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

Bitcoin fell below $93 thousand amid a review of the Fed's policy


December, 20 2024

On Thursday, the bitcoin exchange rate fell below the $100 thousand mark and continued its decline on Friday. The key factor influencing the dynamics of the market was forecasts of a slower reduction in the Fed's interest rate next year.Currently, the cost of bitcoin has decreased by 2.6%, reaching the level of $92,936. Coindesk data shows that over the past five trading sessions, the cryptocurrency has lost 7.8% of its value. However, despite the current correction, bitcoin has managed to incre... Read More

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India’s Demonetization Impacts the Economy


January, 18 2017

India presented consecutive growth for less than 7 percent in the past three-quarters during... Read More

Pound Surges, USD Plummets after Trump, May Comments


January, 18 2017

The sterling pound finally increased in value after a long slump after UK PM Theresa May outlined... Read More

Theresa May Set to Announce UK’s Move to Exit EU Single Market


January, 17 2017

UK Prime Minister Theresa May is scheduled to address the UK government today, wherein she is... Read More

Sterling Hit Its Lows Against a basket of currencies since May’s Brexit Speech


January, 17 2017

The British pound slumped to a three-month low on Tuesday influenced by the speech of Prime... Read More

New Zealand Business Confidence Remains Solid


January, 17 2017

For the months of October to December 2016, the state of the New Zealand economy kept an optimistic... Read More

Economic Assessment Shows a Moderate Growth of Japan’s Economy


January, 16 2017

The Bank of Japan economic assessment shows a positive outlook in its quarterly report on Monday.... Read More

Oil prices Amp Up as the Dollar Weakens


January, 16 2017

Oil prices edged higher as the dollar weaken and the expectations about Organization of the... Read More

GBP Drops by 1.6% as Theresa May Preps for Hard Brexit


January, 16 2017

The sterling pound dropped by as much as 1.6% and has settled below $1.20 for the first time since... Read More

Short-term Economic Boost with Long-term Risks Under Trump’s Administration


January, 13 2017

The Federal Reserve publicized on Thursday that the planned fiscal and tax plans under Tump\s... Read More

China Exports Dropped in December


January, 13 2017

According to the official data released on Friday, the exports of world’s second biggest economy w... Read More

Oil Records Highest 6-Week Gains as KSA Cuts Back on Oil Production


January, 13 2017

Oil prices increased in value and has recorded its largest two-day gains within the six-week... Read More

Aggressive Rate Cut of Brazil Giving Positive Outlook to the Economy


January, 12 2017

The Central Bank of Brazil reduced its Selic rate benchmark abruptly in their attempt to boost the... Read More

BOE’s Carney Reversed Warnings on Brexit Danger to UK


January, 12 2017

Brexit poses no risk at all towards the UK economy, BOE’s Governor Mark Carney told the Members of P... Read More

USD Plummets, Stocks Rise as Trump Disappoints Market Anew


January, 12 2017

The USD weakened dramatically during the previous trading sessions while stocks surged in value... Read More

Reduced Global Economic Growth Forecast of World Bank in 2017


January, 11 2017

    The global economic forecast from World bank decreased by 0.1 percentage... Read More

President Trump’s first news conference on January 11


January, 11 2017

After the victory of Donald Trump in the U.S election two months ago, the 45th American President... Read More

World Economy could Receive Boost from Tax Cuts, Says World Bank


January, 11 2017

The World Bank has stated that Trump’s proposed tax cuts and other spending policies could p... Read More

$11 Billion Growth of Local Economic Forecast on L.A. Olympic 2024


January, 10 2017

Host of the next Olympic games is expected to increase its local economic output as much as $11.2... Read More

Pound Dropped due to May’s Brexit Remarks


January, 10 2017

The British currency declined by 1% and fell sharply to its two-month low versus other major pairs... Read More

USD Surges as Traders Boost Odds for Interest Rate Hike in March


January, 10 2017

The US dollar surged in value against the Japanese yen and remained just above 117.00 points for... Read More

German 10-year Bund Yield Climbed up to 2 bps in Three Week-High


January, 09 2017

The benchmark for 10-year government bonds yield of Germany climbed to a three-week high on Monday.... Read More

UK Consumer Spending grew in December


January, 09 2017

From the previous months of October to December last year recorded the highest growth on a... Read More

Future Fed Chairs Hint at Tightening US Monetary Policy in 2018


January, 09 2017

A number of potential candidates for the top office at the Federal Reserve are hinting at... Read More

Three-week low of U.S. Dollars as Yuan Rallied


January, 06 2017

The U.S. dollar plunged over the past three weeks against a basket of other major currencies on... Read More

Venezuela’s Cabinet Reshuffle


January, 06 2017

The cabinet of the Venezuelan government was shaken on Wednesday as President Nicolas Maduro named... Read More

USD Drops Against Yen as Market Anticipates Economic Data Release from US


January, 06 2017

The USD decreased in value against the JPY for the second consecutive day after the minutes from... Read More

Inflation Rate in the Eurozone Rack Up


January, 05 2017

The inflation rate in the European region had increased, reaching its highest pace after three... Read More

US Treasuries Whipsaw as FOMC Minutes Shifts Focus on USD and Fiscal Policies


January, 05 2017

US Treasuries careened between losses and gains after the minutes from the FOMC meeting last... Read More

Countermeasures of China to Curb Yuan in 2017


January, 05 2017

Yuan rallied this year especially the offshore trading and China is creating its contingency plan... Read More

Positive trend for Germany’s Jobless Rate


January, 04 2017

The figures for the employment rate of the German country improved compared with the result last... 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.