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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Bitcoin is fluctuating before the US elections


November, 05 2024

Bitcoin showed weak growth on Tuesday, trying to regain lost ground after six days of continuous... Read More

The main events by the morning: November 5


November, 05 2024

The US presidential election will be held today, an important event for global politics and... Read More

BRICS on the way to leadership in world trade


November, 02 2024

Experts predict that BRICS may overtake the European Union in the near future. Since its... Read More

German industry is looking for salvation abroad


November, 02 2024

A study conducted in September 2024 among the top managers of 115 industrial companies in Germany... Read More

Analysis of positions: key views of Harris and Trump on politics and economics


November, 02 2024

The presidential elections will start in the United States on November 5. Voters will determine the... Read More

The main events by the morning: November 2


November, 02 2024

Google's fine of 2 undecillion rubles exceeds the total wealth of the world. The total wealth of... Read More

China strengthens food security by reducing imports from the United States


November, 01 2024

Since 2018, China has been actively changing the structure of food imports, which significantly... Read More

Gold regained some of its losses after yesterday's fall


November, 01 2024

Gold prices on Friday recouped some of the losses suffered the day before after reaching a record... Read More

Non-farm payrolls: employment in the United States has grown at the lowest rate since the end of 2020


November, 01 2024

In October, only 12 thousand jobs were created in the US non-agricultural sector, which is... Read More

Oil soared amid Iran's threats


November, 01 2024

Tensions in the Middle East have brought the market's attention back to the escalation of... Read More

The main thing in the morning: November 1


November, 01 2024

Taxes are expected to rise in Russia in 2025. This opinion was expressed by a number of experts,... Read More

The yuan is losing ground in international transactions


October, 31 2024

According to data collected by the SWIFT system, the participation of the Chinese currency in... Read More

The euro jumped to 2-week highs after the inflation data


October, 31 2024

According to recent data from Eurostat, inflation in the eurozone rose to 2% in October.... Read More

Unemployment in the eurozone has fallen to a historic low


October, 31 2024

In September, the eurozone showed a historically low unemployment rate, reaching... Read More

The main events by the morning: October 31


October, 31 2024

Chinese electric car manufacturer BYD surpassed Tesla in revenue for the first time, earning $28.2... Read More

The European economy grew in the third quarter


October, 30 2024

In the third quarter, the eurozone economy showed unexpectedly strong growth, reaching 0.4%. France... Read More

EU raises duties on Chinese electric vehicles


October, 30 2024

The European Union is preparing to impose significant tariffs on imports of electric vehicles from... Read More

Gold hits historical high: $2,800 per ounce


October, 30 2024

The price of gold has reached an unprecedented level — for the first time in history it exceeded $... Read More

The main events by the morning: October 30


October, 30 2024

Apple continues to reduce its dependence on China: iPhone exports from India exceeded $6 billion.... Read More

The United States will limit investments in Chinese technology


October, 29 2024

In an effort to protect its technological interests and contain China's military potential,... Read More

The United States will limit investments in Chinese technology


October, 29 2024

In an effort to protect its technological interests and contain China's military potential,... Read More

Oil is recovering weakly after falling by 6%


October, 29 2024

Oil prices are showing volatility, balancing between geopolitical tensions and doubts about the... Read More

De-dollarization does not work: the share of USD in payments has increased to 49%


October, 29 2024

The US dollar has strengthened its leadership in global finance, reaching a 49% share in... Read More

The main events by the morning: October 29


October, 29 2024

A Russian court has imposed a fantastic fine of 2 undecillion rubles on Google. Penalties for... Read More

Musk and Trump: the intertwining of business and politics


October, 28 2024

In light of the possible return of Donald Trump to the political arena, the name of Elon Musk is... Read More

The pound completes the worst month since September 2023


October, 28 2024

The British currency in October showed the largest drop against the dollar since September 2023,... Read More

Gold is declining under the pressure of a rising dollar


October, 28 2024

On Monday, amid the strengthening of the US dollar, the price of spot gold fell by almost 0.6% to... Read More

Oil has fallen in price after Israeli strikes on Iran


October, 28 2024

On Monday, oil prices fell by more than 5% after Israel's retaliatory actions against Iran did not... Read More

The main events by the morning: October 28


October, 28 2024

The Vienna court lifted the blocking of assets of Sibur's subsidiary in Europe. The assets of Sibur... Read More

HSBC joins the Chinese payment system, underpinning the growth of the yuan


October, 25 2024

In an effort to diversify payment systems and strengthen the role of the yuan in the global... 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.