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

BRICS on the way to leadership in world trade


November, 02 2024

Experts predict that BRICS may overtake the European Union in the near future. Since its foundation, the alliance has tripled its share in global trade, reaching 21.6% by the end of 2023. The trade volume of the participating countries amounted to a whopping $10.4 trillion.The GDP growth of the BRICS countries (3.1% in the second quarter of 2024), due to the steady growth of the economies of India (6%), China (4%) and Russia (4%), contrasts with the lagging development of the EU — only about 0.6... Read More

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Bitcoin and Ethereum have been recognized as commodities in the United States


July, 12 2024

Bitcoin and Ethereum are officially recognized as digital commodities in accordance with a court... Read More

The main events by the morning: July 12


July, 12 2024

Erdogan announced the resumption of work on the grain deal. During a meeting within the framework... Read More

Inflation in the U.S. slowed to 3% in June, the lowest in a year


July, 11 2024

According to the US Department of Labour, consumer prices in June increased by a minimum of 3% for... Read More

Apple will allow competitors to use NFC


July, 11 2024

European antitrust regulators said Thursday that Apple will allow competitors to use its tap-and-go... Read More

AMD shares are rising after the purchase of the artificial intelligence laboratory


July, 11 2024

AMD shares increased by more than 3% after the company announced an agreement to purchase Silo AI,... Read More

The main thing in the morning: July 11


July, 11 2024

The Moscow Stock Exchange index fell by 3% yesterday, reaching 2,949 points. This was the lowest... Read More

TSMC has crossed the $1 trillion capitalization threshold for the first time in history


July, 10 2024

Shares of the semiconductor manufacturer are showing strong growth, fueled by investor optimism and... Read More

Inflation in China unexpectedly slowed to the lowest since March


July, 10 2024

In June, China saw the lowest increase in consumer prices since March – only 0.2% year-on-year, as i... Read More

Is Ethereum ready to take off?


July, 10 2024

While Bitcoin, the world's first largest cryptocurrency, soared to record heights thanks to new... Read More

The main events by the morning: July 10


July, 10 2024

The Moscow Exchange is preparing to launch an insider trading index. This new index will help... Read More

Oil prices continue to decline


July, 09 2024

On Tuesday, oil continues to decline in price. Traders are assessing the effects of Hurricane... Read More

Indian stock market soars on the wave of global investments


July, 09 2024

Since the beginning of June, foreign investors have increased net purchases of shares worth more... Read More

China opens the door for Tesla: electric cars entered public procurement for the first time


July, 09 2024

State-owned enterprises in the Shanghai Free Trade Zone (FTZ) have purchased a batch of Tesla Model... Read More

The main events by the morning: July 9


July, 09 2024

Another Democratic congressman called on Biden to withdraw from the election. Adam Smith, a... Read More

Turkey expects a sharp decrease in annual inflation


July, 08 2024

Turkish Vice President Cevdet Yilmaz said that annual inflation in the country will decrease much... Read More

BRICS countries may combine payment systems


July, 08 2024

Iran has proposed to extend the mechanism of unification of national payment systems to all BRICS... Read More

The main events by the morning: July 8


July, 08 2024

Russia has entered the top 6 countries in terms of purchasing power. According to the American... Read More

The ECB expressed doubts about the interest rate cut


July, 05 2024

The minutes of the ECB's June meeting revealed differences in views on rate cuts. Earlier, the head... Read More

The EU imposed new duties on Chinese electric vehicles


July, 05 2024

The European Union has raised tariffs on electric vehicles from China to protect its automotive... Read More

Bitcoin has collapsed to $54 thousand


July, 05 2024

Bitcoin collapsed to $54,000 last night, which could be its biggest drop since the FTX crash.One of... Read More

The main events by the morning: July 5


July, 05 2024

European business advocates the lifting of sanctions against Russia and the maintenance of trade... Read More

The number of participants in the Russian equivalent of SWIFT continues to grow


July, 04 2024

Despite the EU sanctions, the majority of participants in the Bank of Russia's Financial Messaging... Read More

UBS experts predict the expansion of growth in the stock market


July, 04 2024

Despite the strong performance of the labour market, the bank's analysts expect that the rise of... Read More

The main events by the morning: July 4


July, 04 2024

Tucker Carlson arranged an interview with Zelensky. An American conservative journalist reported... Read More

BTC dropped to $59,000 amid concerns over Mt Gox


July, 03 2024

The price of bitcoin declined on Wednesday, continuing to follow the downward trend of the... Read More

The S&P 500 has set a new historical record


July, 03 2024

The S&P 500 index reached a new historic high at the close of trading on Tuesday, receiving... Read More

India bought record amount of Russian oil


July, 03 2024

In June, India purchased Russian oil in the amount of 2.13 million barrels per day, which was the... Read More

The inflow of funds to Chinese exchange-traded funds reached a record $83.3 billion in 2023


July, 03 2024

In 2023, Chinese exchange-traded funds (ETFs) attracted record investments of $83.3 billion, which... Read More

Inflation has slowed in Turkey for the first time in eight months


July, 03 2024

According to the Statistical Institute of Turkey (Turkstat), in June, the growth rate of consumer... Read More

The main events by the morning: July 3


July, 03 2024

If Trump wins the election, he intends to abandon the expansion of NATO. The idea concerns, first... 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.