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

Kuwait will spend more than $30 billion to increase oil production


November, 21 2024

Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Read More

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Lebanese Pound Stabilized After PM’s Resignation


November, 06 2017

The central bank of Lebanon has assured that the Lebanese pound has been steadfast, according to... Read More

Record High Inflation Rate of Turkey Since 2008


November, 03 2017

Consumer prices in Turkey rallied to a record high over 13 years, excluding volatile items such as... Read More

Bank of England Raise Interest Rates in 10 years


November, 03 2017

After more than a decade, the Bank of England decided to implement interest rate hike. The bank... Read More

Large drop of October Unemployment data in Germany


November, 02 2017

The total unemployment rate in Germany declined a bit lower than expected for the month of October... Read More

US Economy Getting Even Stronger Based on Atlanta Fed Model


November, 02 2017

It seems noticeable that the American economy is on a tear as shown in the economic model of the... Read More

Singapore Aims to Become the Asian Financial hub


October, 30 2017

Singapore aims to strengthen its standing being the financial hub in Asia that targets greater than... Read More

US Economy Supported by Trade and Inventories


October, 30 2017

The American economy unanticipatedly sustained the rapid momentum in Q3, as the inventory... Read More

Japan's Industrial Sector Dropped to 1.5% in September


October, 27 2017

Japan’s industrial production was anticipated to decline in September following a rigid profit in t... Read More

US Jobless Claims Rose to 233,000


October, 27 2017

There are more American citizens who filed for unemployment benefits that led to an increased over... Read More

Worries Over Brexit Remains Amid Improved Economic Growth


October, 26 2017

The Britain economy progressed higher than expected in the third quarter. Yet the economist... Read More

South Korea Q4 Growth Forecast to be Just Above Zero


October, 26 2017

The quarterly growth of the South Korea from October to December is forecasted to reach just above... Read More

Possible Deflation Period of Japan to End Before the Tax Rate Hike in 2019


October, 25 2017

The government could conclude that the economy has been a steady growth to end the deflation period... Read More

Unemployment Rate in France Drop in September


October, 25 2017

The total unemployment figures of France reduce in September based on the records from the Labour... Read More

NZ Government Plans to Modify RBNZ Goals, Ardem says


October, 24 2017

The incoming prime minister of New Zealand, Jacinda Ardern noted on Tuesday that she intends to... Read More

Politics Influenced New Zealand Businesses


October, 24 2017

The latest elections in New Zealand coupled with political risks created a major impact towards the... Read More

Even Better Positive Outlook of China in 2017


October, 23 2017

China is forecasted to exceed the annual growth of around 6.5 percent in the current year,... Read More

US Economic Growth to Rise Above 2%: Poll


October, 23 2017

Majority of the business economists have predictions about the possible growth of the US economy by... Read More

Singapore’s CPI Rose in September


October, 20 2017

The consumer price index of Singapore is anticipated to increase in the month of September which is... Read More

World Economy’s Best Performance in Ten Years Boosted by China


October, 20 2017

The strong economic development of China boosted the global economy that has been perking up on its... Read More

ECB’s Asset Reduction of €40B Starting This October


October, 19 2017

On October 26, the European Central Bank is scheduled to reduce their monthly asset purchases to 40... Read More

Fed Sees Modest to Moderate Growth in US economy


October, 19 2017

The American economy had a modest to moderate pace of expansion in September until earlier in... Read More

ECB Asset Purchases Refused by the Court of Germany


October, 18 2017

The appeal for an injunction to prevent the Bundesbank in participation to the asset purchase... Read More

Significant Impact of Reversing Brexit on the UK Economy is Possible


October, 18 2017

According to the world’s leading economic think-tank, the reversing Brexit is expected to cause a p... Read More

Trump Administration Pushes Fair Trade Relationship with Japan


October, 17 2017

The U.S. administration under Trump regime is aiming for a more levelheaded trade relationship with... Read More

Italy’s Cabinet Approves National Budget for 2018


October, 17 2017

The Italian cabinet approved the 2018 government budget worth 20 billion euros ($23.6 billion) with... Read More

Indian Economy Positive outlook for Medium Term, IMF Lagarde Says


October, 16 2017

The Chief Christine Lagarde of the International Monetary Fund described India to be moving in a... Read More

Japan’s LNG infrastructure Offered to Asia


October, 16 2017

The government of Japan will disclose a public-private initiative amounting to $10 billion, its... Read More

Strong Oil Imports in China As Oil Prices Surge


October, 13 2017

The Chinese oil import was robust as supported by the crude oil prices according to traders. The... Read More

Finance Minister Le Maire Confident for Optimistic French Economy


October, 13 2017

Finance Minister Bruno Le Maire is present in the conference with central bankers and Group of 20... Read More

Canada Ahead Against G7: IMF Economic Growth Estimate for 2017


October, 12 2017

The Canadian economic growth increased the estimated value until next year of the... 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.