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

Oil falls amid the news from Saudi Arabia


September, 26 2024

Against the background of news about a possible increase in Saudi Arabia's oil production, commodity prices continue to decline. According to the Financial Times, the kingdom plans to abandon the policy of maintaining oil prices around $100 per barrel, as the recent reduction in production has led to a loss of market share. This decision by Saudi Arabia may indicate an increase in internal problems in OPEC.The Organization of the Petroleum Exporting Countries (OPEC) has indeed faced difficulties... Read More

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The Central Bank of Mexico unexpectedly lowered the key rate to 10.75%


August, 09 2024

The Bank of Mexico unexpectedly lowered its base interest rate by 0.25 percentage points, setting... Read More

UBS: excessive sell-offs create potential for stock growth


August, 09 2024

UBS strategists predict a short-term rise in global stocks due to excessive sales, which in the... Read More

The main events by the morning: August 9


August, 09 2024

Russian banks began to raise interest rates on loans following the change in the key rate.... Read More

The American labour market: optimism and anxiety


August, 08 2024

The number of Americans applying for unemployment benefits unexpectedly fell last week, suggesting... Read More

European stocks are losing ground amid uncertainty


August, 08 2024

European stocks resumed their decline after two days of gains, under pressure from mixed earnings... Read More

Barter: a new way for trade between Russia and China


August, 08 2024

The foreign trade of Russia and China under the pressure of sanctions may switch to barter schemes... Read More

The main events by the morning: August 8


August, 08 2024

Hezbollah may strike Israel in the coming days. According to CNN, citing sources familiar with the... Read More

The Chinese economy shows mixed dynamics in July 2024


August, 07 2024

On the one hand, the country's foreign exchange reserves have reached a new high since the... Read More

The US economy is expecting a mild recession


August, 07 2024

The US stock market showed significant volatility last week. After the S&P 500 index fell by 3%... Read More

US gas market: production cuts amid falling prices


August, 07 2024

American natural gas companies are preparing to reduce production in the second half of 2024 amid a... Read More

Brent rose above $77 per barrel


August, 07 2024

Oil prices continued to rise on Wednesday, following a slight increase in the previous session.On... Read More

The main events by the morning: August 7


August, 07 2024

Elon Musk declares war on companies boycotting X. Musk has filed an antitrust lawsuit against the... Read More

Gold is moving away from highs amid the growth of the stock market


August, 06 2024

The price of gold fell from near record levels during Asian trading on Tuesday. The recovery of... Read More

Collapse of European indices: markets in the grip of recession fears


August, 06 2024

On Monday, the main stock indexes of Western Europe ended trading with a significant drop amid a... Read More

Stock markets are recovering after a sharp drop


August, 06 2024

Japanese stocks soared at the opening of trading on Tuesday, after representatives of the central... Read More

The main events by the morning: August 6


August, 06 2024

Goldman Sachs forecasts a rise in gold prices to $2,700 per ounce. Goldman Sachs Group analysts... Read More

Bitcoin and Ether collapsed amid global economic concerns


August, 05 2024

On Monday, there was a sharp drop in the value of bitcoin amid a large-scale sale of high-risk... Read More

Asian collapse: Asia-Pacific markets collapsed under the onslaught of recession fears


August, 05 2024

Stock indexes in the Asia-Pacific region (APR) declined sharply on Monday. Japan's Nikkei 225 fell... Read More

The main events by the morning: August 5


August, 05 2024

The worst day for global stock markets since 2020. Today, the global stock market is experiencing... Read More

Bank of America: risks of economic slowdown are growing


August, 02 2024

Bank of America analysts are urging investors to sell shares at the first interest rate cut by the... Read More

Lack of computing power: a threat to the growth of the AI industry


August, 02 2024

The hype around artificial intelligence (AI) has peaked, but experts warn that without a... Read More

The main events by the morning: August 2


August, 02 2024

The European Commission recommended Hungary and Slovakia to look for alternative sources of oil to... Read More

Gold soared above $2500 amid the persistence of Fed rates and geopolitical risks


August, 01 2024

On Thursday, the price of gold broke the $2,500 per troy ounce mark for the first time in... Read More

The Bank of England cut the rate for the first time since 2020


August, 01 2024

The Bank of England has lowered its base interest rate by 25 basis points to 5% per annum following... Read More

Oil prices are rising on concerns about the conflict between Israel and Hamas


August, 01 2024

Oil prices rose during Asian trading on Thursday, continuing the sharp rise of the previous... Read More

The Fed has kept the interest rate at a record level


August, 01 2024

The US Federal Reserve System decided to keep the interest rate on federal loan funds at the level... Read More

The main events by the morning: August 1


August, 01 2024

The US Federal Reserve has kept the key rate at the same level of 5.25%-5.5%. At a press... Read More

Microsoft shows strong profit growth, but cloud forecasts overshadow success


July, 31 2024

IT giant Microsoft ended the 2023-2024 fiscal year (June 30) with an impressive 21.8% ($88.136... Read More

Mastercard on the wave of growth in the world of payments


July, 31 2024

Mastercard Inc., the world's largest credit card company, has posted impressive financial results... Read More

Coinbase expands the Board of Directors


July, 31 2024

Coinbase, the leading American cryptocurrency trading platform, is actively expanding its board of... Read More

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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.