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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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Economic Growth of Mexico Slowed in Q4


February, 01 2017

The economic status of Mexico had slowed down during the fourth quarter as the growth in services... Read More

European Equities Fall as Trump’s Trade Plans Unravel


January, 31 2017

European stocks plummeted on Monday after investors assessed the possible implications of... Read More

Positive Outlook on Japan’s Economic Growth Forecast caused BOJ to Maintain its Policy


January, 31 2017

The Bank of Japan adjusted higher its economic forecast on Tuesday. However, the monetary policy... Read More

Germany Oust China as the World’s Largest Exporter


January, 31 2017

Based on the report of Ifo Research Institute, the trade surplus account of Germany broke its own... Read More

Japan’s December Retail Sales Fell Short from Expectations


January, 30 2017

    The Bank of Japan is scheduled to set its monetary policy after a two-day... Read More

BB to Keep Rates on Hold, Kabir Said


January, 30 2017

The central bank of Bangladesh maintained its key policy rates on January 29, Sunday according to... Read More

USD Drops, Asia Stocks Slump after Trump’s Immigration Ban Causes Unrest


January, 30 2017

The US dollar inched lower and asian stocks declined after the market suffered repercussions... Read More

Spanish Unemployment Drops to 18.6%


January, 27 2017

The labor market of Spain has produced more than 400,000 jobs in 2016 while the unemployment rate... Read More

US Stocks Deliver Mixed Signals as Dollar Strength Returns


January, 27 2017

US stocks stopped its rallying trend during Thursday’s trading session after investors gathered a s... Read More

Singapore Manufacturing Data Rallied on Strong Exports Demand


January, 26 2017

The industrial production of Singapore rose at th quickest rate over five years in December driven... Read More

Bundesbank posts two percent Inflation rate for Germany


January, 26 2017

Based on the report of Deutsche Bundesbank, inflation is predicted to surge for this month. Earlier... Read More

Slow Economic Growth for South Korea in Fourth Quarter


January, 26 2017

The Bank of Korea confirmed on Wednesday the economic growth of the sovereign state fell back... Read More

Trump signed Exec Order for Controversial Pipelines


January, 26 2017

Environmentalists have predicted about the much-protected issue but only few of them presumed it... Read More

USD Drops as Trump Begins Pulling Out US from Trade Agreements


January, 26 2017

The US dollar continued its losing streak after President Trump signed an Executive Order which... Read More

Bank of Japan Done Adding Stimuli under Kuroda—Economists


January, 26 2017

Economists are stating that Bank of Japan is already done with adding economic stimulus to the... Read More

Shinzo Abe Open to Possible US Bilateral Trade Deal after Trump Withdraws from TPP Agreement


January, 26 2017

Japanese Prime Minister Shinzo Abe has stated that he is currently open to a possible bilateral... Read More

China's Economy Advanced by 6.7% in 2016


January, 20 2017

China being the world's biggest importer of goods and services has big impact on global trading.... Read More

Positive Year for NZ’s Manufacturing Sector


January, 20 2017

The assessment for the Business PMI of New Zealand remained unchanged in January which is 54.5. An... Read More

USD Regains Footing as EUR Drops due to Dovish Comments from ECB


January, 20 2017

The USD was able to reclaim the majority of its losses prior to the inauguration of US... Read More

Proposed U.S. Tax Cut Favors Canadian Economy


January, 19 2017

The Bank of Canada’s Overnight rate target uphold the 0.50 percent as the economic outlook remains t... Read More

Australia’s Increase in Employment


January, 19 2017

The Australian Bureau of Statistics released an official data on Thursday showing an upsurge in... Read More

Fed's Yellen Says Future Rate Hikes Dependent on US Economy


January, 19 2017

Federal Reserve Chair Janet Yellen has stated that the Fed might consider implementing a Fed rate... Read More

Chinese Government’s Countermeasure for Decline in Home Prices


January, 18 2017

Residential property in Guangzhou climbed by 0.7 percent in December according to the report from... Read More

India’s Demonetization Impacts the Economy


January, 18 2017

India presented consecutive growth for less than 7 percent in the past three-quarters during... Read More

Pound Surges, USD Plummets after Trump, May Comments


January, 18 2017

The sterling pound finally increased in value after a long slump after UK PM Theresa May outlined... Read More

Theresa May Set to Announce UK’s Move to Exit EU Single Market


January, 17 2017

UK Prime Minister Theresa May is scheduled to address the UK government today, wherein she is... Read More

Sterling Hit Its Lows Against a basket of currencies since May’s Brexit Speech


January, 17 2017

The British pound slumped to a three-month low on Tuesday influenced by the speech of Prime... Read More

New Zealand Business Confidence Remains Solid


January, 17 2017

For the months of October to December 2016, the state of the New Zealand economy kept an optimistic... Read More

Economic Assessment Shows a Moderate Growth of Japan’s Economy


January, 16 2017

The Bank of Japan economic assessment shows a positive outlook in its quarterly report on Monday.... Read More

Oil prices Amp Up as the Dollar Weakens


January, 16 2017

Oil prices edged higher as the dollar weaken and the expectations about Organization of the... Read More

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