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 volume of Russian offshore oil supplies fell to a 3-month low


November, 21 2023

For the period from November 12 to 19, the volume amounted to 2.7 million barrels per day, which is... Read More

SEC sued Kraken crypto exchange


November, 21 2023

The US Securities and Exchange Commission (SEC) has filed a lawsuit against the Kraken... Read More

Microsoft can get the entire ChatGPT Development team


November, 21 2023

After the dismissal of Sam Altman from the post of head of OpenAI last week, the company faced... Read More

Traders wait a reduction in the Fed's base rate by 1 pp by the end of 2024


November, 20 2023

According to data published last week in the United States, inflation in the country has slowed... Read More

Economic calendar | November 20 – 24


November, 20 2023

Monday, November 20Apparently, we are going to have a rather monotonous and boring week. Apart from... Read More

What to pay attention to at the end of the year?


November, 17 2023

This year, November turned out to be quite successful for the US stock market after a streak of... Read More

Inflation in the eurozone in October slowed to the lowest since July 2021


November, 17 2023

According to the statistical office of the European Union, in October, consumer prices in the... Read More

Xi Jinping called China the most powerful engine of global growth


November, 17 2023

During the speech at the APEC Business Summit in San Francisco, Chinese President Xi Jinping said... Read More

Venezuela hopes to join BRICS next year


November, 17 2023

Venezuela expressed hope for progress on the issue of joining the BRICS (Brazil, Russia, India,... Read More

Brent collapsed below $77 per barrel


November, 17 2023

Last night, the oil market showed a sharp decline from the area of $81 per barrel to $76.60. The... Read More

The number of applications for unemployment benefits in the US has reached its highest in three months


November, 16 2023

Last week, the number of Americans applying for unemployment benefits for the first time increased... Read More

China and the United States have outlined a plan for the stable development of relations


November, 16 2023

US President Joe Biden and President of the People's Republic of China Xi Jinping met in San... Read More

Producer prices in the US in October fell at the fastest pace since April 2020


November, 15 2023

In October, producer prices in the United States (PPI index) decreased by 0.5% compared to the... Read More

UK inflation slowed sharply to 4.6% in October


November, 15 2023

According to the UK National Statistics Office, inflation in the country slowed to 4.6%... Read More

Biden will approve the project on financing without assistance to Ukraine and Israel


November, 15 2023

US President Joe Biden announced his readiness to sign a bill on financing the work of the US... Read More

Experts predict the biggest credit «bubble» in history


November, 14 2023

The manager of the hedge fund Universal Investment Mark Spitznagel warns of the impending collapse... Read More

IEA: oil production in the world in October reached record values


November, 14 2023

The International Energy Agency (IEA) in its report noted an increase in global oil supply in... Read More

China named the conditions for establishing relations with the United States


November, 14 2023

On the occasion of Chinese President Xi Jinping's visit to the United States, the Chinese state... Read More

OPEC forecast supported the oil market


November, 14 2023

Oil prices increased their growth on Monday evening after the publication of an updated OPEC... Read More

APEC: what are the finance ministers discussing


November, 14 2023

At the recent meeting of finance ministers of the countries participating in the Asia-Pacific... Read More

OPEC blamed speculators for the fall in oil prices


November, 13 2023

According to the latest monthly OPEC report, the recent drop in oil prices was caused not by... Read More

Meeting of Biden and Xi. Do the United States and China need each other?


November, 13 2023

On the eve of Xi Jinping's visit to the APEC forum, an «inconvenient truth» comes to the surface – t... Read More

Morgan Stanley expects Fed rate cut by 300 bps by the end of 2025


November, 13 2023

Morgan Stanley analysts predict that the US Federal Reserve will start lowering the benchmark... Read More

The oil market is slightly declining at the beginning of a new trading week


November, 13 2023

On Monday, there is a slight drop in oil prices – market participants are waiting for updated f... Read More

Economic Calendar | November 13 – 17


November, 13 2023

Monday, November 13The only thing worth paying attention to at the beginning of a new trading week... Read More

Nasdaq index has added $1.5 trillion thanks to Microsoft


November, 10 2023

Microsoft, one of the largest companies by market capitalization, has led to a significant increase... Read More

UK GDP did not change in the third quarter


November, 10 2023

According to preliminary data from the National Statistical Office, in the third quarter of 2023,... Read More

Bitcoin came close to $37 thousand


November, 09 2023

Over the past day, bitcoin has shown an increase of 3.63%, approaching the mark of $37 thousand – $... Read More

Analysts: cryptocurrencies promise 70% profitability again


November, 09 2023

Analysts report that trading platforms have once again begun offering users cryptocurrency returns... Read More

UBS advises shares of Chinese Internet companies instead of US Big Tech


November, 08 2023

Specialists of the Swiss bank UBS Group AG advise to take a closer look at the cheaper shares 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.