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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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People Rush in Que for Indonesia Tax Amnesty Program


March, 31 2017

In early Friday before dawn, the government tax amnesty program of Indonesia had attracted hundreds... Read More

Climate Change is Good for Arctic Region, Putin Says


March, 31 2017

President of Russia, Vladimir Putin pronounced that the recent ice melting and global warming in... Read More

Japanese Inflation Records First Double Surge in Two Years


March, 31 2017

Japanese core consumer prices increased by a fraction for the second consecutive time last month,... Read More

German Regional Inflation Pulled the Euro Down


March, 30 2017

Change in market sentiment after a regional inflation in Germany pulling the Euro currency back to... Read More

Fed Vice Chair Stanley Fischer Forecasts Two More Interest Raise in 2017


March, 30 2017

In an interview with CNBC, Fed Vice Chairman Stanley Fischer anticipates the central bank for a... Read More

Asian Stocks Mix Up as Oil Maintains Gains, JPY Drops


March, 30 2017

Asian stocks started off on a mixed note as global equities stayed within its record highs as the... Read More

Nigeria and Norway Seek Opportunities to Non-oil Sector investments


March, 29 2017

Stakeholders from Nigeria and Norway looked for opportunities outside to increase direct foreign... Read More

Toshiba Corp. Declares Bankruptcy for Westinghouse


March, 29 2017

Nuclear energy firm Westinghouse has been declared bankrupt by the board of Toshiba Corp. after... Read More

POBA Acquires Brederode Worth W130b


March, 29 2017

Public Officials Benefit Association (POBA), a local authority that manages the retirement funds of... Read More

Australia Rescinded Extradition Treaty with China


March, 28 2017

Australia withdrew its vote to ratify the extradition treaty with China on Tuesday. This is a... Read More

Economic Growth of South Korea Rose to 2.8%


March, 28 2017

As stated by the Central Bank of Korea on Tuesday, their economy gained 2.8 percent from a year... Read More

Asian Stocks Surge as Dollar Cools Down


March, 28 2017

High-risk assets experienced an easing in its selloff after US stocks managed to make a slim... Read More

Vulnerable Regions in Britain Agreed to Leave EU


March, 27 2017

Further countries of the Great Britain agreed to withdraw from the European Union despite its high... Read More

China and New Zealand Expanded FTA to Strengthen Ties


March, 27 2017

Chinese Premier Li Kequiang and New Zealand’s Prime Minister Bill English have agreed to expand the ... Read More

Republicans Get Trump’s Ire as Health Bill Loses


March, 27 2017

Republican leaders and groups bore the brunt of President Donald Trump’s ire on Sunday as the a... Read More

New Zealand Interest Rates Remained at 1.75%


March, 24 2017

During the recent monetary policy meeting of the central bank of New Zealand, they concluded to... Read More

Slew of Scandal Involvements Prompts Samsung to Apologize to its Investors


March, 24 2017

Tech giant Samsung Electronics Co. issued an apology last Friday following the firm’s involvement i... Read More

South Korea’s Economic Expansion Remained Slow Amid Recovery in the Global Market


March, 23 2017

In spite of signs of improvement in the global economy, Yongmaan Park, Korea Chamber of Commerce... Read More

Japanese Exports Surge to Highest Value in Two Years as China Becomes Top Customer


March, 22 2017

Japanese exports surged for the third consecutive time last month as the country’s economic r... Read More

Cuban Citizens in Favor of American Ally


March, 22 2017

A rare poll conducted over the Cuban populace showed results that nearly all of the citizens of... Read More

Japan Exports Rose in February After Two Years


March, 22 2017

Japan exports rose for more than two years in February after a decline in January. It has exceeded... Read More

Reshuffle of China’s Central Bank's Monetary Policy Committee


March, 21 2017

China has reshuffled its cabinet officials. Guo Shuqing has been appointed as China's banking... Read More

Asian Stocks Drop as JPY, Bonds Surge


March, 21 2017

Asian stocks dropped as the Japanese yen maintained its hold on its recent gains while bonds... Read More

Iranian Year is a Year of “Economy of Resistance”, Khamenei Says


March, 21 2017

The supreme Leader of Iran, Ayatollah Ali Khamenei have reiterated on Monday for a call of a... Read More

Denmark Repayment of Debt after 183 Years


March, 20 2017

The Scandinavian country, Denmark is scheduled to pay off its latest foreign currency loans with an... Read More

Germany and Japan Promotes Free Trade deal


March, 20 2017

German Chancellor Angela Merkel and Japan’s Prime Minister Shinzo Abe discussed free trade between c... Read More

North Korea Tests High-Thrust Rocket Engine Anew


March, 20 2017

North Korea has recently carried out the testing of a brand new high-thrust rocket engine which... Read More

ECB Deposit Rate Climbed to 80% Chance of Rate Hike


March, 17 2017

The European Central Bank is most likely to raise its deposit rate with 80% chance on December... Read More

British Spending Growth Might Weaken in the Long Run—PwC


March, 17 2017

PricewaterhouseCoopers LLP stated UK consumer spending would probably weaken in the long run after... Read More

Canada’s Morneau to Promote Canadian Economy in US


March, 17 2017

Canadian Federal Finance Minister, Bill Morneau is preparing for disclosing the details regarding... Read More

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