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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Oil ends the week with growth amid geopolitical uncertainty


October, 25 2024

The oil market ended the week with growth, recovering some of the losses on Monday and Tuesday.... Read More

The main events by the morning: October 25


October, 25 2024

The US presidential election promises to be extremely tense: the chances of Trump and Harris are... Read More

Apple plans to increase investments in China


October, 24 2024

Apple CEO Tim Cook held a meeting in Beijing with representatives of the Chinese government,... Read More

The euro is falling under pressure from the dollar and weak economic data


October, 24 2024

On Wednesday, the euro continued its decline, reaching its lowest level since the beginning of... Read More

The yuan is getting cheaper amid the return of Trump


October, 24 2024

The yuan is feeling a strong influence caused by the return of Donald Trump to the US political... Read More

The main events by the morning: October 24


October, 24 2024

The technological confrontation between the United States and China will continue regardless of the... Read More

Elections do not scare: Bitcoin to $80,000


October, 23 2024

Despite the upcoming US presidential election, traders in the bitcoin options market are betting on... Read More

Oil prices are declining amid rising stocks in the United States


October, 23 2024

On Wednesday, the oil market saw a decline in prices due to data on the growth of crude oil... Read More

The main events by the morning: October 23


October, 23 2024

Argentina abolished the tax service, replacing it with a «simplified» Agency for Fees and Customs C... Read More

Investors are leaving thematic ETFs en masse: AI, video games and other topics are losing popularity


October, 22 2024

There is a change of favorites in the global investment market. Investors are increasingly moving... Read More

ECB rate cut in October remains questionable


October, 22 2024

Markets expect a 25 basis point rate cut from the European Central Bank next week. Such a decision,... Read More

The euro is weakening, the dollar is rising amid the upcoming elections in the United States


October, 22 2024

The dollar index continues to grow, reaching two-month highs and approaching 104.0.This growth is... Read More

Nvidia shares have updated the historical maximum


October, 22 2024

Nvidia shares hit a new record, rising 4.14% to $143.71, which increased their annual gain to... Read More

The main events by the morning: October 22


October, 22 2024

Trump can become president even after losing the election. Some officials, congressmen and... Read More

Gold hits a historical high: $2,750 per ounce


October, 21 2024

The price of gold broke the $2,750 per ounce mark for the first time in history. Over the year, the... Read More

Oil is growing moderately after a week-long decline


October, 21 2024

Oil prices showed moderate growth on Monday after a more than 7% drop last week. Brent crude... Read More

Bitcoin at $70,000: market expectations against the background of elections


October, 21 2024

On Monday, the price of bitcoin reached a three-month high, exceeding $69,500. This growth is... Read More

The main events by the morning: October 21


October, 21 2024

Economists doubt the effectiveness of China's incentives. According to world experts, the measures... Read More

The energy myth of AI: why forecasts are not so scary


October, 18 2024

While interest in artificial intelligence is steadily growing around the world, its impact on... Read More

Oil prices may soar by 62% in early 2025


October, 18 2024

CitiBank predicts that by the beginning of next year, the price per barrel may exceed $120, which... Read More

BRICS strengthens its position on the world trade arena


October, 18 2024

By the end of 2023, the BRICS countries (Brazil, Russia, India, China and South Africa) increased... Read More

China is preparing a blow to the European automotive industry


October, 18 2024

The Chinese Ministry of Commerce has announced its intention to consider the possibility of... Read More

The main events by the morning: October 18


October, 18 2024

Donald Trump has spoken sharply about the conflict between Russia and Ukraine. The former US... Read More

Cryptocurrencies have reached a historical maximum of users


October, 17 2024

Cryptocurrencies are experiencing a real boom, reaching new heights of popularity. Blockchain coins... Read More

Energy revolution: the world is on the threshold of cheap and clean energy


October, 17 2024

The International Energy Agency (IEA) has published a new World Energy Outlook 2024 report, which... Read More

Gold is aiming for new records amid pre-election uncertainty


October, 17 2024

Gold is breaking records again, in anticipation of a tense presidential race in the United States.... Read More

The main events by the morning: October 17


October, 17 2024

Switzerland has imposed a ban on banks using any alternatives to SWIFT. The statement of the... Read More

The dollar is strengthening amid Trump's growing chances of victory


October, 16 2024

On the eve of the US presidential election, the dollar is showing growth – investors expect the v... Read More

Inflation in the UK has fallen to its lowest level in two years


October, 16 2024

UK inflation unexpectedly fell to 1.7% in September, reaching its lowest level since April... Read More

Gold continues to grow, waiting for data from the United States


October, 16 2024

Gold continues to grow, waiting for economic data from the United States, which may affect... 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.