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

China strengthens food security by reducing imports from the United States


November, 01 2024

Since 2018, China has been actively changing the structure of food imports, which significantly affects its trade relations with the United States.Against the background of the risks of a trade war, which were outlined by both Donald Trump and Kamala Harris in the election programs, China is striving to strengthen food security and reduce dependence on American suppliers. The world's largest importer of soybeans and corn has shifted to other markets: Brazil, Argentina, Ukraine and Australia.In r... Read More

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Brent crude jumped to $77.8 thanks to a deal on US government debt


May, 29 2023

On Monday morning, the price of oil jumped to the level of $77.83 per barrel after the news that US... Read More

The US reached an agreement on the debt ceiling


May, 29 2023

The Speaker of the House of Representatives of the US Congress, Republican Kevin McCarthy,... Read More

Economic Calendar | May 29 – June 2


May, 29 2023

Monday, May 29The upcoming week promises to be quite busy, but Monday is traditionally the quietest... Read More

The US debt ceiling: basic facts


May, 26 2023

The traditional political battle between the Democratic Party led by President Joe Biden and the... Read More

Bloomberg: the weakness of China's economy is reflected all over the world


May, 26 2023

Bloomberg analysts said that China's weak economic recovery and Beijing's unwillingness to apply... Read More

Gold fell to a 2-month low due to the unresolved US debt ceiling


May, 26 2023

On Friday, gold prices fell to a 2-month low amid concerns about raising the US debt ceiling and... Read More

NVIDIA may surpass Apple in market value growth in a day


May, 25 2023

NVIDIA has released a report with financial results in the first quarter that exceeded analysts'... Read More

The spot price of gas in Europe has updated the two-year minimum


May, 25 2023

The spot price of gas in Europe has updated its minimum value for 2 years, falling below the level... Read More

The minutes of the May meeting of the US Federal Reserve are published


May, 25 2023

Last night, the minutes of the May meeting of the US Federal Reserve System were published. It can... Read More

The Bank of England hopes to halve the rate of inflation in 2023


May, 24 2023

The head of the Bank of England, Andrew Bailey, said that inflation in the UK turned out to be more... Read More

Analysts: two «bullish» indicators pointed to the growth of the stock market


May, 24 2023

Ryan Detrick, Chief Market strategist at Carson Group, predicts the continuation of the recent... Read More

Brent oil price has overcome the level of $78 per barrel


May, 24 2023

On Wednesday, oil prices continue to rise, breaking the level of $78 per barrel. The current Brent... Read More

Apple made a multibillion-dollar Broadcom deal for 5G chips built in the US


May, 24 2023

Apple Inc has announced a multibillion-dollar agreement with Broadcom Inc to manufacture and supply... Read More

The Reserve Bank of New Zealand is ready to take a break after raising the rate by 25 bp


May, 24 2023

The Reserve Bank of New Zealand raised the official cash rate (OCR) by 25 basis points to 5.5% per... Read More

UK inflation slows to 8.7% in April


May, 24 2023

In April 2023, consumer prices rose by 8.7% year-on-year, according to the UK Office for National... Read More

Apple rally moves company closer to $3 trillion market value


May, 23 2023

Since the start of 2023, Apple stock has gained 35% on a rally in the technology sector that has... Read More

The oil market is on the rise again


May, 23 2023

On Tuesday, oil quotes remain in the area of local highs above $76 per barrel. Market participants... Read More

Economic calendar | May 22 – 26


May, 22 2023

Monday, May 22As is often the case, Monday is again accompanied by a completely empty economic... Read More

Yuan's share in SWIFT settlements reaches record high


May, 19 2023

The share of the Chinese yuan in international trade settlements through the SWIFT system reached a... Read More

Oil prices rise on news from the US


May, 19 2023

On Friday, world oil prices continued to rise, reaching $76.78 per barrel. The rise of the oil... Read More

Inflation in Japan unexpectedly accelerated to 3.5% in April


May, 19 2023

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

Japan intends to invest 18 billion pounds in the British economy


May, 18 2023

According to the office of British Prime Minister Rishi Sunak, Japanese companies intend to invest... Read More

The price of gas in Europe fell below $350 for the first time in almost 2 years


May, 18 2023

According to ICE exchange data, the price of gas in the EU has fallen below $350 per thousand cubic... Read More

Oil prices remain near weekly highs


May, 18 2023

On Thursday, oil prices remained stable in the area of local highs just below $77 per barrel. The... Read More

The pound remains under pressure after the speech of the head of the Bank of England


May, 17 2023

The British pound sterling has been showing a significant drop in recent days in a pair with the US... Read More

Inflation in the eurozone accelerated to 7% in April


May, 17 2023

According to the final data of the Statistical Office of the European Union, Eurostat, in April... Read More

Japan's GDP in the first quarter grew stronger than forecast


May, 17 2023

According to preliminary data from the Japanese government, the country's economy grew by 0.4% in... Read More

Economic calendar | May 15 – 19


May, 17 2023

Monday, May 15 The beginning of the trading week was atypical, as a number of significant... Read More

ECB chief economist forecasts a decline in inflation in the eurozone


May, 09 2023

Philip Lane, chief economist at the European Central Bank, said that inflation in the eurozone is... Read More

Oil declines after the release of the Saudi Aramco report


May, 09 2023

On Tuesday, the price of oil is falling again by more than 1%. Pressure on prices was exerted by... 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.