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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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Elon Musk contributed to the creation of a new token


June, 25 2021

Tesla founder Elon Musk once again took advantage of his influence on the cryptocurrency market,... Read More

American indices break records on the US statistics


June, 24 2021

Major US stock indexes are growing on Thursday, updating all-time highs, on the back of the... Read More

Oil in positive territory after the release of data on US inventories


June, 24 2021

The oil market is strengthening on Thursday, showing an increase in Brent quotes to $75.75 per... Read More

Moody’s: the US expects the market to fall


June, 23 2021

The representative of the international agency Moody’s, which monitors the state of economies in d... Read More

Cryptocurrency market crashed


June, 22 2021

Over the past day, the cryptocurrency market collapsed, and the fall of some assets was 10-20%. The... Read More

Oil prices rise above $ 75 for the first time since the beginning of 2019


June, 22 2021

World oil prices hit a new two-year high, rising to $75.28 for the first time since 2019. Since the... Read More

Oil in the black amid summer fuel demand


June, 21 2021

Oil prices rise moderately on Monday amid strong fuel demand thanks to the summer auto season.... Read More

Crypto traders lost $1 billion due to Chinese bans


June, 21 2021

The central bank of China has called on financial institutions to fight harder against... Read More

Economic Calendar | June 21-25


June, 21 2021

Monday, June 21Traditionally, the beginning of the trading week is accompanied by an empty economic... Read More

Cryptocurrency market today


June, 18 2021

In financial circles, the opinions of specialists regarding the suitability of cryptocurrencies as... Read More

The oil market fell at a record in a month


June, 18 2021

At yesterday's trading, oil prices experienced a record drop in a month on the back of a rise in... Read More

European stock exchanges decline on Friday


June, 18 2021

On Friday morning, the major stock indexes in Europe showed a decline after the comments of the US... Read More

The number of applications for unemployment benefits in the United States unexpectedly rose


June, 17 2021

According to the US Department of Labor, the number of applications for state unemployment benefits... Read More

Investors prepare for volatility amid expectations of stimulus collapse


June, 17 2021

The Federal Reserve is starting to talk about curtailing super-soft monetary policy, which may... Read More

Oil prices accelerated growth on data on declining US inventories


June, 16 2021

The cost of black gold accelerated growth on Wednesday evening after the publication of statistics... Read More

The Netherlands intends to create a hydrogen exchange


June, 16 2021

The Netherlands, home to one of the world's premier natural gas trading hubs, TTF, is planning a... Read More

China again threatens all world trade


June, 15 2021

The partial closure of the Yantian terminal at the Chinese port of Shenzhen is putting the entire... Read More

Oil rises amid problems reaching agreement on Iranian nuclear program


June, 15 2021

On Tuesday, the oil market is on the rise again, as the declining prospects for an agreement on the... Read More

ECB raised its forecast for GDP growth in the euro area


June, 11 2021

According to the latest forecast of the ECB, the growth of GDP in the eurozone this year will... Read More

World oil prices accelerated growth


June, 10 2021

On Thursday evening, world oil prices accelerated their growth, approaching $73 per barrel. The... Read More

IRS wants to receive data on transactions in cryptocurrencies


June, 09 2021

US Internal Revenue Service (IRS) Commissioner Charles Rettig said Congress needs to give the tax... Read More

Libya has recorded a significant reduction in oil production


June, 09 2021

Libya's National Oil Corporation (NOC) CEO Mustafa Sanalla said the country has cut oil production... Read More

Europe faces an unplanned gas shortage


June, 08 2021

Gas prices in Europe remain at an all-time high, although gas prices generally fall in summer. The... Read More

Biden proposed to limit China's participation in world trade


June, 07 2021

US President Joe Biden said China should not be involved in the development of global trade and... Read More

The European Parliament named the countries to be admitted to the European Union


June, 07 2021

The head of the European Parliament David Sassoli in his interview called for the admission of the... Read More

Economic Calendar | June 7 – June 11


June, 07 2021

Monday, June 7The beginning of the week is traditionally calm and all the market's attention will... Read More

Germany announced almost complete completion of Nord Stream 2


June, 04 2021

Klaus Ernst, chairman of the Bundestag Committee on Economics and Energy, said that the Nord Stream... Read More

The oil market is in the final phase of the growth cycle


June, 04 2021

Analysts believe that the oil market is currently in the final phase of its growth cycle, and... Read More

Beige Book: US economic growth accelerates


June, 03 2021

The US Federal Reserve Beige Book was published last night – a document containing summaries and c... Read More

Experts believe that Ethereum will very soon overtake Bitcoin


June, 02 2021

According to analysts, Ethereum has more practical value than Bitcoin. In particular, we are... Read More

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