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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

China gave way to the United States as Germany's main trading partner


May, 17 2024

In the first quarter of 2024, China gave way to the United States as Germany's main trading partner, according to a report by the Federal Statistical Office of Germany (Destatis).During this period, Germany reduced exports to China by 1.1% compared to the same period last year – to 24 billion euros. The volume of German imports from China decreased by 11.7% to 36 billion euros. China accounted for 10.9% of the country's total imports in January-March. More than 25% of electric vehicles impo... Read More

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Why is oil declining?


May, 02 2024

This week, the price of Brent crude oil has significantly decreased, falling by more than 4%. The... Read More

The US Federal Reserve kept the rate at the same level for the sixth time in a row


May, 02 2024

The US Federal Reserve has decided to leave interest rates unchanged – this is the sixth c... Read More

Uranium prices have exceeded $90 per pound


May, 02 2024

Uranium prices have risen above $90 per pound, exceeding their highest in more than seven weeks.The... Read More

The main events by the morning: May 2


May, 02 2024

The Fed has decided to keep the key rate at 5.5%. According to Powell, inflation exceeds... Read More

The yen is strengthening after a sharp decline against the dollar


April, 29 2024

The exchange rate of the Japanese yen against the US dollar continues to strengthen, reaching 155... Read More

Maersk invests $600 million in Nigeria


April, 29 2024

The President of Nigeria, Bola Tinubu, has signed an agreement with the Danish giant Maersk to... Read More

The main events by the morning: April 29


April, 29 2024

Elon Musk unexpectedly arrived in Beijing after the visit of the head of the State Department... Read More

Oil prices rose, breaking a two-week losing trend


April, 27 2024

On Friday evening, oil prices rose, breaking a two-week downward trend. Oil is growing, even... Read More

Alphabet's capitalization exceeded $2 trillion for the first time


April, 27 2024

The market value of Google's holding company, Alphabet Inc., exceeded the $2 trillion mark for the... Read More

The main events by the morning: April 27


April, 27 2024

A new attack on Russian refineries: drones attacked a plant in the Krasnodar Territory of the... Read More

Trump advisers discuss sanctions for countries that move dedollarization


April, 26 2024

Donald Trump advisers are looking for ways to counteract the process of dedollarization in the... Read More

The Bank of Japan kept the rate unchanged and raised inflation forecasts


April, 26 2024

The Bank of Japan kept its key interest rate unchanged after the end of a two-day meeting on Friday... Read More

The main events by the morning: April 26


April, 26 2024

406 companies are officially registered in the so-called «Russian offshore», and this number is g... Read More

Macron is lobbying for von der Leyen's replacement as head of the European Commission


April, 25 2024

French President Emmanuel Macron has begun talks with other European Union leaders on the search... Read More

Bank of America: forecasts on Tesla


April, 25 2024

Bank of America experts predict a 35% rise in Tesla shares after the first quarter report.... Read More

The main events by the morning: April 25


April, 25 2024

The Houthis are attacking again: the American destroyer Maersk Yorktown and two commercial vessels... Read More

«Bulls» are returning to the oil markets


April, 24 2024

On Tuesday, oil prices showed steady growth, increasing by 1.3% and reaching the level of $88.50... Read More

The BRICS will seriously consider Sri Lanka's application for membership


April, 24 2024

Kirill Babayev, President of the National Coordinating Center for International Business... Read More

The meeting of the Bank of Japan may lead to the intervention of the yen


April, 24 2024

According to the forecast of Bank of America, the Japanese yen may strengthen to a level above 155... Read More

The main events by the morning: April 24


April, 24 2024

China is experiencing a shortage of its own steel production. This led to a 65% increase in iron... Read More

Oil prices returned to growth


April, 23 2024

On Tuesday evening, oil prices began to rise again as investors assessed the situation in the... Read More

Microsoft and Coca-Cola have signed an agreement in the field of AI


April, 23 2024

Microsoft Corp. and Coca-Cola Co. announced a five-year strategic partnership aimed at exploring... Read More

JPMorgan: the correction in the US market is not over yet


April, 23 2024

The decline in the US stock market over the past 3 weeks has become the starting point for a... Read More

The main events by the morning: April 23


April, 23 2024

Russia has earned a record $125 million from grain supplies to China. According to the statistics... Read More

Gold is getting cheaper as tensions in the Middle East decrease


April, 22 2024

On Monday, gold prices fell by more than 2% amid a decrease in geopolitical risks. Quotations of... Read More

The main events by the morning: April 22


April, 22 2024

Germany believes that the US bills approved over the weekend on financing Ukraine may be the last.... Read More

The main events by the morning: April 19


April, 19 2024

At night, Israel launched a retaliatory attack on Iran. The attack was limited and carried out with... Read More

Oil prices have stabilized after the new US sanctions against Venezuela


April, 18 2024

Crude oil prices fell on Thursday to $86.27 per barrel, continuing the dynamics of yesterday.... Read More

Sanctions against Russian metals will harm the U.S. and Great Britain more than Russia


April, 18 2024

The imposition of sanctions has led to the fact that the London and Chicago Metal Exchanges can no... Read More

Binance received a full license in Dubai and planned to return to India


April, 18 2024

The Dubai government granted Binance Holdings a full VASP license after the ex-CEO of the exchange,... Read More

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