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

Russia has started using Bitcoin in foreign trade


December, 25 2024

Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in legislation aimed at circumventing Western sanctions.Economic restrictions have made it difficult to trade with key partners such as China and Turkey, as local banks avoid transactions with Russia for fear of sanctions. In response, Russia allowed the use of cryptocurrencies in international trade and took ste... Read More

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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

Economic calendar | January 16 – 20


January, 16 2023

Monday, January 16The beginning of a new trading week is again accompanied by a completely empty... Read More

Oil is getting cheaper after last week's strong growth


January, 16 2023

On Monday, the price of oil is declining after a significant increase in the results of the past... Read More

Opening up China's economy will be a key factor for emerging markets


January, 16 2023

Analysts believe that the opening of China's economy after the lifting of anti-Covid restrictions... Read More

Germany's GDP grew by 1.9% in 2022


January, 13 2023

According to the Federal Statistical Agency of Germany, the German economy grew by 1.9% in 2022.... Read More

Copper ends the week with strong growth


January, 13 2023

According to trading data, copper prices show a steady rise on Friday, ending the week with a 7%... Read More

Harker: The Fed should raise the rate slightly above 5% and take a break


January, 13 2023

The president of the Federal Reserve Bank of Philadelphia, Patrick Harker, said that the US Federal... Read More

The trade turnover between Russia and China in 2022 broke a record


January, 13 2023

According to the data of the General Customs Administration of China, the trade turnover between... Read More

Gold exceeded $1900 amid the inflation data in the United States


January, 12 2023

The price of the February gold futures soared by 1.28% today and reached $1905 per troy ounce.... Read More

Brent continues to grow steadily


January, 12 2023

The price of Brent increased to the level of $84.30 per barrel, continuing to follow the dynamics... Read More

Apple intends to use its own custom displays in 2024


January, 11 2023

Apple has announced that from 2024 it plans to start producing and using its own custom displays... Read More

The Egyptian pound has fallen to a historic low


January, 11 2023

The Egyptian currency has fallen to a historic low. The exchange rate of the US dollar against the... Read More

The US Federal Reserve promised a further rate hike


January, 11 2023

Michelle Bowman, a member of the Board of Governors of the US Federal Reserve System, said that the... Read More

G7 wants to introduce two price ceilings for Russian oil products


January, 10 2023

The G7 countries plan to introduce two different price ceilings for Russian oil products from... Read More

Emerging markets shares have risen by 20% since the October low


January, 10 2023

According to analysts, stocks of emerging markets have risen by more than 20% since the October... Read More

Morgan Stanley: the US stock market may collapse by 22% in a recession in 2023


January, 10 2023

Morgan Stanley investment bank experts expect that the US stock market may face a... Read More

World central banks bought 50 tons of gold in November


January, 09 2023

According to preliminary data from the World Gold Council (WGC), in November 2022, the central... Read More

India and Sri Lanka will start trading in Indian rupees


January, 09 2023

The Reserve Bank of India has granted permission to the commercial bank Indian Bank to open three... 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.