Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

Food inflation in the UK has fallen for the first time in two years

May, 30 2023

According to the British Retail Consortium (BRC), food inflation in Great Britain fell for the first time in two years from a record 15.7% in April to 15.4% in May. The last time the indicator decreased was in August 2021. Analysts note that the reason for the decline was the fall in electricity prices and the cost of production costs.According to the BRC, price inflation for canned food rose to 13.1% from 12.9% in April, and for perishable products – fell from 17.8% to 17.2%.At the same ti... Read More

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Brent crude jumped to $77.8 thanks to a deal on US government debt

May, 29 2023

On Monday morning, the price of oil jumped to the level of $77.83 per barrel after the news that US... Read More

The US reached an agreement on the debt ceiling

May, 29 2023

The Speaker of the House of Representatives of the US Congress, Republican Kevin McCarthy,... Read More

Economic Calendar | May 29 – June 2

May, 29 2023

Monday, May 29The upcoming week promises to be quite busy, but Monday is traditionally the quietest... Read More

The US debt ceiling: basic facts

May, 26 2023

The traditional political battle between the Democratic Party led by President Joe Biden and the... Read More

Bloomberg: the weakness of China's economy is reflected all over the world

May, 26 2023

Bloomberg analysts said that China's weak economic recovery and Beijing's unwillingness to apply... Read More

Gold fell to a 2-month low due to the unresolved US debt ceiling

May, 26 2023

On Friday, gold prices fell to a 2-month low amid concerns about raising the US debt ceiling and... Read More