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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 is recovering despite the strengthening of the dollar


November, 14 2024

Oil markets showed moderate growth on Thursday, continuing the recovery trend that began the day before after reaching the lows of the end of October. Brent crude oil prices rose to $73.20 per barrel, and WTI futures added 0.56%, settling at $69.38.The strengthening of the dollar and concerns about an increase in oil supply have been putting pressure on prices in recent weeks. Experts also note that the dollar exchange rate has become a key factor determining the movement of oil prices in t... Read More

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ECB Rates Remained Unchanged with Underlying Growth Uncertainty


July, 26 2018

With the global uncertainty concerns, the European Central Bank is expected to have a... Read More

“No Winner” in Trade Battle, says China


July, 26 2018

The BRICS (Brazil, Russia, India, China and South Africa) leaders will have a three-day meeting in... Read More

India and Uganda to Boost Defense Ties


July, 25 2018

India and Uganda made a deal to expand bilateral cooperation in terms of defense and economy after... Read More

Eurozone’s Steady Growth of Consumer Confidence in July


July, 24 2018

Consumer confidence in the eurozone remained the same in July, signifying steadfast growth in the... Read More

US Economy Benefited From China’s Weakness, says Bundesbank


July, 24 2018

The Deutsche Bundesbank assessed that the American economy would likely take advantage of the steep... Read More

China’s Urban Unemployment Rate Dropped in June


July, 23 2018

China’s registered unemployment rate for the urban category dropped to 3.83 percent at the latter d... Read More

Germany Imposed Export Limit Against Turkey


July, 23 2018

Germany increased its economic sanctions against Turkey and eased down its travel advisory as... Read More

US Leading Indicators Grew by 0.5% in June


July, 20 2018

The Leading Economic Index by the Conference Board was able to expand by a half percent this month,... Read More

Thailand Exports Grew Slower of 9.5 Percent This Month


July, 19 2018

The annual exports of Thailand forecast an increase of 9.50 percent in June after a sluggish rate... Read More

NZ Economy Driven by Rural-Based Firms


July, 19 2018

The provincial economies of New Zealand were able to drive economic growth, reinforcing the price... Read More

Fed’s Powell Gave an Upbeat Assessment on US Economy


July, 18 2018

The strong economic growth of the United States will help the central bank to maintain its gradual... Read More

Weak Income Growth In UK Despite High Employment


July, 18 2018

Income growth in Britain showed down at its weakest rate in six months despite positive figures in... Read More

South Korea to Unite with Asean and India


July, 17 2018

The 1950-53 Korean War ended under the Presidency of South Korean leader Moon Jae-in and... Read More

Drop in Inflation Rate of Malaysia


July, 16 2018

The Annual inflation rate of Malaysia declined to 1.3 percent in June from 1.8 percent the month... Read More

Chinese Economic Growth Slowed Down


July, 16 2018

China’s economic performance slackened during the quarter ending in June, which increased c... Read More

Irish Economy to Reach Highest Growth in 2018


July, 13 2018

The economy of Ireland is projected to reach its highest record in 2018 based on the latest outlook... Read More

China’ GDP Forecast Grew Amid Trade War


July, 12 2018

Growth forecast of China increased this year, which is unexpected amid the escalating trade war... Read More

India Becomes 6th Largest Economy and Beat France


July, 12 2018

The World Bank issued the updated economic figures for previous year which showed that India held... Read More

Singapore’s Growth Slackened in Second Quarter of the year


July, 11 2018

The economy of Singapore progressed at a slower rate in the second quarter with the manufacturing... Read More

Australian Consumer Confidence Surge since 2013, Survey says


July, 11 2018

The assessment for Australian consumer sentiment climbed to its highest level since late July 2013... Read More

Britain’s Economy Slightly Grew, Increase Stakes for a Rate Hike


July, 10 2018

The British economy has gained track in May after its slowdown in early 2018, based on the official... Read More

BOJ Maintained Optimistic Forecast for Regional Japan


July, 10 2018

The Bank of Japan (BOJ) kept an optimistic forecast for its entire nine Japanese regions on Monday.... Read More

Canada’s Unemployment Rate Grew by 6.0 Percent in June


July, 09 2018

Job openings in Canada added 31,800 jobs in June compared to the poll of 24,000 on analysts by... Read More

France-EU Combined Forces Against US Tariffs


July, 09 2018

According to the French government yesterday, the United States should anticipate combined forces... Read More

Eurozone PMI Rose in June, Tighter ECB Policies at Bay


July, 05 2018

The eurozone business growth climbed higher in June that incites the European Central bank to... Read More

IMF Review Support NZ Economic Plan


July, 05 2018

The latest annual review by the International Monetary Fund's (IMF) to the New Zealand economy... Read More

C$ Strengthened as Manufacturing Data Support BOC’s Rate Hike


July, 04 2018

The Canadian currency was able to gain strength against the American dollar yesterday as oil prices... Read More

Australia's Central Bank Induces Global Risks


July, 03 2018

The Reserve Bank of Australia (RBA) sustained the interest rates at a record low for 23 consecutive... Read More

South Korea’s Exports Declined in June


July, 03 2018

Exports from South Korea had fallen in June following a strong rebound in May amid issues on trade... Read More

U.S. Slowed Down Growth as Weakened Consumer Spending


July, 02 2018

The U.S. economy slowed down compared in the first quarter as the consumer spending has performed... Read More

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