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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.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Latest Economic News

The dollar is strengthening, the euro is falling: all attention is on the US labor market
October, 04 2024

The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support at 1.10. The dollar's recovery is driven by strong data on the US economy and labor market, as well as expectations of a slowdown in the Fed's rate cuts.On Thursday, the dollar index reached a six-week high, supported by indicators of the service sector and a positive picture on the labor market. The probability of a Fed rate cut by 50 bps in November fell to 32%, which led to a 1.5% strengthening... Read More

All News

Gold prices drop on news of coronavirus vaccine

November, 18 2020

Gold price is recovering weakly after a daily decline to $1,866.10 per troy ounce. The current gold... Read More

Asia created the world's largest trading block

November, 16 2020

Fifteen countries in the Asia-Pacific region on Sunday formed the world's largest free trade bloc... Read More

US lost status as China's largest trading partner

November, 13 2020

During his speech at the business summit, Premier of the State Council of the People's Republic of... Read More

The number of applications for unemployment benefits in the United States fell

November, 12 2020

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

OPEC downgrades forecast for fall in global oil demand in 2020

November, 11 2020

The Organization of the Petroleum Exporting Countries (OPEC) has once again lowered its forecast... Read More

Germany shared views on the future of Nord Stream 2

November, 10 2020

According to a statement from the Eastern Committee of the German Economy, an association uniting... Read More

OPEC+ deal parameters may be changed more than expected

November, 09 2020

The head of the Ministry of Energy of Saudi Arabia, Prince Abdel Aziz bin Salman, at the oil... Read More

Unemployment in the US in October fell to 6.9%

November, 06 2020

According to the US Department of Labor, the number of jobs in the economy in October increased by... Read More

Gold awaits US election results

November, 06 2020

The price of gold on Friday is growing moderately against the background of market participants'... Read More

Bank of England expands government bond buyback program to £ 875bn

November, 05 2020

Today a meeting of the Bank of England was held, following which the regulator kept the base... Read More

Expert: OPEC+ countries should postpone the softening of the deal from January of the new year

November, 03 2020

Anne-Louise Hittle, vice president of consulting firm Wood Mackenzie, said at the International... Read More

Oil prices fall amid new quarantine measures in Europe

November, 02 2020

World oil prices fell to $36 a barrel Monday morning on concerns over demand following the... Read More

US consumer sentiment index rose better than forecast

October, 30 2020

The Michigan Consumer Sentiment Index, which measures household confidence in the US economy, rose... Read More

Oil fell below $38 for the first time since June 1

October, 29 2020

Oil prices have been falling over the past few days due to COVID-19 risks and U.S. election... Read More

ECB expectedly kept the base rate at zero level

October, 29 2020

The Board of Governors of the European Central Bank (ECB) at its meeting today kept the base... Read More

Bank of Canada has kept the rate at the same level of 0.25%

October, 28 2020

The Bank of Canada on Wednesday kept its key interest rate at a record low of 0.25%. Earlier, the... Read More

US consumer confidence index unexpectedly declined in October

October, 27 2020

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

The trade war with China did not contribute to the growth of industrial production in the United States

October, 26 2020

The trade war with China, unleashed by US President Donald Trump, did not achieve its main goal (a... Read More

US exchanges are trading in positive territory on forecasts for state aid

October, 23 2020

According to the trading data, the main US stock indexes on Friday are mainly growing against the... Read More

Gold price resumed falling

October, 23 2020

The price of gold resumed its decline after the morning corrective growth. The current quotation of... Read More

EU intends to prepare a response to possible US sanctions

October, 21 2020

German Foreign Ministry spokesman Christopher Burger said that the European Commission intends to... Read More

Gold grows weakly amid uncertainty around US elections

October, 20 2020

Gold prices rise slightly on Tuesday evening amid continued uncertainty around the upcoming US... Read More

US exchanges are growing on expectations of economic stimulus

October, 19 2020

Major US stock indexes rallied on Monday in anticipation of news on a new US fiscal aid package and... Read More

Johnson urges Britons to prepare for tough Brexit option

October, 16 2020

British Prime Minister Boris Johnson said today that it is time for the country to prepare for a... Read More

Germany introduces additional measures to combat Covid-19

October, 15 2020

German Chancellor Angela Merkel agreed to introduce additional measures in the country to combat... Read More

Chinese companies skyrocket in price

October, 13 2020

The aggregate capitalization of Chinese companies reached $10 trillion for the first time since... Read More

Saudi Arabia will host the largest banking deal of the year

October, 12 2020

National Commercial Bank (NCB), the largest Bank in Saudi Arabia by assets, announced the purchase... Read More

US imposes $2 billion tariffs on aluminum sheet

October, 09 2020

US Commerce Department chief Wilbur Ross said today that the United States is imposing duties on... Read More

U.S. unemployment shrinks amid slow growth in new jobs

October, 08 2020

According to the US Department of Labor, last week the number of Americans who filed initial... Read More

Futures on US indices are growing in anticipation of the Fed meeting minutes

October, 07 2020

Futures on major US stock indexes started to rise on Wednesday after a sharp drop a day earlier... 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.
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.