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

Gold is breaking records: is the Fed preparing to cut rates?


July, 16 2024

Gold prices soared on Tuesday in Asian trading, approaching the highest levels. The growth was triggered by expectations of a reduction in interest rates by the Fed in September.  Spot gold rose 0.2% to $2,427.77 per ounce, while gold futures with an expiration date in August rose 0.1% to $2,432.30 per ounce.Weak inflation data and dovish signals from the Fed are fueling investor confidence in an imminent rate cut. Traders have almost completely ruled out the possibility of keeping rat... Read More

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Gold is getting cheaper on the growth of US Treasures


September, 07 2022

Gold prices on Wednesday morning are moderately declining amid rising yields on US government bonds... Read More

Metal prices began to fall on fears of a global recession


September, 06 2022

The short-term summer rally in metal prices abruptly changed to the opposite trend, as the... Read More

Oil declines during Tuesday's trading session


September, 06 2022

World oil prices are declining on Tuesday after rising the day before to the level of $96.88 on the... Read More

The pound is growing on the promises of the new British Prime Minister


September, 06 2022

The British pound is rising on Tuesday after the publication of more detailed information about how... Read More

The pound has collapsed to its lowest since 1985


September, 05 2022

On Monday, the British pound collapsed to its lowest since 1985. At the moment, the exchange rate... Read More

Economic Calendar | September 5 – 9


September, 05 2022

Monday, September 5Monday this week is unusually full of publications – indexes of business a... Read More

Unemployment in the US in August unexpectedly reached 3.7%


September, 02 2022

In the USA, a monthly report from the Ministry of Labor was released, which surprised market... Read More

Gold dropped below $1700 for the first time since July 21


September, 01 2022

Gold prices accelerated their decline on Thursday amid the strengthening of the US dollar and... Read More

US stock indexes decline amid investors' withdrawal from risk


September, 01 2022

The main US stock indexes are noticeably declining on Thursday amid a reduction in investor... Read More

Oil prices ended August with a decline and continue to fall


September, 01 2022

Oil prices ended August in the red zone and continue to decline on the first day of... Read More

OPEC oil production in August reached the highest since April 2020


August, 31 2022

OPEC oil production in August increased to the highest since the beginning of the coronavirus... Read More

JPMorgan forecasts 11% market growth despite recession


August, 31 2022

Analysts at JPMorgan investment bank said that the US stock market could grow by 11% over the next... Read More

Inflation in the eurozone in August reached a record 9.1%


August, 31 2022

According to the Statistical Office of the European Union, consumer prices in the eurozone... Read More

Oil prices are recovering moderately after yesterday's fall


August, 30 2022

World oil prices are recovering weakly on Tuesday after falling below the level of $100 per barrel.... Read More

UK stock indexes fall on Tuesday


August, 30 2022

The British FTSE 100 index started the day with a decline, being under pressure from falling mining... Read More

The ECB called the optimal pace of rate hikes


August, 30 2022

Philip Lane, chief economist at the European Central Bank, said the ECB should raise rates at a... Read More

Goldman Sachs analysts expect a recession in the UK in the IV quarter


August, 29 2022

Analysts at Goldman Sachs Group Inc. expect the UK economy to enter recession by the end of 2022.... Read More

Powell's speech led to another drop in the crypto market


August, 29 2022

Friday's report by the head of the US Federal Reserve Jerome Powell provoked a decline in the... Read More

Forbes: world billionaires lost more than $70 billion after the speech of Fed Chairman


August, 29 2022

According to the Forbes Real-Time rating, the richest billionaires in the world lost more than $70... Read More

Powell's speech provoked the growth of the dollar


August, 29 2022

On Monday, the US dollar reached a 20-year high against major currency competitors after the speech... Read More

Economic Calendar | August 29 – September 2


August, 29 2022

Monday, August 29The week will start again with a completely empty macroeconomic calendar. However,... Read More

The energy crisis may entail billions of dollars of investment in LNG


August, 26 2022

Analysts note that the main feature of the current global energy crisis is the lack of investment... Read More

Macroeconomic events of the day | August 26


August, 26 2022

On Friday, all the attention of the markets is focused on the speech of the head of the US Federal... Read More

Iran can replace Russia in the European oil market


August, 25 2022

Iran's prospects of taking part of Russia's share in the oil market look increasingly realistic,... Read More

US GDP fall by 0.6% in the second quarter


August, 25 2022

According to updated data from the US Department of Commerce, the country's GDP in the second... Read More

The number of applications for unemployment benefits in the United States unexpectedly decreased


August, 25 2022

According to the weekly report of the US Department of Labor, the number of Americans who applied... Read More

Oil rose to $102 per barrel


August, 25 2022

The price of oil on Thursday remains stable after yesterday's rise to the level of $ 102 per... Read More

It will take Germany years to switch to Canadian gas


August, 24 2022

German Chancellor Olaf Scholz said that Germany intends to move away from Russian natural gas as... Read More

Oil reserves in the United States decreased by 3.3 million barrels


August, 24 2022

According to the weekly review of the Energy Information Administration of the US Department of... Read More

JPMorgan: inflation in the US will come to naught by itself


August, 24 2022

Analysts at JPMorgan investment bank believe that inflation will come to naught by itself as the... 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.