Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

Amazon invests another $4 billion in its main competitor OpenAI


November, 25 2024

Amazon has announced a new $4 billion investment in Anthropic, an artificial intelligence startup that is considered OpenAI's main competitor. Anthropic is a San Francisco–based chatbot and AI model developer company Claude.Thanks to these funds, the total amount of investments made by the company in Anthropic reached $8 billion. At the same time, representatives of Anthropic clarified that Amazon will remain a minority shareholder.According to the company's statement, Amazon Web Services (AWS) ... Read More

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EU Bloc Negotiates with Australia and New Zealand


May, 23 2018

The European bloc confirmed yesterday the start of free trade negotiations with Australia and New... Read More

BOJ Plans to Exit QE in Better Conditions Near 2% Target


May, 22 2018

Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the e... Read More

German’s Strong Economic Upswing Despite Weak Growth in Q1, says Finance Ministry


May, 22 2018

Germany’s economy had a strong growth amid weak data from the largest economy in Europe earlier in 2... Read More

NZ Retail Sales Recorded Slowest Growth in Q1


May, 21 2018

The retail sales volume in New Zealand had expanded during Jan-Mar period but also recorded its... Read More

US Industrial Production Rose to 0.7% in April


May, 18 2018

The factory output in the U.S. increased in April despite the low output on manufacturing and... Read More

Japan’s Inflation Down to 0.7% in April


May, 18 2018

Consumer prices in Japan had increased by 0.7 percent in the previous month, according to the data... Read More

U.S. Building Permits Dropped in April


May, 17 2018

The U.S. building permits dropped in April, indicating the housing market is trying to keep afloat... Read More

South Korean Economy is Optimistic, says S&P


May, 17 2018

According to the Standard & Poor's chief economic policymaker assessment on Thursday, the South... Read More

Sluggish Sluggish Q1 Growth Breaks The Longest Growth Since 1991


May, 16 2018

The largest economy cooled down sharply in the first quarter despite the onset of flu and strikes,... Read More

French Economic Growth at 0.3% in Q2, says BOF


May, 15 2018

The French economy is projected to expand by 0.3 percent during the period of April-June, this... Read More

China’s Industrial Output Exceeded Forecast in April


May, 15 2018

The industrial output of China rose to 7.0 percent in April compared last year which has been... Read More

US Commerce Secretary Ross to Reduce Gap in China


May, 11 2018

US Commerce Secretary Wilbur Ross is hoping to witness a development to lessen the significant gap... Read More

BoE’s Carney’s Remarked Likely Rate Hike by the end of the year


May, 11 2018

Interest will probably increase by the end of the year, according to Bank of England Governor, Mark... Read More

Bank of England Maintained Steady Rates on Weak Data


May, 10 2018

The interest rates were kept steady by the Bank of England on Thursday after an unexpectedly weak... Read More

Higher Investment for Digitalization, Reduce Income Taxes: Germany’s Scholz


May, 10 2018

Germany intends to employ higher-than-anticipated tax revenues to increase investment in the... Read More

Japan’s Consumer Real Wages Grew for The First Time in March


May, 09 2018

Japan’s Inflation on consumer real wages adjusted higher in March for the first time in since D... Read More

British Consumer Economy Fails to Rebound


May, 09 2018

The consumer economy of Britain was unable to bounce back in April due to snowy weather that... Read More

Turkish Central Bank Kept Tighter Monetary Policy Despite Higher Top Rate


May, 08 2018

The central bank of Turkey intends to maintain their current monetary policy until inflation in... Read More

US Economy Strengthen, says Barkin


May, 08 2018

The American economy showed unexpected strength but the robust labor market did not trigger major... Read More

Germany Industrial Orders Dropped for the third successive month in March


May, 07 2018

The German Industrial orders contracted unexpectedly in March. This has been the third consecutive... Read More

Japan’s Central Bank Cautioned Premature Exit Debate


May, 07 2018

Bank of Japan policymakers advised about the premature debate about the withdrawal from the... Read More

U.S. Non-manufacturing sector dropped 2 points in April


May, 04 2018

The non-manufacturing business in America declined in April but the overall growth over 8 years... Read More

Trade Surplus in Australia Increase, Signal Growth Recovery in Q1


May, 04 2018

Trade surplus in Australia expanded to its 10-month highs in March due to increase in resource... Read More

Fed’s Inflation Rate Kept Unchanged Near Target


May, 03 2018

Interest rates were kept steady by the Federal Reserve and confidently saying that recent inflation... Read More

Eurozone GDP Growth Decline in Q1


May, 03 2018

The European economy slackened in the first quarter of this year but was able to surpass Britain,... Read More

Japan’s Services Sector Fastest Growth Over Six Months in April


May, 02 2018

The services sector in Japan rose at the quickest rate in first half of the year due to more demand... Read More

UK Household Borrowing Shrunk to its Lowest Level


May, 02 2018

Household borrowing in Britain fell to its lowest level after 5 ½ years in March. On Tuesday, ... Read More

China’s PMI Services Industry Rose to 54.8 in April


April, 30 2018

The service industry in China rose for the month of April based on the official survey on Monday,... Read More

British Firms are Optimistic despite Weak UK Economy


April, 30 2018

The Lloyds Bank survey indicates that British firms are very optimistic towards its economy. More... Read More

France’s Low Investments Slowed Down First-quarter Growth


April, 27 2018

France, the euro zone’s second-biggest economy, unexpectedly slowed down a bit in the first quarter ... Read More

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.