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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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Increase in US Tax Reduction may Slow down: NABE


June, 05 2018

Private economists polled on Monday stated that the increase of tax cuts for the American economy... Read More

Sluggish Growth of Japan Services Sector in May, New Orders Declined


June, 05 2018

Japan’s services sector activity rose at a sluggish pace in May than the previous month given the e... Read More

US Trade Deal Needs to Favor Britain, Trade Minister Liam says


June, 04 2018

Britain would only sign a trade deal with the United States if the agreement would be valuable for... Read More

Latvia GDP Growth may Weaken if Talks on EU Multiannual Budget Last until 2021


June, 04 2018

Zanda Kalnina-Lukasevica, Foreign Ministry’s parliamentary secretary of Latvia states that the c... Read More

China’s Manufacturing Sector Grew at a Steady Rate in May


June, 01 2018

China’s manufacturing sector grew at a steady pace in May given the improvement in production and d... Read More

Giovanni Tria Proposed to be Italy’s Next Economy Minister


June, 01 2018

The two Italian anti-government political organizations, 5-Star Movement and League Party said on... Read More

Japan WorsenOutlook as Industrial Output Dropped in April


May, 31 2018

Japan's industrial output did not meet expectations for the month of April according to data on... Read More

US Economic Growth Slightly Slowed Down


May, 31 2018

The US economy demonstrated growth during the first quarter of 2018, but the results showed... Read More

India GDP Growth in Q4 at 7.1 pc, says Ficci


May, 30 2018

Ficci issued a report today showing that GDP growth of India is projected at 7.1 percent for the... Read More

U.S. Consumer Confidence and Housing Inflation Rose in May


May, 30 2018

The consumer confidence bounced higher in May but households are skeptical regarding the outlook of... Read More

Steady growth of Japan’s Jobless Rate in April


May, 29 2018

The jobless rate of Japan has remained the same in April, as well as the job openings according to... Read More

Drones to Boost UK Economy in 2030, says PwC


May, 29 2018

According to PwC, drones are predicted to increase British economy by £42 million in 2030 since the ... Read More

Japan’s Automakers Made Huge Contributions to US, says Abe


May, 28 2018

On Monday, Japan’s Prime Minister Shinzo Abe stated that he would try to persuade U.S President D... Read More

PBOC Increased the 28-repo rates by 2.85 percent


May, 28 2018

The People’s Bank of China adjusted their rates higher on the 28-day reverse bond repurchase a... Read More

Drop of Japanese external assets for three consecutive years in 2017


May, 25 2018

Net external assets of Japan declined for three consecutive years in 2017 following the increase of... Read More

British Households Grew Weaker This Month


May, 25 2018

Based on the survey released on Friday, UK households became less confident this month relative to... Read More

China Schemes to Cut Imports' Tariff on July 1


May, 24 2018

China already has plans to reduce tariffs on imports of some consumer products from food and... Read More

Manufacturing Sector Lead Singapore’s Economic Growth


May, 24 2018

The data from the Ministry of Trade and Industry showed that manufacturing remained to be the major... Read More

Singapore’s Inflation Dropped in April, Consumer CPI Rose 0.1 Percent


May, 23 2018

Singapore’s Inflation in the previous month was lower than expected because of the slow rate of p... Read More

EU Bloc Negotiates with Australia and New Zealand


May, 23 2018

The European bloc confirmed yesterday the start of free trade negotiations with Australia and New... Read More

BOJ Plans to Exit QE in Better Conditions Near 2% Target


May, 22 2018

Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the e... Read More

German’s Strong Economic Upswing Despite Weak Growth in Q1, says Finance Ministry


May, 22 2018

Germany’s economy had a strong growth amid weak data from the largest economy in Europe earlier in 2... Read More

NZ Retail Sales Recorded Slowest Growth in Q1


May, 21 2018

The retail sales volume in New Zealand had expanded during Jan-Mar period but also recorded its... Read More

US Industrial Production Rose to 0.7% in April


May, 18 2018

The factory output in the U.S. increased in April despite the low output on manufacturing and... Read More

Japan’s Inflation Down to 0.7% in April


May, 18 2018

Consumer prices in Japan had increased by 0.7 percent in the previous month, according to the data... Read More

U.S. Building Permits Dropped in April


May, 17 2018

The U.S. building permits dropped in April, indicating the housing market is trying to keep afloat... Read More

South Korean Economy is Optimistic, says S&P


May, 17 2018

According to the Standard & Poor's chief economic policymaker assessment on Thursday, the South... Read More

Sluggish Sluggish Q1 Growth Breaks The Longest Growth Since 1991


May, 16 2018

The largest economy cooled down sharply in the first quarter despite the onset of flu and strikes,... Read More

French Economic Growth at 0.3% in Q2, says BOF


May, 15 2018

The French economy is projected to expand by 0.3 percent during the period of April-June, this... Read More

China’s Industrial Output Exceeded Forecast in April


May, 15 2018

The industrial output of China rose to 7.0 percent in April compared last year which has been... Read More

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