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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Brent fell to $78.40 per barrel


July, 30 2024

On Tuesday morning, oil prices continued to decline moderately after a sharp drop the day before.... Read More

The main events by the morning: July 30


July, 30 2024

Protests broke out in Venezuela over the re-election of Nicolas Maduro. In Caracas, thousands of... Read More

Bitcoin exceeded $70 thousand after Trump's performing


July, 29 2024

US presidential candidate and former President Donald Trump said that if elected, he would make the... Read More

Investors are losing interest in Chinese markets


July, 29 2024

In June, global mutual funds reduced their share in Chinese markets. This capital outflow is due to... Read More

The price of gold has approached $2,450


July, 29 2024

Gold prices rose in Asian trading on Monday, playing back some of the decline seen during most of... Read More

Trump's tariffs – will inflation be a new «great depression»?


July, 29 2024

The tariff policy proposed by President Trump, involving a 60% tax on imports from China and a 10%... Read More

The main events by the morning: July 29


July, 29 2024

Erdogan threatened Israel with a possible invasion. According to Al Ain Trke, the Turkish president... Read More

NVIDIA: the new queen of the market


July, 19 2024

Nvidia has overtaken Apple and Microsoft in terms of market capitalization, becoming the most... Read More

Europe is fighting the «shadow fleet» of Russia


July, 19 2024

British Prime Minister Keir Starmer announced the beginning of the fight against the «shadow fleet» ... Read More

Investors have invested a record $47.7 billion in shares


July, 19 2024

Investors invested a record $47.7 billion in stocks in the week ending July 17. This is the fifth... Read More

Microsoft's massive glitch: from stock markets to airports


July, 19 2024

On Friday, the world faced a massive glitch in Microsoft's systems. Stock indexes of the largest... Read More

The main events by the morning: July 19


July, 19 2024

Russia has occupied a quarter of the global wheat market. According to the results of the... Read More

The ECB kept the key interest rates at the same level


July, 18 2024

The European Central Bank left key interest rates unchanged, which coincided with the expectations... Read More

SEC approves Ethereum-ETF: Grayscale and ProShares are ready to launch


July, 18 2024

U.S. Securities and Exchange Commission (SEC) has allowed trading of Ethereum-based ETFs from... Read More

Oil prices continue to rise amid a reduction in reserves in the United States


July, 18 2024

Oil prices continue to rise, supported by data on the reduction of fuel reserves in the United... Read More

Germany is reconsidering priorities: security above humanitarian aid


July, 18 2024

German Finance Minister Christian Lindner said that the country is forced to reconsider its... Read More

The main events by the morning: July 18


July, 18 2024

LUKOIL's oil supplies to Hungary have been suspended due to tougher sanctions from Ukraine.... Read More

IMF: strong dollar threatens global inflation


July, 17 2024

The International Monetary Fund (IMF) has expressed serious concerns about the impact of a strong... Read More

The US threatens sanctions on companies supplying chips to China


July, 17 2024

Washington has warned allies of the possible application of the toughest trade restrictions if... Read More

G7 calls for strengthening the multilateral trading system


July, 17 2024

At the trade meeting in Calabria, the ministers of the Group of Seven (G7) countries advocated the... Read More

Trump: Taiwan must pay the United States for defence


July, 17 2024

Republican presidential candidate Donald Trump said that Taiwan should pay the United States for... Read More

The main events by the morning: July 17


July, 17 2024

The return of Donald Trump to the White House may lead to the easing of sanctions against Russia.... Read More

Gold is breaking records: is the Fed preparing to cut rates?


July, 16 2024

Gold prices soared on Tuesday in Asian trading, approaching the highest levels. The growth was... Read More

David Vance is Trump's vice presidential candidate. What will follow his possible appointment to the post?


July, 16 2024

David Vance, Senator from Ohio, has extensive academic and professional experience. After... Read More

The growth of public debt in the world's largest economies worries financial markets


July, 16 2024

The victory of the left-wing coalition in the French elections forced investors to pay attention to... Read More

The main events by the morning: July 16


July, 16 2024

Demand for oil will peak until 2030, then decline under any scenarios. The main factor in the... Read More

Chinese GDP grew by 5% in the first half of 2024


July, 15 2024

The Chinese economy is showing steady growth. The country's GDP increased by 5% in the first half... Read More

The EU is ready to respond to China with «new weapons» in the trade war


July, 15 2024

The growing trade war between the European Union and China may take a new turn. The EU is... Read More

Bitcoin rises on the news of the assassination attempt on Trump


July, 15 2024

The bitcoin exchange rate is rising on Monday – market participants continue to evaluate the news a... Read More

The main events by the morning: July 15


July, 15 2024

Trump's chances of winning the election increased after the assassination attempt. During a speech... 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.