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

The United States avoided a shutdown: the Senate approved a law on government financing


December, 23 2024

The US Congress has approved a bill aimed at continuing to finance the government, which made it possible to avoid suspending its work just before the start of the active tourist season.The Senate, which is under the control of the Democratic majority, approved the document with the support of 85 senators, while 11 voted against. Thanks to this, the authorities were able to avoid the temporary cessation of the functioning of state structures.The next step will be to send the bill to President Jo... Read More

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Oil Ends Up Near $52 BPD as Investors Monitor Return of Libyan Crude


December, 20 2016

Oil prices ended up at nearly $52 barrels per day after investors shifted their focus to the... Read More

Malaysian Ringgit Dropped to Its Lows Since 1998


December, 19 2016

The Malaysian Ringgit has reached its lowest in the midst of strong dollar and weakened economy... Read More

US Homebuilding Dropped at 18.7 % in November


December, 19 2016

The U.S housing market dropped in November, however, its level is still in a stable condition which... Read More

Depreciation of Japanese Yen is Favorable for Japan


December, 15 2016

The depreciation of yen is beneficial for companies as it attracts more investments giving higher... Read More

Unemployment Rate in Britain Remains Low


December, 15 2016

The unemployment rate in UK had marginally declined to 1.62 million from August until October, as... Read More

USD Surges to Highest Levels in Two Weeks as Federal Reserve Hikes Interest Rates


December, 15 2016

The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Read More

USD Stabilizes as Fed’s Two-Day Meeting Commences


December, 15 2016

The USD had a somewhat muted trading session since traders are now closely monitoring Federal... Read More

Inflation Concerns in UK Rises


December, 14 2016

The tension in British households has lessen since May 2015, as most focus on increase in inflation... Read More

German Economic Sentiment Remains Steady According to ZEW


December, 14 2016

The economic sentiment for Germany remained constant for this month as it was supported by a... Read More

Oil Prices Surge to Highest Levels in Almost Two Years Following Production Cuts Pledges from Non-OPEC Countries


December, 14 2016

Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Read More

Confirmed: Former Finance Minister, Bill English is the New Prime Minister of New Zealand


December, 14 2016

Simon William English or also known as Bill English is the  new New Zealand Prime Minister as... Read More

Lowered Inflation Rate of Brazil in the End of the Year


December, 12 2016

The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... Read More

Demonetisation of 100-Bolivar Notes


December, 12 2016

The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Read More

EU Stocks Surge, Extend its Longest Rallying Streak in Two Years


December, 12 2016

European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Read More

Shifts in ECB QE Lead to Market Confusion


December, 09 2016

The market was left in a state of general confusion after the European Central Bank publicized its... Read More

GBP Hits Highest Level in Two Months as Market Hopes UK Government Loses Brexit Case


December, 08 2016

The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... 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.