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

China gave way to the United States as Germany's main trading partner


May, 17 2024

In the first quarter of 2024, China gave way to the United States as Germany's main trading partner, according to a report by the Federal Statistical Office of Germany (Destatis).During this period, Germany reduced exports to China by 1.1% compared to the same period last year – to 24 billion euros. The volume of German imports from China decreased by 11.7% to 36 billion euros. China accounted for 10.9% of the country's total imports in January-March. More than 25% of electric vehicles impo... Read More

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European Stocks Pulled Down by German data


March, 07 2017

The European stocks dropped for three days in a row on Tuesday pulled by the decline in shares of... Read More

Australia's Interest Rate Remained on Hold


March, 07 2017

Australia's Interest Rate Remained on Hold Australia kept its interest rates steady on Tuesday,... Read More

Brexit Supporters Push May to Examine EFTA Comeback


March, 07 2017

UK Prime Minister Theresa May is recently being urged by a panel of Brexit-supporting lawmakers to... Read More

Planned Reduction of China’s Steel Sector in 2018


March, 06 2017

China aims to reduce its oversupply in the steel sector for next year according to the National... Read More

Egypt Economy Contracted According to PMI Report


March, 06 2017

The Egyptian economy slowed down for the 17th time within the month of February showing a much... Read More

Philip Hammond to Allocate $676 Million to Boost UK Tech


March, 06 2017

UK Chancellor Philip Hammond has announced that he will be utilizing Wednesday’s budget to offer m... Read More

A Flexible Domestic Market Target of Chinese Forex regulators


March, 03 2017

An accommodating local currency market that is both open and competitive to curb the impact of... Read More

Indian Economy Expected to Climb Over 7.5%, Mukherjee says


March, 03 2017

Indian President Pranab Mukherjee mentioned that the country’s economic growth plays between 0 to 1 ... Read More

US Jobless Claims Hit Lowest Levels in Over 40 Years


March, 03 2017

The US job market looks like it’s in for more positive movements in the coming days after the c... Read More

Dropped in Oil prices due to Excess Supply in February


March, 02 2017

For three succeeding session, the crude oil dropped as the supply accumulated affecting the overall... Read More

Economic Boost for Timor Leste


March, 02 2017

The country bounded in the Western Indonesia, Timor Leste or called East Timor in the past has... Read More

Britain’s Inequality Set to Rise as UK Crisis Takes Effect


March, 02 2017

Inequality and poverty rates in the UK are expected to get worse within a five year-period as the... Read More

PBOC Released $60.2 B to Trigger Liquidity in February


March, 01 2017

The Central bank of China funded 413.85 billion yuan equivalent to 60.2 billion U.S. dollar in... Read More

Nigerian Economy Declined After 25 years


March, 01 2017

After 25 years the economy of Nigeria experienced an annual decline in its economic output as the... Read More

Investors Shift Focus from Trump Statement to Fed Movements


March, 01 2017

Investors are now shifting their focus from Donald Trump’s Congress address to the timing of the F... Read More

Steady Economic Growth of Australia as Exports Rises


February, 28 2017

The Australian economy is assumed to have recovered after a surge in demand for exports and... Read More

Consumer Confidence of the Eurozone Plummeted


February, 28 2017

The consumer confidence of UK for this month declined while the British currency weakened. The... Read More

Wilbur Ross Steps Up as Trump’s Commerce Secretary


February, 28 2017

The US Senate has already confirmed the appointment of billionaire Wilbur Ross as US Commerce... Read More

Expected Shift in Crude Futures as Much as $2B Will Put an End to Oil Glut


February, 27 2017

In the upcoming week, the passive investment funds are expected to rise to $2 billion from... Read More

Macri’s Reforms Showed Signs for Economic Resurgence in Argentina


February, 27 2017

The economy of Argentina beefed up by 1.6% during the month of December compared with last month... Read More

DJIA Records 10th Consecutive High as Dollar Falls


February, 24 2017

The Dow Jones Industrial Average Index (DJIA) has recently recorded another all-time high for the... Read More

Growth of Indian Economy Slipped


February, 24 2017

The economy of India is projected to fell nearly three-year low for the last three months of the... Read More

U.S. Dollar Dropped Against a Basket of Currencies Amid Political Rift


February, 24 2017

The greenback declined versus other major currencies on Thursday because of the absence of... Read More

Fed Officials Not Too Eager on Implementing Rate Hike in March


February, 23 2017

Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this... Read More

Decline in Australia’s Business Investments


February, 23 2017

Business investments in Australia dropped for the fourth straight quarter as miners lessened while... Read More

Venezuelan Food Expenses Affected by the Economic Crisis


February, 23 2017

A couple of years later the negative growth in the economy of Venezuela continues which brought... Read More

China’s High Budget Surplus Gives Positive Outlook for the Year


February, 22 2017

Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... Read More

Singapore-Britain Deeper Collaboration


February, 22 2017

The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... Read More

Hong Kong Ex-Chair Tsang Charged with Misconduct, Faces 20-Month Jail Sentence


February, 22 2017

Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... Read More

Brazil Eased Inflation Rate Less than 5 percent in February


February, 21 2017

Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... 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.