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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The main events by the morning: June 7


June, 07 2024

Biden acknowledged that Ukraine's ability to attack Russia using Western weapons could exacerbate... Read More

The ECB may cut the rate before the Fed and the Bank of England


June, 06 2024

The European Central Bank is preparing to lower interest rates amid the normalization of inflation.... Read More

OPEC forecasts steady growth in oil demand in 2024


June, 06 2024

OPEC Secretary General Haissam al-Gais said at the session «The future of the oil and gas market: ... Read More

Nvidia passes Apple in market cap as second-most valuable public U.S. company


June, 06 2024

Since the beginning of the year, shares of the American manufacturer of graphics processors Nvidia... Read More

The main events by the morning: June 6


June, 06 2024

Nvidia has overtaken Apple in terms of capitalization and has become the second most valuable... Read More

The Indian market is facing the strongest decline since the pandemic


June, 05 2024

Tuesday brought a sharp decline to the Indian stock market, reducing the total value of shares by... Read More

Texas will create a competitor to the NYSE and NASDAQ New York stock exchanges


June, 05 2024

The Texas Stock Exchange (TXSE) has received $120 million in investments from individuals and major... Read More

Oil prices are under pressure again amid the unexpected increase in stocks in the United States


June, 05 2024

Today, oil prices in the energy markets continued their decline, following the dynamics of the last... Read More

The main events by the morning: June 5


June, 05 2024

SPIEF, one of the largest economic forums in the world, starts today. The main theme of this year... Read More

«Bears» have captured the oil market


June, 04 2024

Oil prices continued to decline on Tuesday morning – Brent quotes fell to $ 76.77 per barrel, WTI p... Read More

The main events by the morning: June 4


June, 04 2024

The Ministry of Finance in the Russian Federation intends to officially recognize mining. The... Read More

The peso fell to its lowest level since November following the results of the presidential elections in Mexico


June, 03 2024

The Mexican peso reached its lowest level since November 2023 after the presidential election – 1... Read More

Brent price dropped to a minimum in four months after the OPEC+ decision


June, 03 2024

Benchmark oil prices dropped sharply on Monday evening. Brent crude oil fell to $78.44 per barrel,... Read More

The main thing in the morning: June 3


June, 03 2024

OPEC+ will extend the current quotas for the whole of 2025. Currently, an agreement is in place to... Read More

Inflation in the eurozone accelerated to 2.6% in May


May, 31 2024

According to preliminary data from Eurostat, in May 2024, consumer prices in the eurozone increased... Read More

The main events by the morning: May 31


May, 31 2024

China has refused to participate in the peace conference on Ukraine, which will be held in... Read More

Wall Street in decline amid weak economic growth data


May, 30 2024

The US stock market fell on Thursday after disappointing data on quarterly US GDP growth increased... Read More

The EU may approve an increase in duties on grain imports from Russia and Belarus


May, 30 2024

The EU Council plans to decide on May 30 to increase customs duties on imports of Russian and... Read More

Unemployment in the eurozone in April updated the historical minimum


May, 30 2024

Unemployment in the eurozone fell to 6.4% in April 2024, compared with 6.5% in the previous month,... Read More

The main events by the morning: May 30


May, 30 2024

Russia and China can withdraw their financial operations from the influence of the West. The... Read More

Modi's election victory will support the growth of the rupee


May, 29 2024

The Indian rupee has gained the status of one of the most stable currencies in Asia this year,... Read More

Consumer prices in Germany in May rose stronger than forecast


May, 29 2024

According to preliminary data from the German Federal Statistical Office (Destatis), consumer... Read More

The main events by the morning: May 29


May, 29 2024

The Indian company Reliance has signed a contract with Rosneft for oil supplies for a period of 1... Read More

The yield of US government bonds is moderately declining in anticipation of inflation data


May, 28 2024

On Tuesday, US government bond yields declined moderately in anticipation of new data on US... Read More

Oil prices are on the rise ahead of the OPEC+ meeting


May, 28 2024

Oil prices started to rise on Tuesday after falling last week. The current Brent quote is $83.00... Read More

The main events by the morning: May 28


May, 28 2024

Cryptocurrencies in Russia: business has proposed changes to the mining bill. Companies engaged in... Read More

«Bullish» sentiment towards the dollar is weakening


May, 27 2024

Amid the slowdown in economic growth in the United States, investor sentiment towards the dollar... Read More

India and Indonesia attract investors more than China


May, 27 2024

Analysts note the gradually growing contrast between India and Indonesia on the one hand and China... Read More

The ECB chief economist has announced his readiness to cut rates


May, 27 2024

Philip Lane, chief economist at the European Central Bank (ECB), said the regulator was ready to... Read More

The main events by the morning: May 27


May, 27 2024

Georgia is going to return Abkhazia and South Ossetia to its composition and become a member of the... 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.