Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

The dollar is strengthening, the euro is falling: all attention is on the US labor market


October, 04 2024

The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support at 1.10. The dollar's recovery is driven by strong data on the US economy and labor market, as well as expectations of a slowdown in the Fed's rate cuts.On Thursday, the dollar index reached a six-week high, supported by indicators of the service sector and a positive picture on the labor market. The probability of a Fed rate cut by 50 bps in November fell to 32%, which led to a 1.5% strengthening... Read More

All News

The number of jobs in the US in June jumped to a record 4.8 million


July, 02 2020

According to the US Department of Labor, in June the number of jobs in the economy increased by 4.8... Read More

The index of business activity in the US industry in June rose to 52.6%


July, 01 2020

According to the Institute for Supply Management (ISM), the US index of business activity in the US... Read More

US consumer confidence in June turns better than forecast


June, 30 2020

According to analysts at Conference Board, the US Consumer Confidence Index in June rose to 98.1... Read More

More than 40% of S&P 500 companies abandoned forecasts due to coronavirus


June, 29 2020

More than 40% of the S&P 500 companies withdrew quarterly or annual forecasts due to the... Read More

US consumer income down 4.2% in May, better than forecast


June, 26 2020

According to the Bureau of Economic Analysis of the US Department of Commerce, consumer income in... Read More

The final estimate of US GDP in the I quarter: a fall of 5%


June, 25 2020

According to the final estimate of the US Department of Commerce, the country's GDP in the first... Read More

Economists significantly worsen German GDP drop forecast this year


June, 23 2020

The Council of Economic Experts under the German government has adjusted the forecast for German... Read More

Home sales in the US secondary market in May decreased by 9.7%, worse than forecast


June, 22 2020

Today in the United States published a report of the National Association of Realtors (NAR),... Read More

Swiss Central Bank expects deflation in 2020


June, 18 2020

A meeting of the Central Bank of Switzerland took place today, at which the regulator announced... Read More

Bank of England maintains interest rates and expands QE program


June, 18 2020

Today, a meeting of the Board of the Bank of England took place, at which the regulator kept the... Read More

US retail sales jump 17.7% in May


June, 16 2020

According to the US Department of Commerce, retail sales jumped 17.7% in May compared with April.... Read More

UK Central Bank may extend £150 billion QE program on Thursday


June, 15 2020

On Thursday, a meeting of the Bank of England board will take place, during which the regulator can... Read More

The number of applications for unemployment benefits in the US fell more than forecast


June, 11 2020

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

US annual inflation slows to 0.1% in May


June, 10 2020

According to the US Department of Labor, consumer prices in May rose 0.1% on an annualized basis,... Read More

German exports collapsed by a record 31.1% in April


June, 09 2020

According to the Federal Statistical Office of German (Destatis), exports in the country, which is... Read More

Italy's economy will decline in 2020 by 8.3%


June, 08 2020

According to the forecast of the Italian statistical office ISTAT, the country's GDP will fall by... Read More

OPEC+ meeting scheduled for June 6


June, 05 2020

Today it became known that the ministerial meetings of OPEC and OPEC + will be held on the same... Read More

The ECB has added another 600 billion euros to combat the crisis


June, 04 2020

Today, a meeting of the European Central Bank (ECB) and a speech by regulator Christine Lagarde... Read More

Egypt launched an oil well at 123 thousand barrels per month


June, 03 2020

Egypt has commissioned a new well in the Western Desert, capable of producing more than 0.5 million... Read More

NBK requires additional monetary policy measures


June, 02 2020

The Central Bank of China said that the economic damage from the coronavirus pandemic was stronger... Read More

Eurozone PMI index in May turned out to be worse than forecast


June, 01 2020

According to the final assessment of the research organization Markit Economics, the index of... Read More

Italian economy experienced the strongest GDP decline in history in Q1


May, 29 2020

According to the final data of the statistical agency Istat, the Italian economy in the first... Read More

US oil inventories unexpectedly rose 1.5% over the week


May, 28 2020

According to the US Energy Information Administration (IEA), commercial oil reserves in the country... Read More

EC wants to give an additional 11 billion euros to EU countries


May, 27 2020

The European Commission proposes to adjust the multi-year financial plan of the European Union... Read More

Fed ready for policy change


May, 26 2020

The Federal Reserve is ready to move on targeting the yield of treasury bonds – this was the c... Read More

US unemployment may exceed 20% in May


May, 25 2020

White House economic adviser Kevin Hassett said the US unemployment rate could be over 20% in May... Read More

China abandons GDP target in 2020


May, 22 2020

China stated that it does not intend to set an annual target indicator of economic growth this... Read More

Fed noted extreme uncertainty and significant economic risks due to pandemic


May, 21 2020

The publication of the minutes of the April FOMC meeting reflected the call of Fed leaders to... Read More

Eurozone inflation slows to a minimum in April from 2016


May, 20 2020

According to the final data of the Statistical Office of the European Union (Eurostat), consumer... Read More

UK announces new tariff regime after Brexit


May, 19 2020

The UK has announced a new tariff regime after Brexit, which will replace the external tariff of... Read More

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.