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

The growth of defense spending in Europe: economic impact and new jobs


February, 21 2025

The German division of EY has presented a study assessing the economic impact of increased defense spending in Europe. Analysts have studied two scenarios: maintaining the current level of 2% of GDP or less, and increasing it to 3% of GDP. To strengthen independence from the United States and increase the defense capability of the EU countries, it will be necessary to invest about €65 billion annually over six years. Experts note that against the background of modern security challenges, Eu... Read More

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The USA is on the verge of an economic crisis


February, 13 2025

Ray Dalio, founder of the largest hedge fund Bridgewater Associates, made a statement about the... Read More

The European Commission has denied rumors about the introduction of a ceiling on gas prices


February, 13 2025

The European Commission has denied rumors about plans to set a temporary limit on the cost of gas... Read More

Chinese companies set records for dividends and share buybacks


February, 13 2025

Chinese companies are setting records for dividend payments and share buybacks thanks to corporate... Read More

The main events by the morning: February 13


February, 13 2025

The UK economy grew by 0.1% in the fourth quarter. This exceeded forecasts for a 0.1% reduction.... Read More

India is considering a 15-25% tax on steel imports from China


February, 12 2025

Indian Steel Minister H.D. Coomaraswamy said that the country is considering the possibility of... Read More

The United States threatens Canada with a double whammy of duties: tariffs may rise to 50%


February, 12 2025

The duties applied to Canada are supposed to be introduced on a cumulative basis, according to data... Read More

EU studies measures to limit gas prices amid record growth


February, 12 2025

The EU is considering the possibility of temporarily limiting natural gas prices, which have... Read More

EU ministers are preparing a strategy against US duties


February, 12 2025

European trade ministers are planning to hold urgent telephone talks on Wednesday to discuss the... Read More

Deposit rates in yuan dropped to the lowest in six months


February, 12 2025

In February, the average rates on yuan deposits in the largest Russian banks fell below 4%. For... Read More

Russia and Argentina are working on projects in the pharmaceutical and food industries


February, 12 2025

Russia and Argentina continue to strengthen cooperation by developing joint initiatives in areas... Read More

The main events by the morning: February 12


February, 12 2025

US duties on metals from Canada may reach 50%. It is expected that the duties, if they come into... Read More

Fed postpones rate cut: inflation and tariffs change forecasts


February, 11 2025

The US Federal Reserve is not likely to lower its key interest rate until the second quarter,... Read More

Oil market: China and Saudi Arabia adjust trade


February, 11 2025

In March, oil supplies from Saudi Arabia to China will decrease to 41 million barrels, compared... Read More

Tariff escalation: how Trump's strategy threatens Asia with new conflicts


February, 11 2025

US President Donald Trump's tit-for-tat trade strategy could lead to increased tensions in the... Read More

The crypto market is on the rise: bitcoin is moving towards $100 000


February, 11 2025

The capitalization of the crypto market has reached $3.355 trillion (+$67 billion). The share of... Read More

The main events by the morning: February 11


February, 11 2025

US President Donald Trump has approved duties of 25% on steel and aluminum imports, including... Read More

The main events by the morning: February 10


February, 10 2025

Trump is imposing 25% tariffs on steel and aluminum imports starting today. The US president also... Read More

Currency markets: the dollar is losing ground, the yen and the pound are rising


February, 06 2025

The dollar hit an 8-week low against the yen and a 1-month low against the pound amid declining... Read More

The main events by the morning: February 6


February, 06 2025

Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching... Read More

China and Europe: new steps towards mutually beneficial cooperation


February, 05 2025

China expressed its readiness to strengthen cooperation with the European Union in order to jointly... Read More

EU to tighten control over cheap goods on marketplaces


February, 05 2025

The European Commission has proposed to strengthen control over cheap goods sold through online... Read More

Africa at a crossroads: between the USA and BRICS in the struggle for resources


February, 05 2025

The long-term trend towards dividing the world into two trading blocs is becoming more and more... Read More

Nickel monopoly: China strengthens its position in Indonesia


February, 05 2025

Chinese companies control about 75% of Indonesia's nickel processing capacity, raising questions... Read More

The main events by the morning: February 5


February, 05 2025

The European Union is preparing a response to Trump's tariffs, which could affect Silicon Valley.... Read More

Federal Reserve Bank: rates will remain unchanged in the near future


February, 04 2025

The heads of the Federal Reserve Banks of Boston and Atlanta, Susan Collins and Rafael Bostic,... Read More

The United States will create the largest sovereign wealth fund


February, 04 2025

US President Donald Trump has signed a decree on the creation of the national welfare fund, the... Read More

The People's Bank of China is preparing for flexible management of the yuan


February, 04 2025

China may reconsider its strategy of controlling the yuan exchange rate in the event of a... Read More

Oil market under pressure from Washington's political moves


February, 04 2025

Oil prices are falling amid the US decision to postpone duties on goods from Mexico and Canada.... Read More

The main events by the morning: February 4


February, 04 2025

Trump temporarily lifted the introduction of import duties for Canada for 30 days. This decision... Read More

The new government of Belgium: a course for reform and economic stability


February, 03 2025

Belgium has launched a new government led by Flemish nationalists from the N-VA party, which won... 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.