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

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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Trump Targets to Revamp Wall Street Reform Law


April, 12 2017

Trump administration intends to revise the Dodd-Frank Wall Street reform law and changes its rules... Read More

S. Korean Economy Showed Signs of Economic Improvement


April, 11 2017

As stated in the monthly economic assessment report of the government published on Tuesday, the... Read More

Fed Focus Shifts to Maintaining Growth Gains, Says Yellen


April, 11 2017

Fed Chair Janet Yellen has stated that the Federal Reserve will now be shifting its policy... Read More

U.K. Consumer Spending Sluggish Rate Amid Brexit


April, 10 2017

The U.K. consumer spending rose but in a sluggish manner that is considered to be the slowest in... Read More

Italy’s Morando Expressed Predictions on Brexit


April, 10 2017

The Deputy Finance Minister of Italy, Enrico Morando has declared a pragmatic assessment regarding... Read More

Barclays Plc CEO Under Investigation in Whistleblower Probe


April, 10 2017

Barclays CEO James Staley is now under investigation by US and London-based regulators following... Read More

Indian Economy to Accelerate by 7.4%, says ADB


April, 07 2017

The Indian economy is projected to increase by  7.4% amid the fiscal year 2017-2018 versus its... Read More

U.S. Unemployment Claims Fell to a Record Low in Almost Two Years


April, 07 2017

The number of applicants for U.S. unemployment benefits has declined to a record low in almost two... Read More

Asian Stocks Decline After US-led Airstrike on Syria


April, 07 2017

Asian stocks dropped after the US government led an airstrike against Syria as an apparent... Read More

Fed Might Delay Rate Hikes to Narrow Down Balance Sheet


April, 07 2017

Several Fed officials have already confirmed that the central bank will be starting to cut down... Read More

Australia Expected Returns Over $2B Under Tax Avoidance Legislation


April, 06 2017

The Australian Tax Office intends to pursue multinational companies over seven global business... Read More

Norwegian Airlines Announced Low-Cost Fare Flights


April, 06 2017

A low-cost transatlantic airline of Norway is about to launch, with a route from Denver... Read More

Europe’s Banking Lobby Raises Concerns in Financial stability over Brexit


April, 05 2017

If Brexit negotiations did not end well could affect the wholesale banking and financial stability... Read More

German Advisers Argued ECB Cashless Society


April, 05 2017

The economic experts of Germany have given their advice regarding the zero-interest rate policy of... Read More

Trump Clamps Down on Silicon Valley’s H-1B Visa Program


April, 05 2017

The Trump administration is now slowly but surely implementing Trump’s campaign proposal to clamp d... Read More

Brazil Trade Surplus Exceeded Expectations at $7.1B


April, 04 2017

The trade surplus for the month of March was recorded to reach $7.1 billion according to the... Read More

Denmark’s Thorning-Schmidt Lambasted Australia's Foreign Aid Budget


April, 04 2017

Former Prime Minister of Denmark and Chief Executive of Save the Children International, Helle... Read More

Student Debt Burden Weighs Down US Rates—Dudley


April, 04 2017

Fed New York President William Dudley stated that US interest rates are being weighed down by the... Read More

Turkey Inflation Rates Reached Double Digit After 5 years


April, 03 2017

The price for the Annual consumer price increased as high as 11.29 percent in the month of March as... Read More

Australian House Values Surged by 1.4 percent in March


April, 03 2017

The housing prices in the main cities in Australia accelerated in March with the fastest growth in... Read More

People Rush in Que for Indonesia Tax Amnesty Program


March, 31 2017

In early Friday before dawn, the government tax amnesty program of Indonesia had attracted hundreds... Read More

Climate Change is Good for Arctic Region, Putin Says


March, 31 2017

President of Russia, Vladimir Putin pronounced that the recent ice melting and global warming in... Read More

Japanese Inflation Records First Double Surge in Two Years


March, 31 2017

Japanese core consumer prices increased by a fraction for the second consecutive time last month,... Read More

German Regional Inflation Pulled the Euro Down


March, 30 2017

Change in market sentiment after a regional inflation in Germany pulling the Euro currency back to... Read More

Fed Vice Chair Stanley Fischer Forecasts Two More Interest Raise in 2017


March, 30 2017

In an interview with CNBC, Fed Vice Chairman Stanley Fischer anticipates the central bank for a... Read More

Asian Stocks Mix Up as Oil Maintains Gains, JPY Drops


March, 30 2017

Asian stocks started off on a mixed note as global equities stayed within its record highs as the... Read More

Nigeria and Norway Seek Opportunities to Non-oil Sector investments


March, 29 2017

Stakeholders from Nigeria and Norway looked for opportunities outside to increase direct foreign... Read More

Toshiba Corp. Declares Bankruptcy for Westinghouse


March, 29 2017

Nuclear energy firm Westinghouse has been declared bankrupt by the board of Toshiba Corp. after... Read More

POBA Acquires Brederode Worth W130b


March, 29 2017

Public Officials Benefit Association (POBA), a local authority that manages the retirement funds of... Read More

Australia Rescinded Extradition Treaty with China


March, 28 2017

Australia withdrew its vote to ratify the extradition treaty with China on Tuesday. This is a... 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.