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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.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Latest Economic News

U.S. budget deficit increased to $121 billion


November, 14 2024

The initial stage of the fiscal year for the US budget was marked by a significant increase in the deficit. This growth is mainly due to increased spending on health and defense.Data from the Ministry of Finance, released on Wednesday, showed a deficit of $121 billion for October. Compared to the same period last year, this increase was 89%, although after excluding distortions related to the inflow of deferred tax revenues in 2023, the increase was only 22%.These figures are of serious concern ... Read More

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Puerto Rico G.O. Bonds Dropped to its Lowest in 2 Months


March, 15 2017

Puerto Rico’s General obligation (GO) bonds dropped after the financial recovery plan has been a... Read More

Argentine Labor Unions Protested Government Job Cuts


March, 14 2017

The Argentine Interior Minister, Rogelio Frigerio announced that the labor unions in Argentina put... Read More

British Parliament Gives Theresa May Brexit Go Signal


March, 14 2017

British Prime Minister Theresa May is now preparing to jumpstart the actual Brexit process this... Read More

Turkey’s Dispute with Netherlands Called Off its Diplomatic ties


March, 14 2017

Turkey plans to put off diplomatic ties with the Netherlands as announced by the Dutch ambassador... Read More

Ford’s Lincoln Aims to Manufacture SUVs in China


March, 13 2017

Lincoln automobiles under Ford Motors Co’s plans to advance its entry to China and was doing some a... Read More

Canada’s Partnership with Ivanhoe Cambridge and LOGOS to Invest in Indonesia and Singapore


March, 13 2017

The biggest pension fund managers in Canada settled an agreement with a real estate logistics... Read More

Brexit Dissenter Kristin Forbes to Resign from BoE Post


March, 13 2017

Kristin Forbes, one of the most vocal dissenters in the Bank of England’s nine-member Monetary P... Read More

Nigeria Launched Recovery Plan for Economic Growth


March, 10 2017

The government of Nigeria has introduced its master plan to take off the recession with hopes of... Read More

Next Visit of Vietnam’s PM to U.S. to Strengthen Ties


March, 10 2017

Prime Minister Nguyen Xuan Phuc aims to maintain its trading ties with the United States under the... Read More

South Korean President Park Geun-hye Impeached amid Corruption Probe


March, 10 2017

A South Korean court has unanimously ruled for South Korean president Park Geun-hye’s impeachment f... Read More

UK’s Higher Taxes for Self-employed Deemed by Hammond as Necessary


March, 09 2017

Britain is firm on its decision to increase taxes on self-employed workers despite many disapprove... Read More

Positive Economic Outlook for Malaysia


March, 09 2017

Based on the report of Securities Commission Malaysia (SC), the economic growth of Malaysia is... Read More

Canada’s Economy Lead Over other G7 Countries


March, 08 2017

The Canadian economy is expected to gain 2.4% this year with equal expectations as of the United... Read More

Pharma Stocks Drop as Trump Posts Drug Prices Tweet


March, 08 2017

Pharmaceutical stocks plummeted on Tuesday after Donald Trump plunged back into the drug pricing... Read More

Dollar Trimmed Down after a Two-month High


March, 08 2017

The surge of U.S. dollar decelerated minimally on Wednesday session after reachinga two-month high... Read More

European Stocks Pulled Down by German data


March, 07 2017

The European stocks dropped for three days in a row on Tuesday pulled by the decline in shares of... Read More

Australia's Interest Rate Remained on Hold


March, 07 2017

Australia's Interest Rate Remained on Hold Australia kept its interest rates steady on Tuesday,... Read More

Brexit Supporters Push May to Examine EFTA Comeback


March, 07 2017

UK Prime Minister Theresa May is recently being urged by a panel of Brexit-supporting lawmakers to... Read More

Planned Reduction of China’s Steel Sector in 2018


March, 06 2017

China aims to reduce its oversupply in the steel sector for next year according to the National... Read More

Egypt Economy Contracted According to PMI Report


March, 06 2017

The Egyptian economy slowed down for the 17th time within the month of February showing a much... Read More

Philip Hammond to Allocate $676 Million to Boost UK Tech


March, 06 2017

UK Chancellor Philip Hammond has announced that he will be utilizing Wednesday’s budget to offer m... Read More

A Flexible Domestic Market Target of Chinese Forex regulators


March, 03 2017

An accommodating local currency market that is both open and competitive to curb the impact of... Read More

Indian Economy Expected to Climb Over 7.5%, Mukherjee says


March, 03 2017

Indian President Pranab Mukherjee mentioned that the country’s economic growth plays between 0 to 1 ... Read More

US Jobless Claims Hit Lowest Levels in Over 40 Years


March, 03 2017

The US job market looks like it’s in for more positive movements in the coming days after the c... Read More

Dropped in Oil prices due to Excess Supply in February


March, 02 2017

For three succeeding session, the crude oil dropped as the supply accumulated affecting the overall... Read More

Economic Boost for Timor Leste


March, 02 2017

The country bounded in the Western Indonesia, Timor Leste or called East Timor in the past has... Read More

Britain’s Inequality Set to Rise as UK Crisis Takes Effect


March, 02 2017

Inequality and poverty rates in the UK are expected to get worse within a five year-period as the... Read More

PBOC Released $60.2 B to Trigger Liquidity in February


March, 01 2017

The Central bank of China funded 413.85 billion yuan equivalent to 60.2 billion U.S. dollar in... Read More

Nigerian Economy Declined After 25 years


March, 01 2017

After 25 years the economy of Nigeria experienced an annual decline in its economic output as the... Read More

Investors Shift Focus from Trump Statement to Fed Movements


March, 01 2017

Investors are now shifting their focus from Donald Trump’s Congress address to the timing of the F... Read More

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