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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

Oil ended the week with a decline, fearing weak demand from China


November, 15 2024

Oil ended the week with losses, despite a short-term recovery at the beginning of the week. Brent fell to $71.80 per barrel today, and WTI – to $67.54. Over the week, Brent lost 3%, and WTI – almost 4%.Chinese refineries reduced oil refining by 4.6% in October compared to last year. The reasons are the closure of factories and a decrease in operating performance at small independent refineries.Investors are increasingly worried about the state of the Chinese economy, which is the largest consume... Read More

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Oil retreats from highs as US-Iran talks continue


February, 08 2022

On Tuesday, oil prices finally began to decline, approaching the level of $91 per barrel after... Read More

Gold is getting cheaper on the expectation of a faster Fed rate hike


February, 08 2022

On Tuesday, the price of gold was declining as the US dollar rose in anticipation of inflation... Read More

NATO plans to build a gas pipeline between Spain and Germany


February, 07 2022

Spanish media reported that NATO countries are considering the possibility of building a gas... Read More

Shares of US tech giants are losing attractiveness in the eyes of investors


February, 07 2022

According to analysts' research, investors are gradually reconsidering their approach to trading... Read More

Economic Calendar | February 7 – 11


February, 07 2022

Monday, February 7On Monday, the macroeconomic calendar is completely empty again. Therefore, the... Read More

Oil market declines after reaching multi-year highs


February, 07 2022

Brent oil started today with an increase to the level of $93.99 per barrel, continuing to update... Read More

The US proposed to exempt cryptocurrency payments from taxes


February, 04 2022

In the United States, the bill «On Fair Taxation of Cryptocurrencies» was re-submitted to Congress, ... Read More

Brent exceeded $92 per barrel for the first time since 2014


February, 04 2022

On Friday, Brent crude oil prices rose rapidly to the level of $92.45 per barrel, breaking the... Read More

The European Central Bank kept rates unchanged


February, 03 2022

Following the results of today's meeting, the European Central Bank left the base interest rate on... Read More

The Bank of England may raise the key rate for the second time in a row


February, 03 2022

A regular meeting of the Bank of England will be held today, at which, as expected, the regulator... Read More

OPEC+ countries will increase oil production in March by 400 thousand barrels per day


February, 02 2022

A meeting of OPEC+ ministers was held today, at which it was decided to jointly increase oil... Read More

Germany has set the conditions for the launch of Nord Stream-2


February, 02 2022

During a press conference, the head of the German Bundestag Defense Committee, Marie-Agnes... Read More

Inflation in the eurozone has set a new record


February, 02 2022

According to the European statistical agency Eurostat, the growth of consumer prices in the... Read More

Oil completed the first month of the year with a significant increase


February, 01 2022

On the first day of February, the oil market continues to demonstrate stability in the area of... Read More

Gold is rising on Tuesday morning on political tensions


February, 01 2022

The value of gold is steadily growing on the first day of February. The current quote of the... Read More

Oil remains near highs at the beginning of a new trading week


January, 31 2022

On Monday, oil prices remained stable at $89 per barrel after jumping to seven-year highs last... Read More

Eurozone GDP grew by 5.2% in 2021


January, 31 2022

According to preliminary data from the Statistical Office of the European Union Eurostat, the... Read More

Economic Calendar | January 31 – February 4


January, 31 2022

Monday, January 31As a rule, the economic calendar is completely empty on Mondays, but this time we... Read More

What should OPEC+ consider before the upcoming meeting


January, 28 2022

Next Wednesday, February 2, a regular meeting of OPEC+ will be held, at which the alliance members... Read More

France's GDP in 2021 grew by a record 7% for the first time since 1970


January, 28 2022

Insee, the National Institute of Statistics and Economic Research of France, reported a historic... Read More

The US economy in 2021 showed the highest growth rate since Reagan


January, 27 2022

According to the Bureau of Economic Analysis of the US Department of Commerce, the country's gross... Read More

Oil prices are stable at 7-year highs


January, 27 2022

On Thursday, the price of Brent remains stable near the level of $90 per barrel after yesterday's... Read More

The US Federal Reserve can raise the interest rate more than four times in 2022


January, 27 2022

The results of the meeting of the US Federal Reserve System forced market participants to slightly... Read More

European stocks in the red amid the «hawkish» position of the Fed


January, 27 2022

On Thursday, European stocks are down about 1% after the announcement of the results of the meeting... Read More

Wall Street futures rise ahead of US Federal Reserve meeting


January, 26 2022

Futures on major US stock indexes are rising by more than 1% on Wednesday in anticipation of the... Read More

The US will release another 13.4 million barrels of oil from strategic reserves


January, 26 2022

The US Department of Energy has announced plans to release an additional 13.4 million barrels of... Read More

Australia claims Russia's place as a gas supplier to Europe


January, 26 2022

Federal Minister of Natural and Water Resources of Australia Keith Pitt said today that the country... Read More

Lamborghini is going to make the first electric car


January, 25 2022

The Italian manufacturer Automobili Lamborghini intends to convert the entire line of its supercars... Read More

How much will the «green» energy transfer cost?


January, 25 2022

According to a number of analyst studies, the global energy transfer to carbon neutrality by 2050... Read More

Nikkei falls to 5-month low


January, 25 2022

The Japanese Nikkei stock index closed near a five-month low on Tuesday due to investor caution... Read More

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