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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Oil is moderately declining after morning growth


January, 29 2024

On Monday morning, benchmark oil prices rose significantly amid news of the death of the US... Read More

The Hong Kong Court approved the liquidation of the developer Evergrande


January, 29 2024

The Hong Kong court has decided to liquidate the Chinese developer China Evergrande Group. This... Read More

Oil prices end the week with the highest increase since October


January, 26 2024

Oil prices are showing a steady rise at the end of the trading week – the highest growth rate since ... Read More

US GDP grew by 3.3% in the fourth quarter


January, 25 2024

In the fourth quarter of 2023, according to preliminary data from the US Department of Commerce,... Read More

The ECB has left all three key interest rates unchanged


January, 25 2024

The European Central Bank has decided to leave all three key interest rates unchanged. The base... Read More

Coinbase shares fell after JPMorgan downgraded its rating


January, 24 2024

Despite the launch of bitcoin spot exchange-traded funds, the price of the token began to decline,... Read More

Trump's first victory caused the growth of the associated company by 239%


January, 24 2024

Shares of Digital World Acquisition, a company associated with former US President Donald Trump,... Read More

Products from Asia may significantly rise in price in Europe


January, 24 2024

The Italian newspaper il Messaggero reports that various types of products supplied to Europe from... Read More

India has become the fourth largest securities market in the world


January, 23 2024

The capitalization of the Indian stock market exceeded the capitalization of Hong Kong for the... Read More

The Bank of Japan has maintained the monetary policy parameters and lowered the inflation forecast in 2024


January, 23 2024

The Bank of Japan decided to maintain the main parameters of monetary policy after a two-day... Read More

The price of Brent oil dropped to $79.4 after a jump the day before


January, 23 2024

On Tuesday morning, oil prices are only slightly declining after a sharp rise that led to the... Read More

Analysts: The European Union will stagnate in 2024


January, 22 2024

Analysts say that European sanctions against Russia are causing more damage to the economies of EU... Read More

Chinese shares in Hong Kong fell to the lowest level since 2005


January, 22 2024

Shares of Chinese companies traded in Hong Kong have fallen to their lowest level in almost 19... Read More

Large reserves of the «metal of the future» have been discovered in Asia


January, 19 2024

Significant lithium reserves have been discovered in Thailand, estimated at 14.8 million tons. The... Read More

Retail sales in Britain fell by 3.2% m/m in December – the most in three years


January, 19 2024

In December, retail sales in the UK decreased by 3.2% compared to the previous month, as reported... Read More

Google will allocate $1 billion for the construction of a data center in the UK


January, 19 2024

Google Corporation, part of Alphabet Inc., plans to invest $1 billion in the construction of a new... Read More

Inflation in Japan slowed to 2.6% in December


January, 19 2024

According to the Ministry of Internal Affairs and Communications of Japan, consumer prices rose by... Read More

China became more active in buying Russian oil due to disputes with Iran


January, 18 2024

Chinese private refineries have increased purchases of Russian oil due to ongoing price disputes... Read More

Brent crude oil rose to $78.30 per barrel


January, 18 2024

Benchmark oil prices are going up on Thursday due to continued geopolitical tensions in the Red Sea... Read More

The head of the ECB allowed a reduction in key rates in the summer


January, 18 2024

Christine Lagarde, President of the European Central Bank (ECB), noted the likelihood of a... Read More

Inflation in the eurozone accelerated in December for the first time since April


January, 18 2024

According to the final data from Eurostat, in December 2023, consumer prices in the eurozone... Read More

Bitcoin ETFs have raised almost $1 billion in two days of trading


January, 18 2024

Spot bitcoin ETFs raised almost $1 billion in the first two days of trading, according to data from... Read More

Experts: the situation on the world market resembles a bullish 2020


January, 18 2024

Starting in 2024, the American stock market is showing a decrease in concentration and expansion,... Read More

India named the retention of oil prices as its merit


January, 16 2024

Indian Oil Minister Hardeep Singh Puri, speaking at the World Economic Forum in Davos, said that... Read More

China's GDP grew by about 5.2% in 2023


January, 16 2024

Chairman of the State Council of the People's Republic of China, Li Qiang, said at the World... Read More

Gold prices have fallen while the dollar is recovering


January, 16 2024

Gold prices are showing a decline on Tuesday after several sessions of growth – the strengthening o... Read More

German GDP in 2023 decreased for the first time since 2020


January, 16 2024

In 2023, German GDP declined for the first time since 2020 due to high inflation, rising interest... Read More

Inflation in Germany accelerated to 3.8% in December


January, 16 2024

According to a report by the German Federal Statistical Office, consumer prices in the country,... Read More

Deutsche Bank predicts a sharp strengthening of the dollar in 2024


January, 12 2024

According to an analysis published by Business Insider, the US dollar is predicted to strengthen... Read More

Katie Wood: bitcoin will reach $1.5 million by 2030 after the ETF approval


January, 12 2024

Katie Wood, head of the ARK Invest investment fund, expressed confidence that by 2030 the value of... 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.