell» from «neutral», fearing a revaluation of the company amid optimism about its AI plans. Tesla shares were down 1.6% in preliminary trading after falling 8.4% on Thursday, ending an 11-day winning streak. The stock collapse occurred after Tesla postponed the planned launch of the robotaxi to October to give the teams working on the project more time to create additional prototypes.Before Thursday's drop, the company's sh... Read More

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The ECB chief economist has announced his readiness to cut rates


May, 27 2024

Philip Lane, chief economist at the European Central Bank (ECB), said the regulator was ready to... Read More

The main events by the morning: May 27


May, 27 2024

Georgia is going to return Abkhazia and South Ossetia to its composition and become a member of the... Read More