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

Iron ore at a 5-week low due to concerns about China


December, 27 2024

Iron ore prices fell to their lowest level in more than five weeks, dropping below $100 per tonne. The reason was weak data on industrial profits in China, which highlighted the vulnerability of the country's economy.Futures in Singapore dropped to $99 per tonne, showing a second consecutive weekly decline. In November, Chinese companies' industrial profits fell for the fourth month in a row, which is likely to lead to the sharpest annual decline since statistics began in 2000. However, the prof... Read More

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Japan intends to reduce dependence on energy supplies from Russia


March, 15 2022

Japan's Minister of Economy, Trade and Industry Koichi Hagiuda said that the country is trying to... Read More

India and Russia may switch to alternative currencies


March, 14 2022

India and Russia are considering the possibility of creating a mechanism for trade settlements in... Read More

Oil started to decline at the beginning of a new trading week


March, 14 2022

On Monday, the price of oil continued the decline, which began last week: the current Brent quote... Read More

Gold is getting cheaper as international tensions decrease


March, 11 2022

At the end of the week, gold shows a decline of more than 1% amid the weakening of geopolitical... Read More

The European Union is preparing to join its ranks with new countries


March, 11 2022

The heads of the EU countries instructed the European Commission to prepare conclusions on the... Read More

Inflation in the US has updated the maximum in 40 years


March, 10 2022

According to the US Department of Labor, annual inflation in the country accelerated to 7.9% in... Read More

The ECB has kept the base rate at zero


March, 10 2022

At a meeting on Thursday, the Governing Council of the European Central Bank (ECB) kept the... Read More

Venezuela intends to double oil production in 2022


March, 10 2022

Venezuela's national energy company Petróleos de Venezuela SA (PDVSA) has announced that it intends ... Read More

Bitcoin jumped by 8?ter the statement of the US Treasury


March, 09 2022

Bitcoin and other cryptocurrencies jumped sharply in price after details of the executive order of... Read More

Brent rose to $131 per barrel amid US ban on imports from Russia


March, 09 2022

On Wednesday morning, oil prices accelerated their growth after the White House administration... Read More

Canada offered the world its oil instead of Russian


March, 07 2022

The authorities of the Canadian province of Alberta offered to supply the United States and the... Read More

Oil rose to a record $139 per barrel


March, 07 2022

On Monday, Brent crude briefly rose to its highest level since 2008, reaching almost $140 per... Read More

The price of gas in Europe has reached $3500 per thousand cubic meters


March, 07 2022

The spot price of gas in Europe on Monday morning reached another historic high and exceeded the... Read More

S&P Dow Jones Indices will exclude shares of Russian companies from the main indexes


March, 05 2022

Index provider S&P Dow Jones Indices announced that from March 9, shares of Russian issuers... Read More

Oil prices showed a record increase in a week


March, 05 2022

Last week, oil prices showed the largest weekly increase since mid-2020. Yesterday, Brent futures... Read More

World food prices reached a record high in February


March, 05 2022

According to the Food and Agriculture Organization of the United Nations, world food prices in... Read More

Nonfarm Payrolls: US Labor Market expanded much better than forecast


March, 04 2022

According to the US Department of Labor, the number of jobs in the non-agricultural sector of the... Read More

Brent rose to $118 per barrel for the first time in nine years


March, 03 2022

The oil market continues to grow, updating all new highs. Today, Brent oil quotes have reached the... Read More

The transit of Russian gas through Ukraine remains at a maximum


March, 03 2022

According to the operators of gas transmission systems (GTS), the transit of Russian gas through... Read More

Buyers are boycotting Russian oil, despite a huge discount


March, 02 2022

According to analysts, large oil buyers are boycotting Russian Urals oil because of the situation... Read More

Brent and WTI oil prices almost equaled above $109


March, 02 2022

On Wednesday morning, world oil prices continued to rise. At the same time, the cost of both... Read More

FC Barcelona will launch its cryptocurrency


March, 01 2022

The Spanish football club Barcelona intends to issue its own cryptocurrency in order to attract... Read More

Nord Stream 2 contemplates insolvency following pipeline halt and sanctions


March, 01 2022

Nord Stream 2 AG, the operator of the Nord Stream-2 project, is considering the possibility of... Read More

Oil continues to rise in price


March, 01 2022

The price of oil continues to rise on Tuesday amid the continuation of military operations on the... Read More

China does not intend to stop trade cooperation with Russia


February, 28 2022

The Ministry of Foreign Affairs of China has announced its intention to continue mutually... Read More

Markets focus today: Russia's disconnection from SWIFT and Powell's speech


February, 28 2022

On Saturday, many Western countries decided to block the SWIFT international payment network for... Read More

Commodity prices in the world are rising on fears of supply disruptions


February, 28 2022

The cost of various commodities is rising at the beginning of the week, as new Western sanctions... Read More

What is the risk of the Ukrainian crisis for investors?


February, 25 2022

Since the beginning of 2022, the main «headache» of investors has been the return of volatility to t... Read More

Iraq is discussing with Qatar the supply of 1.5 million tons of LNG per year


February, 25 2022

Iraqi Oil Minister Ihsan Ismail said that the country is discussing the supply of 1.5 million tons... Read More

Brent exceeded $101 on the news about the military operation in Ukraine


February, 24 2022

On Thursday morning, the price of benchmark oil is steadily rising amid the escalation of the... Read More

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.