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

Inflation in the eurozone accelerated to 2.6% in May


June, 18 2024

According to the final data from the statistical office of the European Union, consumer prices in the eurozone increased by 2.6% year-on-year in May. This indicator coincided with the preliminary estimate and consensus forecast of analysts.Thus, inflation increased compared to April, when it amounted to 2.4% (the lowest value since November last year).The growth in the cost of services accelerated to 4.1% y/y in May, compared with 3.7% in April. At the same time, the increase in prices for food,... Read More

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Oil market shows signs of recovery


May, 13 2022

The price of oil continues to rise on Friday amid uncertainty about the imposition of a European... Read More

The IEA announced the reduction of world oil reserves


May, 12 2022

According to the report of the International Energy Agency (IEA), commercial stocks of oil and... Read More

The European market has fallen due to growth fears


May, 12 2022

On Thursday, European stock indexes fell sharply after the publication of inflation statistics in... Read More

Bitcoin has broken through the level of $26 thousand


May, 12 2022

The bitcoin exchange rate continues its decline, which began yesterday. The current quote of the... Read More

Experts: the Russian ruble has become the best currency of 2022


May, 12 2022

Bloomberg analysts acknowledged that the Russian ruble has become the best among the world's... Read More

US stock exchanges are growing on the background of inflation data


May, 11 2022

The main US stock indexes are growing by more than 1% on Wednesday after the publication of... Read More

Hungary again opposed the embargo on Russian oil


May, 11 2022

Hungarian Foreign Minister Peter Szijjarto said that the sanctions proposed by the European Union,... Read More

Bitcoin dropped below the $36k mark


May, 06 2022

Bitcoin continues to get cheaper on Friday along with other cryptocurrencies. The current BTC quote... Read More

Brent rose to $114 per barrel


May, 06 2022

The price of oil is rising on Friday on continuing concerns that the market will face a shortage of... Read More

Bank of England hikes interest rates to 13-year high


May, 05 2022

The Bank of England has raised interest rates to the highest level since 2009 to counter inflation,... Read More

The price of Brent overcame the level of $109 per barrel


May, 04 2022

On Wednesday, the price of Brent oil showed steady growth: the current quote of the asset is... Read More

What to expect from today's Fed meeting?


May, 04 2022

A meeting of the US Federal Reserve System will be held today, at which the interest rate is... Read More

Unemployment in the eurozone fell to 6.8% in March


May, 03 2022

According to the European statistical agency Eurostat, unemployment in the eurozone fell to 6.8% in... Read More

Greece launches construction of floating LNG terminal


May, 03 2022

The Greek authorities have announced the start of construction of a floating liquefied natural gas... Read More

EU intends to cooperate with Africa to replace Russian gas


May, 03 2022

The European Union will seek to intensify cooperation with African countries to replace Russian gas... Read More

EU countries fail to reach agreement on embargo on Russian oil


May, 02 2022

The countries of the European Union may refuse to import Russian oil by the end of this year, but... Read More

Germany intends to refuse to import Russian oil


May, 02 2022

The German government has stated that Germany may abandon Russian oil, while allowing for a likely... Read More

The stock exchanges of France and Germany are declining


May, 02 2022

The stock indexes of France and Germany are falling strongly on the first trading day of May after... Read More

Poland opens a new gas pipeline from Lithuania


May, 02 2022

Lithuania has launched the GIPL (Gas Interconnection Poland–Lithuania) gas pipeline worth almost 5... Read More

The UK may engage in gas transit to Europe


April, 15 2022

The UK is ready to become a transit country for natural gas to Europe amid attempts by European... Read More

ECB keeps rates unchanged


April, 14 2022

The European Central Bank expectedly kept the base interest rate on loans at zero, the deposit rate... Read More

Oil reserves in the United States showed the strongest growth


April, 14 2022

The price of oil continues to remain in the area of local highs: the current Brent quote is $108.20... Read More

Germany has calculated losses in case of refusal of Russian gas


April, 13 2022

Germany's economy ministry has said the country will lose about 220 billion euros ($240 billion) if... Read More

The UK is preparing for new inflationary jumps


April, 13 2022

Analysts of the Confederation of British Industry (CBI) say that the UK is waiting for new jumps in... Read More

Ministry of Energy: oil price may rise to $150 in case of embargo


April, 13 2022

The Ministry of Energy of the Russian Federation allows an increase in the cost of oil to $150 per... Read More

US stock indexes rise significantly on Tuesday


April, 12 2022

According to trading data, US stock indexes are rising on Tuesday after the publication of data on... Read More

Annual inflation in Germany reached 7.3% for the first time in 40 years


April, 12 2022

According to the final data of the German Federal Statistical Office Destatis, inflation in March... Read More

European Commission: it's too early to talk about the embargo on Russian oil


April, 11 2022

European Commission President Ursula von der Leyen and EU diplomacy Chief Josep Borrel announced... Read More

Economists noted the growing risk of a recession in the United States


April, 11 2022

Economists note that the risk of a recession in the United States is growing every day, as... Read More

Oil falls on expected decline in demand in China


April, 11 2022

The cost of oil continues to decline on Monday, breaking down the level of $100 per barrel. Prices... 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.