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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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Experts believe that Biden's oil strategy is disastrous


November, 24 2021

Oil prices moved to an increase after yesterday's statement by the United States on reaching an... Read More

Japan also announced the sale of reserve oil


November, 24 2021

Japanese Prime Minister Fumio Kishida officially announced the decision to print part of the... Read More

Gold prices are rising in anticipation of the US statistics


November, 24 2021

On Wednesday morning, the price of gold started to rise after yesterday's decline to the level of... Read More

Trump criticized the current US energy policy


November, 23 2021

Former US President Donald Trump criticized the policy pursued by the current head of the White... Read More

Joe Biden announced the release of oil from US reserves


November, 23 2021

US President Joe Biden announced the decision to release 50 million barrels of oil from the... Read More

Gold increased the decline amid news from the Fed


November, 22 2021

Gold prices accelerated the pace of decline after the news from the US Federal Reserve System. The... Read More

Great Britain invests more than 9 million pounds in a hydrogen gas storage project


November, 22 2021

The Ministry of Business, Energy and Industry of the UK announced plans to invest 9.4 million... Read More

Cryptocurrency Market | November 22 – 26


November, 22 2021

While the main cryptocurrency, bitcoin, is declining from the $58,000 level, some altcoins have... Read More

Economic calendar | November 22 – 26


November, 22 2021

Monday, November 22 This week, Monday will be more eventful than usual. Instead of an... Read More

Nasdaq index could grow by 19% in 2022


November, 19 2021

Specialists of the private investment company Wedbush shared their forecasts regarding the further... Read More

The European market has declined sharply amid the introduction of quarantine


November, 19 2021

On the European stock market, sales accelerated amid the resumption of restrictions related to... Read More

The Bundestag accused the Greens of causing damage to Germany


November, 18 2021

Representatives of the Bundestag said that the Green Party, opposing the Nord Stream 2 project, is... Read More

Analysts named the factors exerting pressure on the oil market


November, 18 2021

Yesterday ended with a decline in oil prices under the psychological level of $80 per barrel. What... Read More

Inflation in the eurozone has reached a 13-year high


November, 17 2021

According to the European statistical agency Eurostat, inflation in the eurozone has reached a... Read More

Germany outlined the consequences of suspending the certification of Nord Stream-2


November, 17 2021

On Tuesday, the Federal Network Agency of Germany (BNA) announced the suspension of the... Read More

The oil market remains highly volatile


November, 17 2021

For several days now, the oil market has been showing increased volatility, and the quotes of Brent... Read More

The Turkish currency has updated the anti-record again


November, 16 2021

On Tuesday, the exchange rate of the Turkish lira paired with the US dollar again updated the... Read More

Oil accelerated the decline at the end of the trading day


November, 15 2021

On Monday evening, oil quotes accelerated their decline amid investor concerns about the growth of... Read More

The inflation rate in Sweden has reached record levels since 2008


November, 15 2021

According to Statistics Sweden (SCB), the country's inflation rate has reached a record high since... Read More

The inflation rate in Sweden has reached record levels since 2008


November, 15 2021

According to Statistics Sweden (SCB), the country's inflation rate has reached a record high since... Read More

Slowing GDP growth in China could lead to a global financial crisis


November, 15 2021

The US authorities continue to monitor the development of the real estate crisis in China caused by... Read More

Economic calendar | November 15 – 19


November, 15 2021

Monday, November 15The week started again with an almost empty economic calendar. The latest... Read More

The oil market is stable after the release of the monthly OPEC report


November, 12 2021

Oil at the end of the week continues to fluctuate in the range of $81.40-82.50 per barrel. The... Read More

Analysts expect a downtrend to develop next week


November, 12 2021

Analyzing the technical picture on the Russian and American stock exchanges, as well as the... Read More

The expert explained the reasons for the increase in inflation


November, 12 2021

Michael Burry, a well-known financier who predicted the collapse of the real estate and mortgage... Read More

Gold has started to grow steadily


November, 11 2021

On Thursday evening, the price of gold increased its growth amid an increase in demand for this... Read More

Oil continued to decline after inflation-induced drop


November, 11 2021

Oil prices continued to decline on Thursday, reaching the level of $82.10 per barrel. The drop in... Read More

US consumer prices in October increased by 6.2%


November, 10 2021

According to recent statistics, consumer prices in the United States in October rose more than... Read More

Experts assess the risks of a bubble in the market


November, 10 2021

Morgan Stanley experts believe that the loose monetary policy of the US Federal Reserve and the... Read More

The oil market is volatile on Tuesday


November, 09 2021

On Tuesday, Brent quotes again reached the level of $84 per barrel. The main support for the market... Read More

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