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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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Bitcoin has updated the historical maximum twice a day


November, 09 2021

Over the past day, bitcoin has reached maximum values twice, rising first to $67 thousand, and then... Read More

The oil market in the green zone at the beginning of a new trading week


November, 08 2021

On Monday, the price of Brent rose to the level of $84 per barrel. The current value of the asset... Read More

Gold has reached a peak of two months


November, 08 2021

The price of gold on Monday reached the level of $1,828 per ounce, updating the two-month... Read More

Ethereum has updated another record


November, 08 2021

The Ethereum exchange rate, the second most capitalized cryptocurrency after bitcoin, reached the... Read More

Economic Calendar | November 8 – 12


November, 08 2021

Monday, November 8As usual, the beginning of the week is accompanied by the absence of any... Read More

FAO: World food prices have broken a 10-year high


November, 05 2021

According to the Food and Agriculture Organization of the United Nations (FAO), world food prices... Read More

Unemployment in the US in October fell better than forecast


November, 05 2021

According to the US Department of Labor, unemployment in the country fell to 4.6% in October (from... Read More

The oil fell after the announcement of the results of the OPEC+ meeting


November, 05 2021

Yesterday, the results of the OPEC+ meeting became known, at which a unanimous decision was made to... Read More

COP26: EU and USA intend to reduce dependence on fossil fuels


November, 04 2021

European Commission Commissioner for Energy Kadri Simson said today that the European Union and the... Read More

The OPEC+ Monitoring Committee advised to preserve the production parameters


November, 04 2021

The OPEC+ Monitoring Committee at today's meeting recommended that the alliance countries maintain... Read More

Fed: It's too early for the Fed to talk about a rate hike


November, 04 2021

Jerome Powell, head of the US Federal Reserve, following a meeting of the Federal Open Market... Read More

Iran is ready to return to negotiations on a nuclear deal


November, 04 2021

Iranian Deputy Foreign Minister Ali Bagheri-Karni said that on November 29 the Iranian side will... Read More

The gas price in Europe jumped after Gazprom's decision


November, 02 2021

Gazprom announced that it had not booked additional capacity for transit through the gas... Read More

Oil is declining on the eve of the OPEC+ meeting


November, 02 2021

On Tuesday evening, world oil prices are declining ahead of the results of the OPEC+ meeting... Read More

Economic Calendar | November 2 – 5


November, 02 2021

Monday / Tuesday, November 1–2The first two days of November are notable for an absolutely empty e... Read More

Wall Street breaks records amid Tesla's sharp growth


November, 02 2021

At the close of trading on Monday, the main Wall Street indexes reached record highs amid a sharp... Read More

Gold is growing in anticipation of the US Federal Reserve meeting


November, 01 2021

The price of gold is rising on Monday, reaching $1.797 per ounce. Investors are waiting for the... Read More

Oil is recovering after the morning fall


November, 01 2021

On Monday, oil began the trading day with a decline in quotations to the level of $83 per barrel.... Read More

Bill Gates: Abandoning nuclear power could lead to problems with energy supply


October, 29 2021

Microsoft founder Bill Gates said that abandoning nuclear power could lead to serious problems with... Read More

Eurozone GDP grew by 2.2% in the third quarter


October, 29 2021

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

Annual inflation in Germany accelerated to its highest in 28 years


October, 28 2021

According to preliminary estimates by the German Federal Bureau of Statistics (Destatis), inflation... Read More

US GDP grew by only 2% in the third quarter


October, 28 2021

According to a press release from the Bureau of Economic Analysis of the US Department of Commerce,... Read More

Oil reached a minimum of 2 weeks amid negotiations with Iran


October, 28 2021

Oil prices on Thursday fell to $81.62 per barrel, which was the lowest in the last two weeks.... Read More

Putin's instructions lead to a drop in the cost of gas in Europe


October, 28 2021

The spot price of gas in Europe continues to decline on Thursday. The pressure on the asset was... Read More

Gold is stable in the middle of the week


October, 27 2021

On Wednesday evening, the price of gold fluctuates slightly near $1,795 per ounce. Market... Read More

Oil price decreases after API statistics


October, 27 2021

World oil prices started to decline on Wednesday afternoon after the release of data on oil... Read More

Bitcoin drops sharply to $58 thousand


October, 27 2021

The cost of bitcoin fell sharply on Wednesday: in just ten minutes, the cryptocurrency fell in... Read More

High concentration of Bitcoin ownership is dangerous for the market


October, 26 2021

Studies of the cryptocurrency market have revealed a high concentration of bitcoins in the hands of... Read More

Facebook has slowed revenue growth due to Apple's privacy policy


October, 26 2021

Facebook has published reports for the third quarter of 2021, noting a significant slowdown in the... Read More

Tesla may resume support for payments in BTC


October, 26 2021

Elon Musk, the head of the leading manufacturer of electric cars Tesla, hinted that he may soon... Read More

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