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

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Beijing authorities urged to abandon cryptocurrency trading


December, 30 2019

Several municipalities in Beijing, including the Financial Supervision and Administration Service,... Read More

Russian authorities are considering the possibility of exit from the OPEC +


December, 27 2019

The head of the Ministry of Energy of the Russian Federation, Alexander Novak, said that the... Read More

Oil is on the way to new highs


December, 26 2019

Oil prices continue their upward movement. Growth is supported by expectations of a Washington and... Read More

China says it is in close touch with U.S. on trade deal


December, 25 2019

US President Donald Trump and President Xi Jinping of China announced that the first phase of a... Read More

Canadian economy shows easing for the first time in 8 months


December, 24 2019

Canada's economic indicators unexpectedly fell in October amid a sharp decline in manufacturing and... Read More

Gold rises weakly in anticipation of details of the trade deal


December, 23 2019

The price of gold is growing slightly on Monday, market participants are waiting for further news... Read More

US Commerce Department maintains estimate of country's GDP growth in Q3 at 2.1%


December, 20 2019

According to the third and final estimate of the US Commerce Department, real gross domestic... Read More

China exempts a number of American goods from duties


December, 19 2019

After the United States and China announced the conclusion of the first phase of trade deal,... Read More

Kazimir: Weak eurozone growth could last for years


December, 18 2019

European Central Bank Governing Council member Peter Kazimir said, that the eurozone economy may... Read More

The price of palladium topped $2 thousand per ounce


December, 17 2019

The cost of palladium today set a new historical record, exceeding $2 thousand per troy ounce.The... Read More

UK business activity drops to a low since July 2016


December, 16 2019

According to the IHS Markit, business activity in the UK economy declined for the second month in a... Read More

Trump may become the third US president impeached


December, 16 2019

This week U.S. President Republican Donald Trump is likely to become the third U.S. president faced... Read More

China and US negotiate ahead of new round of tariffs


December, 12 2019

The Chinese Ministry of Commerce said today that Beijing and Washington are in close contact on a... Read More

US inflation firms in November


December, 11 2019

According to the Labor Department, U.S. consumer prices increased solidly in November by 2.1%... Read More

Oil prices are in the red amid worries about a trade war


December, 10 2019

Oil prices continue to decline on Tuesday, as concerns over slowing demand outweighed optimism... Read More

German exports rose in October by 1.2%


December, 09 2019

According to the Federal Statistical Office data, exports from Germany rose in October by 1.2%... Read More

U.S. unemployment falls to 3.5%, wages gain steadily


December, 06 2019

According to the US Department of Labor, US unemployment in November fell to 3.5%, the lowest level... Read More

The number of filing applications for unemployment benefits in the US fell by 10 thousand


December, 05 2019

According to the report of the US Department of Labor, the number of Americans filing applications... Read More

U.S. private sector job growth slows down sharply in November


December, 04 2019

According to the press release from the analytical company Automatic Data Processing (ADP), U.S.... Read More

Trump: The deal with China will have to wait until the 2020 elections


December, 03 2019

U.S. President Donald Trump noted that he could postpone the signing of a trade agreement with... Read More

China imposed sanctions against a number of US organizations


December, 02 2019

According to a statement by representatives of the Ministry of Foreign Affairs of the People's... Read More

Eurozone inflation rises quicker than expected in November


November, 29 2019

According to preliminary estimates of European statistical agency Eurostat, annual inflation in 19... Read More

Bitcoin grows after drawdown the previous days


November, 28 2019

After a drawdown amid the news about the hacking of the Upbit exchange, the price of bitcoin showed... Read More

US GDP growth revised up to 2.1%


November, 27 2019

According to the press release from the US Department of Commerce, the US economy grew at a 2.1%... Read More

Oil gains on optimism in US-China trade talks


November, 26 2019

According to trading data, world oil prices began to rise today amid optimism around the prospects... Read More

Former New York City Mayor Mike Bloomberg officially announces he's running for president


November, 25 2019

The billionaire former mayor of New York City Michael Bloomberg officially announced on Sunday that... Read More

European markets lost growth after weak PMI


November, 22 2019

On Friday, European stock markets slowed earlier growth. It was caused by the publication of the... Read More

Russia expects Nord Stream 2 to begin operations in mid-2020


November, 21 2019

Deputy Prime Minister Dmitry Kozak said that Russia’s Nord Stream-2 gas pipeline is expected to b... Read More

Trump says China tariffs will go «even higher» without deal


November, 20 2019

On Wednesday, American futures fell after US President Donald Trump again threatened to increase... Read More

Global stocks hit two-year highs


November, 19 2019

Today world stocks reached two-year highs, as investors still believe that the US and China will be... Read More

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Risk Warning:
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.
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.