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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Libya stops oil production due to political conflict


August, 28 2024

Oil production in Libya declined sharply this week, losing almost half of its volume. This... Read More

The European stock market shows moderate growth


August, 28 2024

On Wednesday, stock indexes of the largest countries in Western Europe showed moderate growth,... Read More

India will buy up to 160 tons of gold in the UAE


August, 28 2024

India plans to purchase up to 160 tons of gold in the United Arab Emirates in the current fiscal... Read More

Research: 4 risks for the dollar dominance


August, 28 2024

Researchers from the Brookings Institution have identified several factors that can undermine the... Read More

The main events by the morning: August 28


August, 28 2024

A loophole for settlements with China is closing – the UAE has begun to refuse to conduct Russian t... Read More

The number of crypto millionaires has almost doubled in a year


August, 27 2024

The world of cryptocurrencies continues to attract millionaires and even billionaires. According to... Read More

Asian trading results


August, 27 2024

Asian stock indexes ended trading with mixed changes, reacting to corporate news.Japan's Nikkei 225... Read More

Oil prices are declining amid the Libyan crisis


August, 27 2024

Oil prices declined on Tuesday in Asian trading after strong gains in previous sessions. Traders... Read More

The main events by the morning: August 27


August, 27 2024

The popularity of Telegram has grown significantly after the arrest of Pavel Durov. Messenger took... Read More

Powell's performance was a turning point for gold


August, 26 2024

The gold market is once again reaching record highs, exceeding the mark of $2,560 per ounce. This... Read More

The US stock market ended the week with growth amid Powell's statement


August, 26 2024

US stock markets ended Friday higher, reacting positively to the speech by Fed Chairman Jerome... Read More

Silva risks drowning Brazil in crisis


August, 26 2024

Two years of Lula da Silva's rule in Brazil turned out to be a real test for investors. The... Read More

The main events by the morning: August 26


August, 26 2024

Pavel Durov was detained by the French authorities at Le Bourget airport. French intelligence... Read More

The Turkish lira set a new anti-record


August, 23 2024

The Turkish lira fell to a historic low when the dollar-to-lira (USD/TRY) exchange rate on the... Read More

The main events by the morning: August 23


August, 23 2024

The correction in the Russian market continues for the fifth day. There is a decrease in both the... Read More

Chinese banks have increased assets by 7%


August, 22 2024

According to Xiao Yuanqi, Deputy head of the State Administration for Financial Supervision and... Read More

The number of applications for unemployment benefits in the United States has increased to 232 thousand


August, 22 2024

According to the US Department of Labor, the number of Americans applying for unemployment benefits... Read More

From Hong Kong to Seoul: an overview of Asian markets


August, 22 2024

Equity markets in the Asia-Pacific region (APR) mostly showed growth on Thursday. Investors analyze... Read More

US stock markets: Wednesday trading results


August, 22 2024

The US stock market ended trading on Wednesday with positive dynamics, thanks to growth in the... Read More

The main events by the morning: August 22


August, 22 2024

Trade turnover between Russia and the European Union has reached its lowest level since 1999. In... Read More

IMF: Indian economic growth may reach $55 trillion


August, 21 2024

IMF Executive Director Krishnamurti Subramanian expressed confidence that by 2047, India's economy... Read More

European indices decline after several days of growth


August, 21 2024

European stock indexes declined following the results of trading on Tuesday. Investors took profits... Read More

US stocks fluctuate ahead of the Fed's key speech


August, 21 2024

U.S. stock indexes ended trading lower on Tuesday as investors waited for Fed Chairman Jerome... Read More

The main events by the morning: August 21


August, 21 2024

Democrats have officially nominated Kamala Harris as a candidate for the presidency of the United... Read More

The US stock market is growing amid expectations of lower interest rates


August, 20 2024

The American stock market is growing steadily after a stormy session on Wall Street. Investors have... Read More

The LPR rate in China remains at 3.35%


August, 20 2024

The People's Bank of China announced the retention of the loan rate for one year for first-class... Read More

Producer prices in Germany fell in July


August, 20 2024

In July 2024, producer prices in Germany decreased by 0.8% compared to July last year, according to... Read More

Gold breaks records


August, 20 2024

The price of gold continued its growth on Tuesday, reaching a new record amid expectations of... Read More

The main events by the morning: August 20


August, 20 2024

Сrushed stone trading has started in Russia. For the first time in the history of the Russian ... Read More

S&P 500: the forecast for 5600 points remains


August, 19 2024

Analysts maintained an optimistic outlook for the S&P 500 index, expecting it to rise to 5600... 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.