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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

Russia has started using Bitcoin in foreign trade


December, 25 2024

Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in legislation aimed at circumventing Western sanctions.Economic restrictions have made it difficult to trade with key partners such as China and Turkey, as local banks avoid transactions with Russia for fear of sanctions. In response, Russia allowed the use of cryptocurrencies in international trade and took ste... Read More

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Retail sales in the eurozone in June increased by 1.5% compared to May


August, 04 2021

Eurozone retail sales rose 1.5% in June from a revised figure in May, according to a press release... Read More

Bitcoin will inevitably rise in price in the long term


August, 04 2021

Over the past two weeks, the value of bitcoin has risen by 23% after the crash in mid-May, when its... Read More

Oil strengthened the decline in the middle of the week


August, 04 2021

On Wednesday afternoon, oil quotes intensified their decline amid growing fears over demand due to... Read More

IMF has allocated a record amount for economic recovery


August, 03 2021

The International Monetary Fund (IMF) will allocate SDR 456 billion (the unit of calculation of the... Read More

SEC plans to tighten regulation of cryptocurrencies


August, 03 2021

The head of the US Securities and Exchange Commission (SEC) Gary Gensler said that cryptocurrency... Read More

British currency rises on news from the UK


August, 03 2021

The British sterling rate is rising on Tuesday after three days of decline amid news related to... Read More

Oil has accelerated the fall


August, 02 2021

Oil prices accelerated their fall on Monday, reaching $72.32 a barrel. The main factor of pressure... Read More

US stock market demonstrates growth


August, 02 2021

According to the trading data, the main US stock indexes are growing on Monday on internal... Read More

Cryptocurrency market in the first week of August


August, 02 2021

At the end of the last week of July, almost all cryptocurrencies completed trading in positive... Read More

Gold market in the first week of August


August, 02 2021

Last week, the price of gold rose to $1,832 per troy ounce. However, analysts note that the asset's... Read More

US stock indices decline on macroeconomic statistics


July, 30 2021

Major US stock indexes are falling on Friday after the publication of statistics on GDP and... Read More

The number of bitcoins on crypto-exchanges fell to the level of 2018


July, 30 2021

Over the past 24 hours, cryptocurrency exchanges have recorded a decrease in the number of bitcoins... Read More

The number of applications for unemployment benefits in the United States fell worse than expected


July, 29 2021

According to the US Department of Labor, the number of initial jobless claims for the week ended... Read More

Data on US inventories supported oil prices


July, 29 2021

On Thursday, oil prices began to rise, supported by data on declining US energy inventories. The... Read More

Results of the US FRS meeting weaken the dollar


July, 29 2021

The results of yesterday's meeting of the US FRS were perceived by the market rather calmly and led... Read More

Central banks around the world are actively buying gold


July, 29 2021

According to a report by the World Gold Council (WGC), in the second quarter of 2021, central banks... Read More

ME shares rise amid recovery in Chinese exchanges


July, 28 2021

Emerging market equities rallied Wednesday after declining 5% in the previous three sessions. The... Read More

Poland has accepted the completion of the Nord Stream-2 construction


July, 28 2021

A spokesman for the Polish government, Piotr Müller, said that the country's authorities have ... Read More

Chinese stocks are hitting the worst crash since 2008


July, 27 2021

According to the results of the last two trading sessions, shares of Chinese companies listed in... Read More

China talks about the impasse in relations with the United States


July, 26 2021

Xie Feng, Deputy Foreign Minister of the People's Republic of China, said that US-China relations... Read More

Gold grows amid demand for defensive assets


July, 26 2021

Gold prices rallied on Monday amid rising demand for the defensive asset amid a weakening dollar... Read More

China was suspected of wanting to completely ban bitcoin


July, 26 2021

Bobby Lee, one of the first crypto billionaires in China and the founder of the BTC China crypto... Read More

Oil drops due to coronavirus


July, 26 2021

On Monday, the oil market showed a decline in Brent to $72.23 per barrel, which, however, was... Read More

Economic Calendar | July 26 – July 30


July, 26 2021

Monday, July 26On Monday, the macroeconomic calendar is almost empty again, and the market will... Read More

Oil rises after data on US oil reserves


July, 09 2021

The oil market is showing an upturn at the end of the week after the release of data on US oil... Read More

The number of applications for unemployment benefits in the US unexpectedly rose


July, 08 2021

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

Russia tries to rescue stalled OPEC+ talks


July, 08 2021

Russia is trying to help resolve disputes between Saudi Arabia and the UAE in negotiations on a... Read More

The ECB intends to raise the inflation target to 2%


July, 08 2021

The leaders of the European Central Bank (ECB) announced that the regulator will raise the... Read More

The EC raised its forecast for growth and inflation in the eurozone


July, 07 2021

The European Commission has revised upward its estimates of economic growth in the eurozone in 2021... Read More

Protective Assets: Gold or Cryptocurrency?


July, 07 2021

Goldman Sachs experts are confident that in the future Ethereum will be able to take the place of... Read More

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