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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China is the main risk for the stock market after Trump's victory


November, 13 2024

The American stock market reacted to Donald Trump's election victory with strong growth, reaching... Read More

Gold is waiting for inflation data


November, 13 2024

After the recent drop, the price of gold rose slightly on Wednesday and is holding at around $2,620... Read More

Oil may collapse to $40 if OPEC cancels production cuts


November, 13 2024

Market experts fear that oil prices may drop significantly next year. The main reason for this... Read More

The main events by the morning: November 13


November, 13 2024

The Russian government intends to achieve full transparency of financial statements from companies.... Read More

Economic expectations in Germany are falling amid the US elections


November, 12 2024

November brought negative news for investor and analyst sentiment in both Germany and the eurozone.... Read More

Europe awaits Trump's return with anxiety and hope


November, 12 2024

On the eve of Donald Trump's return to the White House, European leaders are assessing the possible... Read More

The dollar reaches new heights


November, 12 2024

On Tuesday, the US dollar reached a new high since the beginning of July, continuing its upward... Read More

Oil continues to fall: weak demand and strengthening of the US dollar


November, 12 2024

Oil continues its rapid decline, experiencing the most serious drop in two weeks. Weak demand in... Read More

The main events by the morning: November 12


November, 12 2024

Bitcoin almost reached the $89,000 mark this night. Trump has already approved cabinet members who... Read More

Bernstein on cryptocurrencies: «Buy everything you can»


November, 11 2024

After bitcoin reached a historic high, exceeding the $82,000 mark, analysts at Bernstein strongly... Read More

Tesla shares continue to win back the alliance of Musk and Trump


November, 11 2024

Tesla shares continue to rally aggressively on expectations that the company could benefit from... Read More

EU and China continue disputes over electric vehicles, threatening a trade war


November, 11 2024

The EU and China are continuing negotiations on tariffs on electric vehicles, but do not yet see... Read More

Bitcoin has broken the historical maximum of $81000


November, 11 2024

The bitcoin exchange rate exceeded $81,000 for the first time after Donald Trump's victory in the... Read More

The main thing in the morning: November 11


November, 11 2024

Bitcoin this morning updated its historical high of $81,888. The market capitalization of the... Read More

US bonds are recovering after the election


November, 08 2024

US Treasuries are showing signs of recovery after recent volatility related to the US election... Read More

China has presented a $1.4 trillion economic stimulus package


November, 08 2024

China has approved a massive $1.4 trillion economic stimulus package in response to Trump's victory... Read More

EU and China have made «technical progress» in negotiations on tariffs for electric vehicles


November, 08 2024

A week of negotiations in Beijing on reducing or eliminating EU tariffs on Chinese electric... Read More

The Fed lowered the base rate again: to 4.5-4.75%


November, 08 2024

Following the results of the next meeting, the US Federal Reserve System (FRS) lowered the base... Read More

The main events by the morning: November 8


November, 08 2024

Trump has appointed the head of his campaign staff, Susan Wiles, as the head of the White House... Read More

Swedish Central Bank lowered the rate by 50 bps at once for the first time in 10 years


November, 07 2024

The Central Bank of Sweden (Riksbank) has cut its key interest rate by 50 basis points, to 2.75%... Read More

The price of oil is falling amid the rising dollar


November, 07 2024

On Thursday, the price of oil continued to fall after the US presidential election, succumbing to... Read More

Analysts predict bitcoin growth to $100,000


November, 07 2024

After the announcement of Donald Trump's victory in the presidential election, the price of bitcoin... Read More

The main events by the morning: November 7


November, 07 2024

The world community continues to «digest» the results of the US presidential election. The head of t... Read More

Growth in the service sector saved the eurozone from recession in October


November, 06 2024

Economic activity in the eurozone showed unexpected resilience in October, avoiding a second... Read More

Bitcoin has updated the historical record amid Trump's victory


November, 06 2024

On the night of November 6, the bitcoin exchange rate reached a new historical high, exceeding the... Read More

Gold falls on the background of Trump's victory


November, 06 2024

The results of the American elections, where Trump won, led to a decrease in gold prices. The... Read More

Donald Trump wins the US presidential election


November, 06 2024

Donald Trump won the US presidential election, securing 277 electoral votes, which exceeds the... Read More

Trump's tariffs will cost Americans $78 billion a year


November, 05 2024

According to a study by the National Retail Federation (NRF), the tariffs proposed by Donald Trump... Read More

Forex traders are preparing for spikes in volatility after the election


November, 05 2024

Traders in the foreign exchange market are preparing for possible sharp fluctuations in exchange... Read More

Copper rises in price on positive signals from China


November, 05 2024

Copper futures are rising for the third day in a row on the back of positive economic news from... 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.