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

Oil is recovering moderately after yesterday's drawdown


August, 14 2024

Oil prices are showing growth on Wednesday after a significant two percent drop the day before. The current quote for Brent crude is $81.30 per barrel. Yesterday, the price fell from the level of $82.20 to $80.50 per barrel. The market was supported by data from the American Petroleum Institute (API), which showed a significant reduction in oil reserves in the United States. According to the ministry, reserves decreased by 5,205 million barrels last week.The official statistics on energy re... Read More

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Indian stock market soars on the wave of global investments


July, 09 2024

Since the beginning of June, foreign investors have increased net purchases of shares worth more... Read More

China opens the door for Tesla: electric cars entered public procurement for the first time


July, 09 2024

State-owned enterprises in the Shanghai Free Trade Zone (FTZ) have purchased a batch of Tesla Model... Read More

The main events by the morning: July 9


July, 09 2024

Another Democratic congressman called on Biden to withdraw from the election. Adam Smith, a... Read More

Turkey expects a sharp decrease in annual inflation


July, 08 2024

Turkish Vice President Cevdet Yilmaz said that annual inflation in the country will decrease much... Read More

BRICS countries may combine payment systems


July, 08 2024

Iran has proposed to extend the mechanism of unification of national payment systems to all BRICS... Read More

The main events by the morning: July 8


July, 08 2024

Russia has entered the top 6 countries in terms of purchasing power. According to the American... Read More

The ECB expressed doubts about the interest rate cut


July, 05 2024

The minutes of the ECB's June meeting revealed differences in views on rate cuts. Earlier, the head... Read More

The EU imposed new duties on Chinese electric vehicles


July, 05 2024

The European Union has raised tariffs on electric vehicles from China to protect its automotive... Read More

Bitcoin has collapsed to $54 thousand


July, 05 2024

Bitcoin collapsed to $54,000 last night, which could be its biggest drop since the FTX crash.One of... Read More

The main events by the morning: July 5


July, 05 2024

European business advocates the lifting of sanctions against Russia and the maintenance of trade... Read More

The number of participants in the Russian equivalent of SWIFT continues to grow


July, 04 2024

Despite the EU sanctions, the majority of participants in the Bank of Russia's Financial Messaging... Read More

UBS experts predict the expansion of growth in the stock market


July, 04 2024

Despite the strong performance of the labour market, the bank's analysts expect that the rise of... Read More

The main events by the morning: July 4


July, 04 2024

Tucker Carlson arranged an interview with Zelensky. An American conservative journalist reported... Read More

BTC dropped to $59,000 amid concerns over Mt Gox


July, 03 2024

The price of bitcoin declined on Wednesday, continuing to follow the downward trend of the... Read More

The S&P 500 has set a new historical record


July, 03 2024

The S&P 500 index reached a new historic high at the close of trading on Tuesday, receiving... Read More

India bought record amount of Russian oil


July, 03 2024

In June, India purchased Russian oil in the amount of 2.13 million barrels per day, which was the... Read More

The inflow of funds to Chinese exchange-traded funds reached a record $83.3 billion in 2023


July, 03 2024

In 2023, Chinese exchange-traded funds (ETFs) attracted record investments of $83.3 billion, which... Read More

Inflation has slowed in Turkey for the first time in eight months


July, 03 2024

According to the Statistical Institute of Turkey (Turkstat), in June, the growth rate of consumer... Read More

The main events by the morning: July 3


July, 03 2024

If Trump wins the election, he intends to abandon the expansion of NATO. The idea concerns, first... Read More

FATF excluded Turkey and Jamaica from the grey list


July, 02 2024

The Financial Action Task Force (FATF) has removed Turkey and Jamaica from the grey list. At the... Read More

Bitcoin may break the value record this year


July, 02 2024

Bitcoin, which reached historical highs in March 2024 and then fell significantly, may again... Read More

Inflation in the eurozone slowed to 2.5% in June, as expected


July, 02 2024

In June, consumer prices in the eurozone increased by 2.5% year-on-year, as indicated in the... Read More

Brent rose above $87 per barrel


July, 02 2024

On Tuesday afternoon, oil prices continued to rise, due to concerns about the hurricane season in... Read More

The main events by the morning: July 2


July, 02 2024

The World Bank has recognized Russia as a high-income country. In the report for the period from... Read More

The euro is growing amid the results of the first round of parliamentary elections in France


July, 01 2024

On Monday, the euro strengthened after a less significant than expected victory of the far-right... Read More

The main events by the morning: July 1


July, 01 2024

The companies that left Russia replenished the budget of the Russian Federation by 84 billion... Read More

The main thing in the morning: June 28


June, 28 2024

LNG supplies from the United States to Europe have declined sharply, which could cause a serious... Read More

The Central Bank of Sweden has kept the rate at 3.75% and expects 2-3 reductions in the second half of the year


June, 27 2024

The Central Bank of Sweden (Riksbank) kept its key interest rate at 3.75% per annum at its meeting... Read More

Gold prices are recovering after falling to 2-week lows


June, 27 2024

On Thursday, gold prices are showing a rise after falling to a two-week low in the previous... Read More

The Japanese yen has fallen to a 38-year low


June, 27 2024

On Thursday, the Japanese yen continued to decline, and the USD/JPY pair reached its highest levels... 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.