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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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Suez Canal blocked: 12% of world trade in question


March, 24 2021

One of the largest container ships in the world, owned by the Taiwanese company Evergreen Marine,... Read More

Bitcoin can rise to $300 thousand, but then – fall by 80-90%


March, 23 2021

Co-founder and former CEO of BTCC crypto exchange Bobby Lee said that today bitcoin is in a «bull ... Read More

German economy falls due to antivirus restrictions


March, 22 2021

The Bundesbank said today that the German economy is likely to contract sharply in the first... Read More

British currency falls on fears over AstraZeneca vaccine


March, 16 2021

The pound sterling declines against the euro and the dollar on Tuesday amid news of the suspension... Read More

Oil hits $70 maximum on strong data from China


March, 15 2021

Brent crude hit a high of $70 per barrel on Monday, boosted by data from China, which indicated a... Read More

Biden signs incentive package act


March, 12 2021

US President Joe Biden signed into law a $1.9 trillion stimulus package a day earlier than... Read More

ECB kept monetary policy unchanged


March, 11 2021

A meeting of the Board of Governors of the European Central Bank (ECB) took place today, following... Read More

Bitcoin capitalization exceeded $1 trillion again


March, 09 2021

In the morning trading session on Tuesday, bitcoin rose to $54348.57, reaching a 24-hour high. At... Read More

OPEC+ ministerial meeting outcomes


March, 05 2021

On Friday, Brent crude rose to $68.60 for the first time since January 2020. The prices were... Read More

Construction of Nord Stream 2 postponed until September


March, 04 2021

The construction of the Russian gas pipeline Nord Stream 2 was again postponed, this time for six... Read More

Gold falls in price on lower demand for «safe-haven» assets


March, 03 2021

On Wednesday, the price of gold declines against the background of investors leaving defensive... Read More

China's financial regulator announced a «bubble» in global stock markets


March, 02 2021

The China Banking and Insurance Supervision and Control Committee (CBIRC) said the rally in the US... Read More

Cardano takes the lead in cryptocurrency rally


March, 01 2021

Cryptocurrency Cardano last week renewed all-time highs and came in third after Bitcoin and... Read More

Germany has announced four options for the future «Nord Stream 2»


February, 26 2021

The German authorities have proposed four options for the future of the «Nord Stream 2» project in o... Read More

US stock exchanges decline after the release of statistics on the GDP


February, 25 2021

US stock exchanges are falling on Thursday after the release of statistics on GDP and the labor... Read More

German GDP in the IV quarter grew by 0.3%


February, 24 2021

According to the final data of the Federal Statistical Office of Germany, the country's GDP in the... Read More

Poland and Ukraine call on the US to «end» the construction of the Nord Stream-2


February, 22 2021

Foreign Ministers of Poland and Ukraine Zbigniew Rau and Dmitry Kuleba called on US President Joe... Read More

Bitcoin capitalization approached $1 trillion


February, 19 2021

The bitcoin rate continues to update historical highs, and the cryptocurrency capitalization is... Read More

The number of applications for unemployment benefits in the US rose worse than expected


February, 18 2021

According to the US Department of Labor, the number of initial claims for unemployment benefits for... Read More

Elon Musk's SpaceX raised $850 million


February, 17 2021

Last week, space company SpaceX, owned by Tesla CEO Elon Musk, raised $850 million in new funds,... Read More

Oil market dynamics


February, 16 2021

On Tuesday, the oil market demonstrates multidirectional dynamics: Brent quotes fluctuate in the... Read More

US Senate acquits Trump at impeachment trial


February, 15 2021

The Senate of the US Congress, during its meeting, acquitted former President Donald Trump in the... Read More

Oil continues to break records


February, 10 2021

Oil continues to break records, reaching $61.50 a barrel. Brent rose in price for the ninth session... Read More

Elon Musk once again contributed to the historical growth of bitcoin


February, 09 2021

The cost of bitcoin for the first time exceeded the $48 thousand mark today. The rapid growth was... Read More

Oil market hits annual high


February, 05 2021

The oil market continues its bullish rally, reaching $59.70 per barrel. The last time the quotes... Read More

The number of applications for unemployment benefits in the United States for the week fell by 33 thousand


February, 04 2021

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

The number of jobs in the private sector in the United States in January grew better than expected


February, 03 2021

According to a press release from the analytical company Automatic Data Processing (ADP), the... Read More

Silver prices skyrocket to 8-year highs


February, 01 2021

Silver prices have jumped 16% over the past three trading sessions. The current quotation of the... Read More

Bitcoin rose after Elon Musk's tweet


January, 29 2021

According to the trading data, the growth of bitcoin on Friday accelerated sharply, exceeding the... Read More

Biden considers Nord Stream-2 a bad deal for Europe


January, 27 2021

US President Joe Biden said that he considers the Nord Stream 2 gas pipeline project a bad deal for... Read More

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