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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Inflation in Argentina reached 211.4%


January, 12 2024

In 2023, Argentina faced a serious increase in inflation, which turned out to be the most... Read More

Brent rose to $79.30 per barrel due to escalation in the Middle East


January, 12 2024

Oil prices are rising on Friday morning amid rising tensions in the Middle East. The current price... Read More

Inflation in the United States accelerated to 3.4% in December


January, 11 2024

In December, consumer prices in the United States (CPI) increased by 3.4% compared to December of... Read More

The Turkish lira has again updated the historical minimum


January, 11 2024

According to trading data, the dollar exchange rate against the Turkish lira has reached a historic... Read More

The United States has resumed importing Russian oil


January, 11 2024

In October 2023, the United States resumed importing Russian oil after a break of 1.5 years,... Read More

The SEC has approved all 11 applications for the spot Bitcoin ETF


January, 11 2024

The U.S. Securities and Exchange Commission (SEC) has approved the country's first exchange-traded... Read More

Unrest in Ecuador may affect oil prices


January, 10 2024

If Ecuador has difficulties exporting oil due to the current unrest in the country, this could lead... Read More

Investors reduce bets on interest rate cuts in 2024


January, 10 2024

According to the Financial Times, investors' optimism about the active reduction of interest rates... Read More

Trade turnover between Russia and Brazil has grown to record levels


January, 10 2024

Trade turnover between Russia and Brazil increased significantly in December last year, reaching... Read More

The Central Bank of China aims to expand the global presence of the yuan


January, 09 2024

The People's Bank of China has expressed its intention to actively promote the internationalization... Read More

The Swiss Central Bank ended 2023 with a loss


January, 09 2024

The Swiss National Bank (SNB) has announced a net loss of 3 billion francs ($3.5 billion) for 2023,... Read More

Japan's Nikkei 225 index has reached its highest in 33 years


January, 09 2024

Japan's Nikkei 225 index has reached a historic high recorded for more than 33 years. This index,... Read More

Bitcoin has exceeded the $47 thousand mark for the first time since 2022


January, 09 2024

Today, the bitcoin exchange rate has reached a level above $47 thousand for the first time since... Read More

Russia and Iran have completely abandoned SWIFT


January, 08 2024

Now the banks of Russia and Iran have the opportunity to carry out transactions directly, as both... Read More

Saudi Arabia has «dropped» the oil market, reducing the prices of its oil around the world


January, 08 2024

From the beginning of February, Saudi Arabia will reduce the price of its oil in all regions of the... Read More

Libya NOC declares force majeure on largest oil field


January, 08 2024

The Libyan National Oil Corporation (NOC) has declared force majeure on the country's largest... Read More

Argentina rejected the invitation to join BRICS


December, 29 2023

Argentine President Javier Miley has sent official letters to Russian President Vladimir Putin and... Read More

China has maintained its estimate of GDP growth in 2022 at 3%


December, 29 2023

The volume of China's economy by the end of 2022 amounted to 120 trillion 472.4 billion yuan ($17... Read More

Oil is «sideways» below $78 after yesterday's drop


December, 29 2023

On Friday morning, Brent oil prices are within the «sideways» range of $77.20-77.90 per barrel. In y... Read More

Forecast: the US national debt will lead the country to default in 20 years


December, 28 2023

If changes are not made and the US government debt is not reduced, then in about 20 years it will... Read More

Experts: OPEC+ production cuts cannot affect market prices due to the United States


December, 28 2023

Experts believe that OPEC+ will not be able to reduce production enough to raise oil prices above... Read More

Dow Jones closed at the second highest mark in history


December, 27 2023

The US stock market began the last trading week of the year with growth, despite a shortened... Read More

Brent dropped below $81 after reaching December highs


December, 27 2023

Oil prices are slightly declining after reaching December highs in yesterday's trading session.... Read More

What awaits the Chinese economy in 2024?


December, 26 2023

The Conference Board predicts that the Chinese economic recovery is unlikely to reach pre-pandemic... Read More

China and Saudi Arabia have challenged the dominance of the dollar


December, 25 2023

Relations between China and Saudi Arabia continue to improve – this became even more obvious after t... Read More

The yuan came in fourth place among world currencies


December, 22 2023

In November of this year, the share of the Chinese yuan in international settlements reached 4.61%,... Read More

Gold prices fluctuate amid concerns about the Fed


December, 21 2023

On Thursday, in Asian trading, gold prices remained almost unchanged, strengthening in the... Read More

Toyota shares experienced the biggest drop in 1.5 years


December, 21 2023

Shares of the Japanese car company Toyota are showing a significant decline – the most significant i... Read More

Bitcoin ETF from BlackRock will allow cash buyback


December, 20 2023

BlackRock, one of the largest asset managers in the world, has made changes to its proposed bitcoin... Read More

Experts named the main risk for the US stock market in 2024


December, 20 2023

Experts from Ned Davis Research express concerns about the American stock market next year,... 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.