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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Oil ends the week in positive territory with an eye on China and the USA


December, 27 2024

Oil prices rose moderately on Friday, ending the week with positive dynamics due to expectations of stimulating measures for the Chinese economy, the world's largest oil importer. Additional support for the market was provided by data on a decrease in oil reserves in the United States. According to estimates by the American Petroleum Institute, inventories decreased by 3.2 million barrels, exceeding the forecast of analysts who expected a decrease of 1.9 million barrels.Brent crude futures ... Read More

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.