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

BTC dropped to $59,000 amid concerns over Mt Gox


July, 03 2024

The price of bitcoin declined on Wednesday, continuing to follow the downward trend of the beginning of the week. The current cryptocurrency quote is $59,934. Traders are concerned about possible mass sales of the token due to the payments of the closed Mt Gox exchange. The liquidators of the exchange said they would begin returning bitcoins stolen during the hacking of the exchange in 2014 to customers by early July. The volume of digital assets to be distributed among about 127,000 users ... Read More

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US labor market: what's the news?


May, 27 2021

According to the US Department of Labor, the number of Americans who filed new applications for... Read More

The oil market is growing after the publication of data on oil reserves


May, 26 2021

World prices for «black gold» rose on Wednesday evening after the US Department of Energy announced ... Read More

Wall Street grows thanks to declining bond yields


May, 25 2021

On Tuesday, Wall Street's major indices opened higher as the largest-cap hi-tech stocks... Read More

Gold rises in price on weaker dollar and lower yields on US bonds


May, 24 2021

On Monday, the price of gold is growing against the background of a weakening US dollar and a... Read More

Germany explained Europe's need for Nord Stream 2


May, 21 2021

Representatives of the German Bundestag said that the practical economic interests of Germany and... Read More

Russia in March retained the second place in oil production in the world


May, 17 2021

According to the Joint Petroleum Statistics Initiative (JODI), Russia in March again remained in... Read More

Wall Street falls after inflation data


May, 12 2021

Wall Street indices declined on Wednesday after better-than-expected US inflation data raised fears... Read More

SpaceX will launch a satellite to the Moon, paid for by Dogecoin


May, 10 2021

SpaceX will launch a satellite to the Moon during the mission, which will be paid for with Dogecoin... Read More

Oil prices returned to two-month highs


May, 04 2021

On Tuesday, oil prices started to rise steadily, climbing to $69 a barrel, the high of early... Read More

German GDP fell 1.7%


May, 03 2021

According to the Federal Statistical Office of Germany, the country's GDP contracted in the first... Read More

US GDP in the first quarter grew by 6.4%


April, 29 2021

According to a press release from the Bureau of Economic Analysis of the US Department of Commerce,... Read More

Ethereum updated the maximum on news about the launch of digital bonds


April, 28 2021

Ethereum, the world's second-largest cryptocurrency by market capitalization, reached a new peak on... Read More

US economic indicators exceed forecasts


April, 27 2021

According to the research organization Conference Board, the index of consumer confidence in the... Read More

The meeting of all OPEC + ministers will take place on April 28


April, 26 2021

On April 28, a meeting of all OPEC + ministers and a meeting of the Ministerial Monitoring... Read More

Wall Street opens with recession despite rising employment


April, 22 2021

The US stock market opened lower on Thursday despite a positive labor market report.According to... Read More

What to expect from the Bank of Canada meeting today?


April, 21 2021

Today the Bank of Canada has to make a decision on monetary policy, and it will not be easy. On the... Read More

Wall Street declines, consolidating after record peaks


April, 19 2021

On Monday, the US stock market opened lower, consolidating in the absence of important economic... Read More

Why is the oil market growing?


April, 16 2021

The oil market continues to grow on Friday. Brent quotes reached $67.37 per barrel, WTI – $63,87. E... Read More

Iran raises production despite US sanctions


April, 15 2021

According to a report by the International Energy Agency (IEA), Iran has decided to increase oil... Read More

Christine Lagarde: Eurozone economy still needs help


April, 14 2021

In a speech on Wednesday, Christine Lagarde, President of the European Central Bank (ECB), said... Read More

The first blockchain operator was founded in Russia


April, 12 2021

The Moscow Exchange and members of the FinTech Association (AFT), which includes large Russian... Read More

Non-farm Payrolls report significantly exceeded expectations


April, 02 2021

Today, the US Department of Labor released a report Non-farm Payrolls, according to which, the... Read More

Owners of container ship Ever Given will pay about a billion dollars in fines


April, 01 2021

The manager of the Suez Canal, Osama Rabia, said that the financial losses from the blocking of the... Read More

ECB sees opportunity to launch digital euro by 2025


March, 31 2021

The head of the European Central Bank (ECB) Christine Lagarde said that the regulator could launch... Read More

Consumer Confidence in the US in March rose to its highest in a year


March, 30 2021

According to the analyst firm Conference Board, the consumer confidence index in the US in March... Read More

Experts believe that cars will rise in price because of the Suez Canal blocking


March, 26 2021

Experts believe that blocking the movement of ships through the Suez Canal will inevitably lead to... Read More

The backlog of vaccinations in the EU was estimated at 123 billion euros


March, 25 2021

Economists believe that the lag of the EU countries from the approved vaccination calendar against... Read More

Suez Canal blocked: 12% of world trade in question


March, 24 2021

One of the largest container ships in the world, owned by the Taiwanese company Evergreen Marine,... Read More

Bitcoin can rise to $300 thousand, but then – fall by 80-90%


March, 23 2021

Co-founder and former CEO of BTCC crypto exchange Bobby Lee said that today bitcoin is in a «bull ... Read More

German economy falls due to antivirus restrictions


March, 22 2021

The Bundesbank said today that the German economy is likely to contract sharply in the first... 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.