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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

Alibaba plans to issue bonds worth $5 billion


November, 15 2024

Chinese technology company Alibaba Group Holdings plans to issue bonds worth about $5 billion this month, Bloomberg reports, citing insiders. It is expected that the sale of debt obligations may include issues in both dollars and yuan. However, the company itself has not yet given official comments.The move follows the successful private placement of convertible bonds for a similar amount in May. The last time Alibaba issued standard dollar bonds on public markets was in 2021, when it condu... Read More

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Brent crude oil exceeded $49 for the first time since March


November, 26 2020

The price of January Brent oil futures rose above $ 49 per barrel for the first time since March 6,... Read More

US jobless claims unexpectedly rose over the week


November, 25 2020

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

The European market is growing after the release of strong statistics from Germany


November, 24 2020

The European stock market opened higher on Tuesday amid enthusiasm for progress in the coronavirus... Read More

Experts predict Europe «long years of pain»


November, 23 2020

Analyzing the current state of affairs in Europe, experts note that the growth of corporate debts... Read More

Germany invited the US to abandon sanctions on Nord Stream 2


November, 20 2020

The Eastern Committee of the German Economy appealed to the Speaker of the United States House of... Read More

For the first time since 2013, the euro surpasses the dollar in international payments


November, 19 2020

According to the SWIFT payment system*, the single European currency surpassed the US dollar in... Read More

Gold prices drop on news of coronavirus vaccine


November, 18 2020

Gold price is recovering weakly after a daily decline to $1,866.10 per troy ounce. The current gold... Read More

Asia created the world's largest trading block


November, 16 2020

Fifteen countries in the Asia-Pacific region on Sunday formed the world's largest free trade bloc... Read More

US lost status as China's largest trading partner


November, 13 2020

During his speech at the business summit, Premier of the State Council of the People's Republic of... Read More

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


November, 12 2020

According to the US Department of Labor, the number of Americans who filed initial applications for... Read More

OPEC downgrades forecast for fall in global oil demand in 2020


November, 11 2020

The Organization of the Petroleum Exporting Countries (OPEC) has once again lowered its forecast... Read More

Germany shared views on the future of Nord Stream 2


November, 10 2020

According to a statement from the Eastern Committee of the German Economy, an association uniting... Read More

OPEC+ deal parameters may be changed more than expected


November, 09 2020

The head of the Ministry of Energy of Saudi Arabia, Prince Abdel Aziz bin Salman, at the oil... Read More

Unemployment in the US in October fell to 6.9%


November, 06 2020

According to the US Department of Labor, the number of jobs in the economy in October increased by... Read More

Gold awaits US election results


November, 06 2020

The price of gold on Friday is growing moderately against the background of market participants'... Read More

Bank of England expands government bond buyback program to £ 875bn


November, 05 2020

Today a meeting of the Bank of England was held, following which the regulator kept the base... Read More

Expert: OPEC+ countries should postpone the softening of the deal from January of the new year


November, 03 2020

Anne-Louise Hittle, vice president of consulting firm Wood Mackenzie, said at the International... Read More

Oil prices fall amid new quarantine measures in Europe


November, 02 2020

World oil prices fell to $36 a barrel Monday morning on concerns over demand following the... Read More

US consumer sentiment index rose better than forecast


October, 30 2020

The Michigan Consumer Sentiment Index, which measures household confidence in the US economy, rose... Read More

Oil fell below $38 for the first time since June 1


October, 29 2020

Oil prices have been falling over the past few days due to COVID-19 risks and U.S. election... Read More

ECB expectedly kept the base rate at zero level


October, 29 2020

The Board of Governors of the European Central Bank (ECB) at its meeting today kept the base... Read More

Bank of Canada has kept the rate at the same level of 0.25%


October, 28 2020

The Bank of Canada on Wednesday kept its key interest rate at a record low of 0.25%. Earlier, the... Read More

US consumer confidence index unexpectedly declined in October


October, 27 2020

According to analyst firm Conference Board, the consumer confidence index in the US in October fell... Read More

The trade war with China did not contribute to the growth of industrial production in the United States


October, 26 2020

The trade war with China, unleashed by US President Donald Trump, did not achieve its main goal (a... Read More

US exchanges are trading in positive territory on forecasts for state aid


October, 23 2020

According to the trading data, the main US stock indexes on Friday are mainly growing against the... Read More

Gold price resumed falling


October, 23 2020

The price of gold resumed its decline after the morning corrective growth. The current quotation of... Read More

EU intends to prepare a response to possible US sanctions


October, 21 2020

German Foreign Ministry spokesman Christopher Burger said that the European Commission intends to... Read More

Gold grows weakly amid uncertainty around US elections


October, 20 2020

Gold prices rise slightly on Tuesday evening amid continued uncertainty around the upcoming US... Read More

US exchanges are growing on expectations of economic stimulus


October, 19 2020

Major US stock indexes rallied on Monday in anticipation of news on a new US fiscal aid package and... Read More

Johnson urges Britons to prepare for tough Brexit option


October, 16 2020

British Prime Minister Boris Johnson said today that it is time for the country to prepare for a... Read More

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