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

Russia has started using Bitcoin in foreign trade


December, 25 2024

Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in legislation aimed at circumventing Western sanctions.Economic restrictions have made it difficult to trade with key partners such as China and Turkey, as local banks avoid transactions with Russia for fear of sanctions. In response, Russia allowed the use of cryptocurrencies in international trade and took ste... Read More

All News

Oil Rise Still Below Target Amid Oil Glut


June, 16 2017

Prices of oil surged on Friday maintaining its close to six-month lows because of excess supply... Read More

Calgary Council to create a $10-million Economic Development Fund


June, 16 2017

The council of Calgary asked to produce an economic development investment fund (EDIF) that... Read More

BoJ’s Kuroda Faces Pressure to Discuss Exit Plans


June, 16 2017

As the Bank of Japan will be concluding its two-day meeting on Friday, BoJ Governor Haruhiko... Read More

Job Creation in Australia Reached 42,000, Unemployment Rate Slowdown by 5.5% in May


June, 15 2017

Australia created additional jobs with a total of 42,000 which exceeded the expectations of 10,000... Read More

New Zealand's Below Expectation Economic Growth


June, 15 2017

The New Zealand economy climbed by 0.5 percent in the first quarter of the year but still lower... Read More

Fed Implements Rate Hike, Maintains Outlook for Next Hike


June, 15 2017

The US Federal Reserve has pushed through with its planned interest rate hike for this month while... Read More

Germany’s Economic Confidence Declined Unexpectedly


June, 14 2017

Financiers from Germany shows confidence towards the recovery of the Euro region, however, the UK... Read More

Credit Losses Bound to Get Higher in the Industry


June, 14 2017

Credit card losses will most likely increase in volume in the United States and all over the... Read More

May Appoints Political Opponent as Junior Minister


June, 14 2017

UK Prime Minister Theresa May has recently appointed a leading anti-EU Tory campaigner as a junior... Read More

Italy and Qatar to Continue Economic Ties


June, 13 2017

Countries, Italy and Qatar decided to maintain their deal regarding close integration on economy... Read More

Finland’s Export Data Shows Signs of Recovery


June, 13 2017

The Bank of Finland forecast data shows the growth of Finland’s economy as exports recuperated g... Read More

Limited Drop of Sterling in the Global Market Amid U.K. Parliamentary Election


June, 09 2017

On Friday, the British pound slumped following vague results without a particular party that... Read More

ECB not yet to Withdraw Stimulus Program


June, 09 2017

The European Central Bank decided to loosen its monetary policy on Thursday but indicated that it... Read More

Surge in Chinese Trades Amid Weakened Economic Growth


June, 08 2017

Reports indicating China is gaining momentum in the economy as both exports and imports rallied in... Read More

Trump to Launch Draft of Worker-Training Initiatives


June, 08 2017

President Donald Trump will be launching the draft of his administration’s training agenda for the ... Read More

‘Hard’ Brexit Weigh Against UK Economic Performance


June, 08 2017

The British economy is projected to slow down this 2017 and the following year as it was inundated... Read More

Goldman Sachs Higher Rates to Gain More Clients


June, 07 2017

The Goldman Sachs Bank U.S.A. intends to increase its rates on client deposit by 1.2 percent from... Read More

Growth in Australian Economic Figures Breaks World Record


June, 07 2017

As shown in the official figures, the Australian economy expanded by 0.3 percent in Q1 and gained... Read More

Top Security Officials to Testify on Comey-Russia Probe


June, 07 2017

Several high-ranking officials of the US National Security Council will be testifying before a... Read More

Service Sector of United States Slowdown in May


June, 06 2017

Services sector activity of the United States softened last month due to downswing in factory... Read More

Slow Growth of Scottish Economy, EY reports


June, 06 2017

Based on the forecast of the EY Scottish item club that the GDP growth will be weak falling below... Read More

World Bank Predicts Seven-Year High for 2018 Global Economic Growth


June, 06 2017

In a statement made last Sunday, the World Bank predicted that a possible correction in trade... Read More

Indian Economy Boost by 7.2 percent, World Bank Says


June, 05 2017

Apparently, India was able to recover from the negative effects brought by the demonetization as... Read More

South Korea Began Stimulus Fiscal package of $10 billion for Job Sector


June, 05 2017

South Korea will release a stimulus package worth 11.2 trillion won equivalent to $10 billion U.S.... Read More

US Jobless Rate Drops to 4.3% as Hiring Declines


June, 05 2017

US unemployment rates fell to its lowest levels reached within a 16-year period last May/ Market... Read More

Japan Economy Grew by 0.6 Percent Due to Capital Spending


June, 02 2017

The Japanese economy is seen to grow at a faster rate than expected in the first quarter which was... Read More

Positive Economic Growth of Finland in Q1


June, 02 2017

As shown in the advance data of the Statistics Finland, the Finnish economy was able to increase by... Read More

Next Inflation is in Check According to Fed


June, 01 2017

The U.S. economy grows at a steady but slow rate in the second quarter of the year based on the... Read More

India’s Economic Growth Lose Steam due to Notes Ban in November


June, 01 2017

The economy of the seventh-largest country in the world experienced a steep decline in the first... Read More

Climate Agreement Cancellation Next on Trump’s to-do List


June, 01 2017

US President Donald Trump is currently leaning towards the complete cancellation of the role 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.