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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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UK Mortgage Approvals Decline in November


December, 29 2016

The data for mortgage approvals on November is driven down according to the record of the British... Read More

USD Reaches 14-Year Highs as EUR Plummets to Lowest Levels in 2016


December, 29 2016

The US dollar surged to its highest levels for this week and has nearly reached its highest... Read More

Vietnam Fast Economic Growth Gained More Than 6% in GDP


December, 28 2016

Vietnam’s economy rose by 6.21% this year being the fastest country to grow in the manufacturing s... Read More

China’s Economy Remains Stable Until 2017


December, 28 2016

The Bureau of Statistics released the GDP of China showing 6.7% growth during the previous three... Read More

US Stocks Trade Near Record High as Oil Prices Surge, Bonds Drop


December, 28 2016

US stocks traded within its record highs in the midst of low market liquidity after oil prices... Read More

Expected Resurgence of Russia in 2017


December, 27 2016

After years of recession, Russia is about to come back for next year. Although it does not mean... Read More

US Consumer Sentiment Rose in December Since 2004


December, 27 2016

The victory of Donald Trump caused the consumer confidence index (CCI) to continuously increased... Read More

USD Retreats from China-backed Increase, Sets Record Lows Against Yen


December, 27 2016

The USD dropped from its recently high levels during the mid-morning trading session in spite of... Read More

Deutsche Mortgage Securities $7.2B Settlement with U.S.


December, 23 2016

Deutsche bank has finally decided to a $7.2 billion settlement with U.S. regarding its toxic assets... Read More

Durable Goods Orders Sank to 4.6%, But Core Figures Slightly Increased


December, 23 2016

The report for durable goods orders hand over a lower-than-expected data in October based on the... Read More

Thai Central Bank Sustained 1.5% Rate


December, 22 2016

The Bank of Thailand (BOT) maintain its key interest rate as it presents a 13th-time record low,... Read More

Depreciation of Dollar Brings the Oil Prices Up


December, 22 2016

Oil prices climbed higher driven by depreciation of dollar despite the subdued market in Asian... Read More

US Stocks Drop as Oil Prices Retreat with USD


December, 22 2016

US stocks dropped in value after the Dow Jones Industrial Average index was unable to make... Read More

Improving Overall Assessment of Japan’s Economy Since 2015


December, 21 2016

The economy of Japan is gaining momentum to recovery since 2015 as data from the Bank of Japan... Read More

JPY Drops as Bank of Japan Maintains Hold on Yield Curve


December, 21 2016

The Japanese yen dropped in leveraged funds selling after the Bank of Japan announced that it will... Read More

U.S College Graduates to Enter the 'Strongest Job Market’ in a Decade, says Fed Chair


December, 21 2016

On Monday, the Federal Reserve Chair Janet Yellen spoke to the graduates of the University of... Read More

Italian Government Solicits €20bn to Support Their Struggling Banks


December, 20 2016

The Italian government waiting for parliamentary approval to borrow as much as 20 billion Euro... Read More

German Business Climate Hit A Higher Level in December


December, 20 2016

The highly-regarded business climate index of the Germany published its data which showed an upbeat... Read More

Oil Ends Up Near $52 BPD as Investors Monitor Return of Libyan Crude


December, 20 2016

Oil prices ended up at nearly $52 barrels per day after investors shifted their focus to the... Read More

Malaysian Ringgit Dropped to Its Lows Since 1998


December, 19 2016

The Malaysian Ringgit has reached its lowest in the midst of strong dollar and weakened economy... Read More

US Homebuilding Dropped at 18.7 % in November


December, 19 2016

The U.S housing market dropped in November, however, its level is still in a stable condition which... Read More

Depreciation of Japanese Yen is Favorable for Japan


December, 15 2016

The depreciation of yen is beneficial for companies as it attracts more investments giving higher... Read More

Unemployment Rate in Britain Remains Low


December, 15 2016

The unemployment rate in UK had marginally declined to 1.62 million from August until October, as... Read More

USD Surges to Highest Levels in Two Weeks as Federal Reserve Hikes Interest Rates


December, 15 2016

The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Read More

USD Stabilizes as Fed’s Two-Day Meeting Commences


December, 15 2016

The USD had a somewhat muted trading session since traders are now closely monitoring Federal... Read More

Inflation Concerns in UK Rises


December, 14 2016

The tension in British households has lessen since May 2015, as most focus on increase in inflation... Read More

German Economic Sentiment Remains Steady According to ZEW


December, 14 2016

The economic sentiment for Germany remained constant for this month as it was supported by a... Read More

Oil Prices Surge to Highest Levels in Almost Two Years Following Production Cuts Pledges from Non-OPEC Countries


December, 14 2016

Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Read More

Confirmed: Former Finance Minister, Bill English is the New Prime Minister of New Zealand


December, 14 2016

Simon William English or also known as Bill English is the  new New Zealand Prime Minister as... Read More

Lowered Inflation Rate of Brazil in the End of the Year


December, 12 2016

The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... Read More

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