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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

Bitcoin fell below $93 thousand amid a review of the Fed's policy


December, 20 2024

On Thursday, the bitcoin exchange rate fell below the $100 thousand mark and continued its decline on Friday. The key factor influencing the dynamics of the market was forecasts of a slower reduction in the Fed's interest rate next year.Currently, the cost of bitcoin has decreased by 2.6%, reaching the level of $92,936. Coindesk data shows that over the past five trading sessions, the cryptocurrency has lost 7.8% of its value. However, despite the current correction, bitcoin has managed to incre... Read More

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Economy of Australia Remained Steady, says RBA


May, 05 2017

The central bank of Australia made some slight changes in its GDP rate and inflation projection... Read More

Malaysia Exports Exceeded Expectations in March


May, 05 2017

The growth of annual exports in March has been sluggish as shown in the government data released on... Read More

Trade Disparity Between US and Mexico Expands


May, 05 2017

The MXN experienced downward pressure after trade war anxieties stemming from Trump’s tough take o... Read More

BI Positive Outlook for 1st quarter GDP Despite Sluggish growth


May, 04 2017

The economy of Indonesia is anticipated to gain momentum in the first quarter because of growth in... Read More

Stronger Indian Rupee Provided Positive Impact to Masala Bonds


May, 04 2017

The Indian Rupee (INR) strengthened against the American dollar, while the masala bonds could take... Read More

Negative Q1 US GDP Report Actually Good, According to Economists


May, 04 2017

The US economy has recently recorded its slowest growth rate within a three-year period during the... Read More

Singaporean Economy Dropped to 1.9% in 2017


May, 03 2017

Singapore labeled as the Lion City is expected to wrap up the year reaching 1.9% growth in the... Read More

Quadrupled-leverage ETFs Consented by U.S. SEC


May, 03 2017

The Securities and Exchange Commission has allowed a quadruple leverage in exchange traded funds... Read More

Fed March Hike Not Possible, But June Hike Still on the Table


May, 03 2017

Members of the financial industry are no longer expecting the Federal Reserve to push through with... Read More

RBA Maintained Current Rates Amid Wage Risks


May, 02 2017

The Reserve bank of Australia kept their rates unchanged for nine succeeding months on Tuesday... Read More

U.S Economy Probably Expand by 3% in Two Years, Says Mnuchin


May, 02 2017

According to Steven Mnuchin, U.S Treasury Secretary, the economic growth of the United States could... Read More

US Consumer Spending Surges, Consumer Prices Crash Following Inflation


May, 02 2017

American consumer spending grew at a steady rate last month following an inflation surge, enabling... Read More

Riksbank To Extend Its Bond Buying Programme for Six Months


April, 28 2017

According to Thursday’s statement from the Swedish central bank, they will limit the size of its b... Read More

ECB Maintains its Stimulus, Leaves Interest Rates Unchanged


April, 28 2017

It seems that the European Central Bank is not so keen on loosening its grip on its current... Read More

China’s Banking Regulators Eased Loan Transfer


April, 27 2017

The policy for non-performing loan transfer was loosened to allow to permit lenders to sell... Read More

Japanese Central Bank Kept Monetary Policy Unchanged with Positive Projections


April, 27 2017

The Bank of Japan has greater economic predictions amid its policy meeting result announced on... Read More

NAFTA Dangers Sends MXN Plunging


April, 27 2017

The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following... Read More

Credit Suisse Sets to Raise $4B CHF Rights Offering


April, 26 2017

Credit Suisse bank increased its capital estimated by 4 billion Swiss francs equivalent to 4... Read More

Sweden-Maharashtra Collaboration For Climate Issues


April, 26 2017

The Kingdom of Sweden seems eager to join forces with Maharashtra with regards to waste disposal,... Read More

March New Home Sales Surge by 5.8%


April, 26 2017

The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an... Read More

Asian Stocks Abated Due to High Risks


April, 25 2017

The appeal of Asian stocks to investors has subsided because of political and economic risks that... Read More

Russia Ranked Third Among Military Spenders


April, 25 2017

Based on a study issued on Monday, the Russian Federation ranked third with high expenditures on... Read More

Trump Proposes Corporate Tax Cuts by Up to 15%


April, 25 2017

White House aides have been ordered by President Donald Trump to draft a corporate tax plan which... Read More

Inflation Weighed on the Economy of Britain


April, 24 2017

The British economy has cooled significantly in the months of January to March this year because... Read More

China’s Bullish GDP Growth Stabilizes Yuan


April, 24 2017

The first quarter data of China has come out after a solid positive gain causing a slow down in... Read More

ECB Reassures EU Citizens amid French Election Concerns


April, 24 2017

An official from the European Central Bank has offered his reassurances to a very worried EU... Read More

The U.S. Reduces Trade Barriers with Indonesia; Signed a $10B Deal


April, 21 2017

The America works towards reducing trade barriers with Indonesia which were the focus during the... Read More

US Jobless Claims Surge After a Month, Signaling Job Growth


April, 21 2017

The latest US jobless claims data surged after almost four weeks, signal a consistent growth in... Read More

New Zealand Inflation Came in Strong in the First Quarter


April, 20 2017

The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter... Read More

March and June Fed Rate Hikes Possible, According to Economists


April, 20 2017

Several economists are speculating that the US Federal Reserve could possibly be in for two more... Read More

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