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Latest Economic News

The main events by the morning: December 24


December, 24 2024

Investors are massively closing their shorts amid the growth of the Moscow Exchange index. The MOEX index has grown by more than 12% over the past two days, which forced investors who bet on its decline to urgently close short positions. Despite the growth, the index remains 13% below the levels of the beginning of the year and 23% below the local maximum recorded in May. A particularly high volume of closing of shorts is observed in the OFZ market.The Central Bank of the Russian Federation warn... Read More

All News

US inflation firms in November


December, 11 2019

According to the Labor Department, U.S. consumer prices increased solidly in November by 2.1%... Read More

Oil prices are in the red amid worries about a trade war


December, 10 2019

Oil prices continue to decline on Tuesday, as concerns over slowing demand outweighed optimism... Read More

German exports rose in October by 1.2%


December, 09 2019

According to the Federal Statistical Office data, exports from Germany rose in October by 1.2%... Read More

U.S. unemployment falls to 3.5%, wages gain steadily


December, 06 2019

According to the US Department of Labor, US unemployment in November fell to 3.5%, the lowest level... Read More

The number of filing applications for unemployment benefits in the US fell by 10 thousand


December, 05 2019

According to the report of the US Department of Labor, the number of Americans filing applications... Read More

U.S. private sector job growth slows down sharply in November


December, 04 2019

According to the press release from the analytical company Automatic Data Processing (ADP), U.S.... Read More

Trump: The deal with China will have to wait until the 2020 elections


December, 03 2019

U.S. President Donald Trump noted that he could postpone the signing of a trade agreement with... Read More

China imposed sanctions against a number of US organizations


December, 02 2019

According to a statement by representatives of the Ministry of Foreign Affairs of the People's... Read More

Eurozone inflation rises quicker than expected in November


November, 29 2019

According to preliminary estimates of European statistical agency Eurostat, annual inflation in 19... Read More

Bitcoin grows after drawdown the previous days


November, 28 2019

After a drawdown amid the news about the hacking of the Upbit exchange, the price of bitcoin showed... Read More

US GDP growth revised up to 2.1%


November, 27 2019

According to the press release from the US Department of Commerce, the US economy grew at a 2.1%... Read More

Oil gains on optimism in US-China trade talks


November, 26 2019

According to trading data, world oil prices began to rise today amid optimism around the prospects... Read More

Former New York City Mayor Mike Bloomberg officially announces he's running for president


November, 25 2019

The billionaire former mayor of New York City Michael Bloomberg officially announced on Sunday that... Read More

European markets lost growth after weak PMI


November, 22 2019

On Friday, European stock markets slowed earlier growth. It was caused by the publication of the... Read More

Russia expects Nord Stream 2 to begin operations in mid-2020


November, 21 2019

Deputy Prime Minister Dmitry Kozak said that Russia’s Nord Stream-2 gas pipeline is expected to b... Read More

Trump says China tariffs will go «even higher» without deal


November, 20 2019

On Wednesday, American futures fell after US President Donald Trump again threatened to increase... Read More

Global stocks hit two-year highs


November, 19 2019

Today world stocks reached two-year highs, as investors still believe that the US and China will be... Read More

Morgan Stanley predicts accelerated economic growth


November, 18 2019

Morgan Stanley’s economists believe that a recovery in global growth will occur in the first q... Read More

US industrial production declined 0.8% in October


November, 15 2019

US industrial production fell 0.8% in October from the previous month. Analysts forecasted a... Read More

US-China talks stalled again due to discrepancies on the issue of agricultural commodities


November, 14 2019

The trade talks between US and China were again in limbo, as the parties still disagree on a number... Read More

The results of D. Trump’s speech at the Economic Club of New York


November, 13 2019

Yesterday in a speech to the Economic Club of New York US President Donald Trump announced the... Read More

The world’s largest trade deal could be signed in 2020


November, 12 2019

After more than 6 years of negotiations, a group of 15 Asia-Pacific countries is going to sign the... Read More

Oman believes non-OPEC will extend the deal to reduce oil production


November, 11 2019

Oman’s energy minister Mohammed bin Hamad al-Rumhy said today, that OPEC and non-OPEC producers w... Read More

Gold shows worst indicators in two years


November, 08 2019

Gold prices continue to show the worst performance over the past two years, responding to positive... Read More

The ECB predicts a modest growth in the eurozone economy in the second half of 2019


November, 07 2019

The European Central Bank said in its economic bulletin, that the eurozone economy will continue to... Read More

China insists on cancellation of US duties before trade deal


November, 05 2019

Market players are again thrilled by the news: China is insisting on the abolition of additional US... Read More

Gold rises in price on return of trading risks


October, 31 2019

Based on trading session data, the price of gold went up during the evening trading. The current... Read More

China’s Services sector PMI drops slightly in September


September, 30 2019

According to the official results released on Monday, the services sector in China slowed down for... Read More

Australia’s Consumer Sentiment weakened in September triggering further rate cuts


September, 11 2019

Australian consumer sentiment weakened in September as they worry on modest recovery in the housing... Read More

Yield curve inversion continues as 30-year T-bond yields dropped to a record low


August, 29 2019

The 30-yield US Treasury yields plunged to an all-time low as people get wary of recession and... 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.