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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 despite the strengthening of the dollar


November, 14 2024

Oil markets showed moderate growth on Thursday, continuing the recovery trend that began the day before after reaching the lows of the end of October. Brent crude oil prices rose to $73.20 per barrel, and WTI futures added 0.56%, settling at $69.38.The strengthening of the dollar and concerns about an increase in oil supply have been putting pressure on prices in recent weeks. Experts also note that the dollar exchange rate has become a key factor determining the movement of oil prices in t... Read More

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Below Expectations of Chinese PMI for July


July, 31 2017

The manufacturing Purchasing Managers' Index for the month of July was at 51.4 less than the... Read More

Australia’s ‘Neutral” Interest Rate at 3.5 pc


July, 31 2017

Both money markets and economists deemed that the time where the interest rates stimulate or... Read More

U.S. Oil Price Hike Reached an 8-week High


July, 28 2017

The U.S. gasoline futures rallied that resulted to an increase in gains this week following the... Read More

Japan Household Spending Grew 2.3% in June


July, 28 2017

Japan’s household expenditure in the previous month accelerated most in 2015 since the available j... Read More

Positive Outlook for Major Central Banks in 2018


July, 27 2017

The U.S. Federal Reserve reduced its bond holdings for the year and began to narrow down its 2.3... Read More

Growth in UK Film Industry Lift Economy in Q2


July, 27 2017

The British economy was able to accelerate slightly during the second quarter after a lackluster... Read More

Expansion of Capital Markets in China Continues


July, 26 2017

China opens the access to capital markets for various types of investors as announced by China's... Read More

Positive German Business Confidence as Economy Strengthen


July, 26 2017

German firms are preparing for a bountiful period on the back of a slackening summer... Read More

South Korea Growth Outlook Revised to 3 Percent in 2017


July, 25 2017

The growth forecast of South Korea for 2017 was changed on Tuesday pledged to maintain an... Read More

IMF Cut growth forecast for US Economy


July, 25 2017

The International Monetary Fund downgraded its growth outlook for the United States due to concerns... Read More

Technological Advancement Impact to Monetary Policies


July, 24 2017

Development in the Information Technology sector and rising adaptability of the labor market in the... Read More

RBA Maintained its Rates Amid a Global Rate Hike


July, 21 2017

One of the top central banks stated that the interest rates of the Reserve Bank of Australia will... Read More

Higher than Expected UK Retail Sales in June -ONS


July, 21 2017

According to the latest reading on the strength of the UK consumer, it shows an optimistic stance.... Read More

Major Central Banks Policies Turn Hawkish Forecast


July, 20 2017

There is a big expectation for major central banks not to implement easing of monetary policy... Read More

Japan’s Economic Assessment in Moderate Recovery


July, 20 2017

The Japanese government maintains its basic evaluation on domestic economy indicated in the monthly... Read More

Loose Monetary Policy of ECB Proposed by Villeroy


July, 19 2017

The European Central Bank is in the process of curbing inflation to attain the two percent... Read More

ECB Expected to Hold Interest Rates on Thursday


July, 19 2017

The head of European Central Bank (ECB), Mario Draghi is possible to make a soft step since the ECB... Read More

Forecast of Fed’s Easing of Balance Sheet to Raise Rates on Q4


July, 18 2017

The U.S. Federal Reserve intends to curtail its balance sheet estimated $4 trillion or more in... Read More

UK Economy Slowed Down As Consumer Spending Decline


July, 18 2017

The British economy is expected to slow down this year, following its slowest pace since 2012... Read More

China’s Second Quarter GDP Growth Exceeded Expectations


July, 17 2017

China’s economy improved greater than anticipated for the second quarter at a faster pace since b... Read More

Singapore Export Soared For The First Time In June


July, 17 2017

Singapore’s export data upsurge more than anticipated at 8.2 percent in June compared to the p... Read More

Yellen Assessed US Economy Growth Target


July, 14 2017

Fed Chair Janet Yellen said on Thursday that the 3 percent target of the current administration of... Read More

Singapore GDP Rose 0.4% in Q2 Obviated from recession


July, 14 2017

The economy of Singapore rose for the second quarter as it narrowly missed the recession as the... Read More

Swiss Bank Falcon Offers Bitcoin Asset Management


July, 13 2017

The Switzerland’s private financial institution Falcon now stores and trade bitcoins through their c... Read More

Bank of Korea Keep Rates at Record Low 1.25 pc


July, 13 2017

The South Korea’s central bank kept its base rate steady, for the 13th consecutive month on T... Read More

Argentina’s National Index Rose 1.2 percent in June


July, 12 2017

In Argentina, consumer prices climbed to 1.2 percent for the month of June according to the... Read More

Italy’s Industrial Output Rose by 0.7 pc in May


July, 12 2017

The industrial production of Italy had rebounded in May which gives hints that the growth of the... Read More

Emerging Markets and Bonds Selloff Continues


July, 11 2017

The U.S. dollar against the Japanese yen reached a four-month high while both the bonds and the... Read More

EU Leaders Urge Germany to Increase Expenditure


July, 11 2017

The economic leaders of the European Union held a meeting on Monday in Brussels, citing that euro... Read More

Qatar Stays Strong With $340 billion Reserves in QCB


July, 10 2017

Qatar holds reserves worth $340 billion that could prop up the country despite being secluded by... Read More

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