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

Oil is recovering moderately after yesterday's drawdown


August, 14 2024

Oil prices are showing growth on Wednesday after a significant two percent drop the day before. The current quote for Brent crude is $81.30 per barrel. Yesterday, the price fell from the level of $82.20 to $80.50 per barrel. The market was supported by data from the American Petroleum Institute (API), which showed a significant reduction in oil reserves in the United States. According to the ministry, reserves decreased by 5,205 million barrels last week.The official statistics on energy re... Read More

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The main events by the morning: August 14


August, 14 2024

The volume of mortgage loans in Russia decreased almost threefold, to 292 billion rubles. According... Read More

German companies continue to invest in China


August, 13 2024

German companies continue to invest heavily in China, despite government calls to diversify risks.... Read More

Fitch downgraded Israel's rating to A level


August, 13 2024

The international rating agency Fitch Ratings has downgraded the long-term issuer default rating... Read More

The US budget deficit reached $243.7 billion in July


August, 13 2024

In July 2024, the US federal budget deficit reached $243.7 billion, which is 10.4% more than in... Read More

The main events by the morning: August 13


August, 13 2024

India and Russia are planning to introduce a reference ruble-rupee exchange rate to improve... Read More

The Bank of England warns about the unreliability of reducing inflation


August, 12 2024

Catherine Mann, a member of the Monetary Policy Committee (MPC) of the Bank of England, urged not... Read More

Venezuela plans to create a zone outside of sanctions


August, 12 2024

Venezuela's deputy permanent representative to the UN, Joaquin Perez, said that Caracas is actively... Read More

The situation with payments between Russia and China has deteriorated significantly


August, 12 2024

In July, small regional Chinese banks began to refuse to accept payments from Russia. This came as... Read More

Brent rose above $80 per barrel


August, 12 2024

Oil prices have been rising for the fifth consecutive auction due to concerns about possible supply... Read More

The main events by the morning: August 12


August, 12 2024

Israel is expecting an Iranian attack. Israeli intelligence expects that in the coming days Iran... Read More

Investors are changing their strategy: from risks to stability


August, 09 2024

According to a Bank of America report, during a week of falling stock markets, cash has become the... Read More

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

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.