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

Bitcoin fell below $93 thousand amid a review of the Fed's policy


December, 20 2024

On Thursday, the bitcoin exchange rate fell below the $100 thousand mark and continued its decline on Friday. The key factor influencing the dynamics of the market was forecasts of a slower reduction in the Fed's interest rate next year.Currently, the cost of bitcoin has decreased by 2.6%, reaching the level of $92,936. Coindesk data shows that over the past five trading sessions, the cryptocurrency has lost 7.8% of its value. However, despite the current correction, bitcoin has managed to incre... Read More

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ECB Asset Purchases Refused by the Court of Germany


October, 18 2017

The appeal for an injunction to prevent the Bundesbank in participation to the asset purchase... Read More

Significant Impact of Reversing Brexit on the UK Economy is Possible


October, 18 2017

According to the world’s leading economic think-tank, the reversing Brexit is expected to cause a p... Read More

Trump Administration Pushes Fair Trade Relationship with Japan


October, 17 2017

The U.S. administration under Trump regime is aiming for a more levelheaded trade relationship with... Read More

Italy’s Cabinet Approves National Budget for 2018


October, 17 2017

The Italian cabinet approved the 2018 government budget worth 20 billion euros ($23.6 billion) with... Read More

Indian Economy Positive outlook for Medium Term, IMF Lagarde Says


October, 16 2017

The Chief Christine Lagarde of the International Monetary Fund described India to be moving in a... Read More

Japan’s LNG infrastructure Offered to Asia


October, 16 2017

The government of Japan will disclose a public-private initiative amounting to $10 billion, its... Read More

Strong Oil Imports in China As Oil Prices Surge


October, 13 2017

The Chinese oil import was robust as supported by the crude oil prices according to traders. The... Read More

Finance Minister Le Maire Confident for Optimistic French Economy


October, 13 2017

Finance Minister Bruno Le Maire is present in the conference with central bankers and Group of 20... Read More

Canada Ahead Against G7: IMF Economic Growth Estimate for 2017


October, 12 2017

The Canadian economic growth increased the estimated value until next year of the... Read More

World Bank Cuts Growth Projections in India


October, 12 2017

The Gross Domestic Product (GDP) of India may decline to 7.0 percent for this year versus 8.6... Read More

Expected Positive Recovery on World Economy, says IMF


October, 11 2017

On Tuesday, the comprehensive global economic growth is expected to remain this year until 2018,... Read More

Politically Impelled Depreciation of New Zealand dollar


October, 10 2017

A decline in the local dollar is anticipated as warned by the leader of the small nationalist party... Read More

RIse in German Exports and Bigger Trade surplus in August


October, 10 2017

Exports from Germany surpassed imports in August bringing the gap of the trade surplus wider and... Read More

Miscalculation of ONS Affected BoE’s Possible Rate Hike


October, 10 2017

The Office for National Statistics of UK further put pressure on the Bank of England over the issue... Read More

Positive Readings for German Economy in Q3


October, 09 2017

The German economy was able to conduct a reversal from the slackening summer with its most... Read More

Drop in China's Services Sector Growth For September: Caixin Data


October, 09 2017

China’s services expanded at the slowest rate in the since January 2016 as the market cools down r... Read More

Monte dei Paschi Allows VPO Swap Of Retail Bondholders Shares


October, 06 2017

The Italian bank, Monte dei Paschi intends to introduce a voluntary public offering to swap shares... Read More

Canadian Economy Cooled Down As Exports Fell


October, 06 2017

The trade deficit in Canada expanded last month as exports declined for three straight months,... Read More

U.S. Regulator Adjustment of Time Requirements in Mortgage Services


October, 05 2017

Policies for mortgage services have eased off their time requirements in communication which would... Read More

World Bank to Upgrade Growth Forecast in East Asia


October, 05 2017

The growth of East Asia and Pacific (EAP) countries are improving this year, partly because of the... Read More

Russian Services Sector PMI Reached a Three-month High in Q3


October, 04 2017

The services sector in Russia rose at the fastest rate in three months to September amid higher... Read More

UK Inflation Ranked First Among The G7: OECD


October, 04 2017

According to the statistics issued by the Organisation for Economic Co-operation and Development... Read More

Australia’s Consumer Confidence Slightly Declined


October, 03 2017

The consumer confidence in Australia declined last week due to the current and future finances... Read More

Asian Factories Improved Activity Before Shopping Season Begins


October, 02 2017

Large factories in Asia has been more active in September along with the rise in global growth with... Read More

British Economy Soften in Third Quarter, says CBI


October, 02 2017

The growth in the UK private sector had reduced marginally during the third quarter, as mentioned... Read More

Hurricanes to Slow Down US Economic Growth


September, 29 2017

The American economy improved slightly faster versus its earlier estimate during the Q2, this is... Read More

BOJ Member Kataoka Suggests Monetary Policy Expansion


September, 29 2017

Japanese policymakers plan to expand the country’s monetary policies in the recent review in S... Read More

Turkish PM Yildirim Agreed to Deal Oil Exports with Iraq


September, 28 2017

Iraq disclosed that it will only deal with the Turkey government when it comes to crude oil... Read More

Qatar’s Imports Surged in August Despite of Sanctions


September, 27 2017

Imports of Qatar rose in value as it bounced off abruptly during the month of August compared to... Read More

Switzerland is the ‘Most Competitive Economy’ in World


September, 27 2017

On Wednesday, the World Economic Forum announced that Switzerland hailed the most competitive... 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.