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

Kuwait will spend more than $30 billion to increase oil production


November, 21 2024

Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Read More

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Australian Economy Will Decline In 2018, Says Evans


September, 20 2017

According to some readings, Australia’s economic growth may decline in 2018, while the Reserve Bank ... Read More

France’s Budget Easing Amid Steady Economic Growth


September, 19 2017

The path to recovery of France is strong that the government could reduce spending without... Read More

Japanese Firms Expect Positive Economic Growth for US and China


September, 19 2017

Large number of companies in Japan have optimistic views for the American economy based on Reuters... Read More

Optimistic Economic Outlook for the U.K


September, 18 2017

According to the Bank of England officials, the UK economy is getting quite more bullish. The... Read More

Emerging Markets Shift To Domestic Bonds


September, 18 2017

The bond market became stronger amid all the external shocks and rise in general levels of debt in... Read More

EU’s Plans Centralization of the Market


September, 15 2017

The European Union aims to centralize the market and enforce banks to pay according to the chief of... Read More

Disappointing Chinese Data Weighed on Asian Shares


September, 15 2017

On Thursday, Asian stocks were partly lower from its 10-year highs as Chinese data showed softer... Read More

Collaboration of Indian and Japanese Economy


September, 14 2017

The Prime Minister of Japan, Shinzo Abe will visit India to begin the bullet train project, as well... Read More

CBA Issued $3 Bonds Despite Money-laundering Allegations


September, 14 2017

Bonds worth $3 billion was successfully issued by the Commonwealth Bank of Australia (CBA) in the... Read More

BOJ Keeps Inflation Target Even After His Term, says Abe


September, 13 2017

Japanese Prime Minister Shinzo Abe mentioned that the central bank if centered on the monetary... Read More

German economy gained more than two percent in 2017, says BDI


September, 13 2017

The economy of Germany is expected to increase by more than 2 percent this year, with further... Read More

Drop of Oil Prices Due to the Hurricane Damages


September, 12 2017

Oil prices declined on Tuesday as an aftereffect of the Hurricane Irma as it weakened the demand as... Read More

C$ Rose as Canadian Bond Yields Increased


September, 12 2017

The Canadian currency strengthened yesterday against the American dollar, for it gained support... Read More

China’s Bitcoin Trading is On-Hold, Waiting for Confirmation from Government


September, 11 2017

China holds the biggest bitcoin exchanges as it waits for confirmation from the government... Read More

Australian Dollar Up Against the USD due to Hurricanes


September, 11 2017

The national currency of Australia is predicted to maintain its stance near the two-year highs, as... Read More

BoC’s Last Rate Hike But Risks for The Third Time in 2017


September, 08 2017

It appears that the Bank of Canada would not raise rates for the year as shown in the poll from... Read More

India Should Revive Economic Status, Says Raghuram Rajan


September, 08 2017

India is known to be a reforming economy but Raghuram Rajan, Former RBI governor, said that the... Read More

French President Supports EU Ties with Turkey


September, 07 2017

The president of France, Emmanuel Macron, commented on Thursday that the Turkey is essentially part... Read More

German Economy Slacken Due to Increasing Radicalism


September, 07 2017

After more than two decades of reunification, the former Communist east moved slowly behind the... Read More

Britain is Certain for a Post-Brexit Immigration Policy


September, 06 2017

The Britain intends to push through a balanced policy on immigration when the Brexit was finalized... Read More

Greenbacks Weakened as Japanese Yen Strengthened


September, 06 2017

On Tuesday, the American dollar declined against its major counterparts as tensions arise brought... Read More

Private Sector Positive Growth Pushes Inflation Higher


September, 05 2017

The month of August has been overall positive for the service sector in Germany. Higher prices... Read More

Economic Upturn of Euro Benefited the British Manufacturers


September, 05 2017

Reports in the British factories shows huge volume of book orders which are triggered by the... Read More

Positive Corporate Australian Rates; Rise in Wages for Q2


September, 04 2017

This has been the largest rise in salaries and wages in two years for the past quarter with an... Read More

Australia Upgrades Spending Plans to Economic Recovery


August, 31 2017

The business investment in Australia soared in the second quarter while companies updated their... Read More

Fastest Growth of US economy During the Second Quarter


August, 31 2017

During the January-March quarter where US President D. Trump was already in the position, America’s ... Read More

Lebanon Reforms Its Economy as It Faces Large Debt


August, 30 2017

Lebanon starts to fix its frail economy following years of stagnant phase in decision-making. Yet,... Read More

Brazilian Economy Increased nearly in Q2


August, 30 2017

The economic growth of Brazil slightly slowed down in the second quarter, as polled by Reuters’ e... Read More

Mexican Second Stock Exchange Starts Operation In 2018


August, 29 2017

The second stock exchange, Institutional Stock Exchange that is more commonly known by its Spanish... Read More

Germany to Move Away UK Investments due to Brexit


August, 29 2017

According to the head of the DIHK Chambers of Industry and Commerce, a lot of German firms started... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.