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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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Positive Data Buoys Up Japanese Factory Sector's Confidence


June, 20 2017

Japanese manufacturers confidence rating rallied this month reaching the record level high in April... Read More

UK Loses First Round of Brexit Talks to EU Bloc


June, 20 2017

The EU bloc dominated the first round of Brexit negotiations as UK officials cowered and retreated... Read More

Tighter Housing rules in South Korea


June, 19 2017

South Korea implemented tighter mortgage rules and adjust speculations regarding the resale of... Read More

Japan’s Exports Amp Up in May


June, 19 2017

Japanese exports had gained higher in May which recorded on its fastest pace two years ago.... Read More

Aussie Economy can Grow Further, says Philip Lowe


June, 19 2017

RBA Governor Philip Lowe thinks that the Australian economy will still be able to grow further if... Read More

Oil Rise Still Below Target Amid Oil Glut


June, 16 2017

Prices of oil surged on Friday maintaining its close to six-month lows because of excess supply... Read More

Calgary Council to create a $10-million Economic Development Fund


June, 16 2017

The council of Calgary asked to produce an economic development investment fund (EDIF) that... Read More

BoJ’s Kuroda Faces Pressure to Discuss Exit Plans


June, 16 2017

As the Bank of Japan will be concluding its two-day meeting on Friday, BoJ Governor Haruhiko... Read More

Job Creation in Australia Reached 42,000, Unemployment Rate Slowdown by 5.5% in May


June, 15 2017

Australia created additional jobs with a total of 42,000 which exceeded the expectations of 10,000... Read More

New Zealand's Below Expectation Economic Growth


June, 15 2017

The New Zealand economy climbed by 0.5 percent in the first quarter of the year but still lower... Read More

Fed Implements Rate Hike, Maintains Outlook for Next Hike


June, 15 2017

The US Federal Reserve has pushed through with its planned interest rate hike for this month while... Read More

Germany’s Economic Confidence Declined Unexpectedly


June, 14 2017

Financiers from Germany shows confidence towards the recovery of the Euro region, however, the UK... Read More

Credit Losses Bound to Get Higher in the Industry


June, 14 2017

Credit card losses will most likely increase in volume in the United States and all over the... Read More

May Appoints Political Opponent as Junior Minister


June, 14 2017

UK Prime Minister Theresa May has recently appointed a leading anti-EU Tory campaigner as a junior... Read More

Italy and Qatar to Continue Economic Ties


June, 13 2017

Countries, Italy and Qatar decided to maintain their deal regarding close integration on economy... Read More

Finland’s Export Data Shows Signs of Recovery


June, 13 2017

The Bank of Finland forecast data shows the growth of Finland’s economy as exports recuperated g... Read More

Limited Drop of Sterling in the Global Market Amid U.K. Parliamentary Election


June, 09 2017

On Friday, the British pound slumped following vague results without a particular party that... Read More

ECB not yet to Withdraw Stimulus Program


June, 09 2017

The European Central Bank decided to loosen its monetary policy on Thursday but indicated that it... Read More

Surge in Chinese Trades Amid Weakened Economic Growth


June, 08 2017

Reports indicating China is gaining momentum in the economy as both exports and imports rallied in... Read More

Trump to Launch Draft of Worker-Training Initiatives


June, 08 2017

President Donald Trump will be launching the draft of his administration’s training agenda for the ... Read More

‘Hard’ Brexit Weigh Against UK Economic Performance


June, 08 2017

The British economy is projected to slow down this 2017 and the following year as it was inundated... Read More

Goldman Sachs Higher Rates to Gain More Clients


June, 07 2017

The Goldman Sachs Bank U.S.A. intends to increase its rates on client deposit by 1.2 percent from... Read More

Growth in Australian Economic Figures Breaks World Record


June, 07 2017

As shown in the official figures, the Australian economy expanded by 0.3 percent in Q1 and gained... Read More

Top Security Officials to Testify on Comey-Russia Probe


June, 07 2017

Several high-ranking officials of the US National Security Council will be testifying before a... Read More

Service Sector of United States Slowdown in May


June, 06 2017

Services sector activity of the United States softened last month due to downswing in factory... Read More

Slow Growth of Scottish Economy, EY reports


June, 06 2017

Based on the forecast of the EY Scottish item club that the GDP growth will be weak falling below... Read More

World Bank Predicts Seven-Year High for 2018 Global Economic Growth


June, 06 2017

In a statement made last Sunday, the World Bank predicted that a possible correction in trade... Read More

Indian Economy Boost by 7.2 percent, World Bank Says


June, 05 2017

Apparently, India was able to recover from the negative effects brought by the demonetization as... Read More

South Korea Began Stimulus Fiscal package of $10 billion for Job Sector


June, 05 2017

South Korea will release a stimulus package worth 11.2 trillion won equivalent to $10 billion U.S.... Read More

US Jobless Rate Drops to 4.3% as Hiring Declines


June, 05 2017

US unemployment rates fell to its lowest levels reached within a 16-year period last May/ Market... Read More

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