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

Gold is breaking records: is the Fed preparing to cut rates?


July, 16 2024

Gold prices soared on Tuesday in Asian trading, approaching the highest levels. The growth was triggered by expectations of a reduction in interest rates by the Fed in September.  Spot gold rose 0.2% to $2,427.77 per ounce, while gold futures with an expiration date in August rose 0.1% to $2,432.30 per ounce.Weak inflation data and dovish signals from the Fed are fueling investor confidence in an imminent rate cut. Traders have almost completely ruled out the possibility of keeping rat... Read More

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Economic Calendar | April 17 – 21


April, 17 2023

Monday, April 17 The macroeconomic calendar on Monday is absolutely empty, and if there are no... Read More

U.S. unexpectedly shows signs of deflation


April, 14 2023

According to the report, producer prices (PPI) in the United States unexpectedly fell in March.... Read More

FTX crypto exchange intends to return to work


April, 14 2023

Representatives of the FTX cryptocurrency exchange, which collapsed at the end of last year, said... Read More

Ethereum has risen in price by 10% in just a day


April, 14 2023

On Friday, the second most valuable cryptocurrency, ethereum, rose sharply from the level of $2,005... Read More

US stock indexes declined on the Fed's minutes and inflation data


April, 13 2023

US stock indexes ended trading in the red on Wednesday after the release of inflation statistics... Read More

US inflation in March slowed to the lowest since May 2021


April, 12 2023

According to the US Department of Labor, consumer prices (CPI) increased by 5% year-on-year in... Read More

The oil market is growing in the middle of the week


April, 12 2023

Oil quotes on Wednesday continue to follow the dynamics of yesterday, when prices rose sharply from... Read More

US follows China to restrict ChatGPT


April, 12 2023

The White House administration, following the Chinese authorities, stated that it needs a public... Read More

Twitter has ceased to exist as a separate company


April, 11 2023

Twitter Corporation ceased to exist as a separate company as a result of a merger with X Corp.,... Read More

Alibaba introduced its competitor for ChatGPT


April, 11 2023

The Chinese company Alibaba has introduced its artificial intelligence technology, which will... Read More

Bitcoin has exceeded $30,000 for the first time since last summer


April, 11 2023

On Tuesday, the value of the most popular cryptocurrency continues to grow, reaching $30,357 for... Read More

200% tariff imposed on Russia aluminum entered into force


April, 10 2023

From today, a duty of 200% on the import of aluminum products into the United States, in which... Read More

Oil dropped below $85 at the beginning of a new trading week


April, 10 2023

On Monday, the price of oil is declining after a jump last week caused by the decision of a number... Read More

Economic Calendar | April 10 – 14


April, 10 2023

Monday, April 10Despite the fact that the macroeconomic calendar on Monday is completely empty due... Read More

Wall Street futures rise after US unemployment data


April, 07 2023

According to trading data, futures on US stock indexes on Friday moved to growth after the... Read More

Bloomberg: bitcoin will soon be comparable to gold or Treasury bonds


April, 07 2023

Bloomberg Intelligence senior macro strategist Mike McGlone opined that the bitcoin network has... Read More

Ethereum has risen to $1,900 on the background of a hard fork


April, 06 2023

The value of the second most popular cryptocurrency, Ethereum, jumped on Thursday to a nine-month... Read More

The Reserve Bank of India unexpectedly kept the base rate at 6.5%


April, 06 2023

On Thursday, the Reserve Bank of India (RBI) unexpectedly kept its key interest rate at 6.5% per... Read More

Industrial production in Germany in February grew significantly higher than forecast


April, 06 2023

According to the German Federal Statistical Office Destatis, industrial production in February... Read More

What awaits the German economy in 2023?


April, 05 2023

In the first quarter of the year, German GDP grew by 0.1% after shrinking by 0.4% in the fourth... Read More

The price of gold has almost reached a record of 2020


April, 05 2023

On Wednesday, gold prices continue to rise, following the dynamics of yesterday and approaching a... Read More

The dollar index fell to a 2-month low


April, 05 2023

On Wednesday, the dollar index fell to its lowest value in two months after labor market data... Read More

Tesla shares drop after deliveries report


April, 04 2023

On Monday, Tesla shares fell by more than 4% amid growing concerns about the company's profits... Read More

The oil market continues to rise


April, 04 2023

The price of oil continues to rise on Tuesday after the highest jump in a year following the... Read More

The Reserve Bank of Australia kept the rate at the maximum since May 2012


April, 04 2023

Following today's meeting, the Reserve Bank of Australia (RBA) decided not to change the key... Read More

The PMI in the US manufacturing sector fell to the lowest since May 2020


April, 03 2023

According to the Institute for Supply Management (ISM), the index of business activity in the US... Read More

Finland will join NATO on April 4


April, 03 2023

NATO Secretary General Jens Stoltenberg said that Finland will be admitted to the alliance on April... Read More

Goldman Sachs: the price of oil will reach $95 by December


April, 03 2023

On Sunday, April 2, a meeting of OPEC+ countries was held, at which an unexpected decision was made... Read More

Oil has risen sharply on OPEC+ production cuts


April, 03 2023

The oil market showed a sharp increase in quotations on Monday morning: Brent crude jumped to... Read More

The EC decided to keep the ceiling on Russian oil prices at $60


March, 31 2023

The European Commission informed EU diplomats that the ceiling of the price of Russian oil will not... 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.