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

The main events by the morning: December 24


December, 24 2024

Investors are massively closing their shorts amid the growth of the Moscow Exchange index. The MOEX index has grown by more than 12% over the past two days, which forced investors who bet on its decline to urgently close short positions. Despite the growth, the index remains 13% below the levels of the beginning of the year and 23% below the local maximum recorded in May. A particularly high volume of closing of shorts is observed in the OFZ market.The Central Bank of the Russian Federation warn... Read More

All News

US annual inflation slows to 0.1% in May


June, 10 2020

According to the US Department of Labor, consumer prices in May rose 0.1% on an annualized basis,... Read More

German exports collapsed by a record 31.1% in April


June, 09 2020

According to the Federal Statistical Office of German (Destatis), exports in the country, which is... Read More

Italy's economy will decline in 2020 by 8.3%


June, 08 2020

According to the forecast of the Italian statistical office ISTAT, the country's GDP will fall by... Read More

OPEC+ meeting scheduled for June 6


June, 05 2020

Today it became known that the ministerial meetings of OPEC and OPEC + will be held on the same... Read More

The ECB has added another 600 billion euros to combat the crisis


June, 04 2020

Today, a meeting of the European Central Bank (ECB) and a speech by regulator Christine Lagarde... Read More

Egypt launched an oil well at 123 thousand barrels per month


June, 03 2020

Egypt has commissioned a new well in the Western Desert, capable of producing more than 0.5 million... Read More

NBK requires additional monetary policy measures


June, 02 2020

The Central Bank of China said that the economic damage from the coronavirus pandemic was stronger... Read More

Eurozone PMI index in May turned out to be worse than forecast


June, 01 2020

According to the final assessment of the research organization Markit Economics, the index of... Read More

Italian economy experienced the strongest GDP decline in history in Q1


May, 29 2020

According to the final data of the statistical agency Istat, the Italian economy in the first... Read More

US oil inventories unexpectedly rose 1.5% over the week


May, 28 2020

According to the US Energy Information Administration (IEA), commercial oil reserves in the country... Read More

EC wants to give an additional 11 billion euros to EU countries


May, 27 2020

The European Commission proposes to adjust the multi-year financial plan of the European Union... Read More

Fed ready for policy change


May, 26 2020

The Federal Reserve is ready to move on targeting the yield of treasury bonds – this was the c... Read More

US unemployment may exceed 20% in May


May, 25 2020

White House economic adviser Kevin Hassett said the US unemployment rate could be over 20% in May... Read More

China abandons GDP target in 2020


May, 22 2020

China stated that it does not intend to set an annual target indicator of economic growth this... Read More

Fed noted extreme uncertainty and significant economic risks due to pandemic


May, 21 2020

The publication of the minutes of the April FOMC meeting reflected the call of Fed leaders to... Read More

Eurozone inflation slows to a minimum in April from 2016


May, 20 2020

According to the final data of the Statistical Office of the European Union (Eurostat), consumer... Read More

UK announces new tariff regime after Brexit


May, 19 2020

The UK has announced a new tariff regime after Brexit, which will replace the external tariff of... Read More

Japan slides into worst recession in post-war history


May, 18 2020

The Japanese economy has slipped into recession for the first time in four and a half years in the... Read More

Eurozone economy contracted at record pace in Q1


May, 15 2020

According to the Statistical Office of the European Union (Eurostat), the eurozone economy in the... Read More

UN: pandemic will reduce world production by $ 8.5 trillion


May, 14 2020

According to the forecast of the UN Department of Economic and Social Affairs, the global economy... Read More

UK retail sales slow at record pace in April


May, 13 2020

UK retail sales plummeted last month as coronavirus control measures limited consumer... Read More

China will abolish increased import duties for a new group of American goods


May, 12 2020

China freed another group of American goods from higher import duties, which were introduced at the... Read More

The European Commission expects the second wave of coronavirus


May, 11 2020

The President of the European Commission said that EU countries could face the second wave of the... Read More

Unemployment in the US in April jumped to 14.7% and renewed a maximum since 1940


May, 08 2020

According to the US Department of Labor, unemployment in April updated the record since 1940 and... Read More

Industrial production in Germany in March fell at a record pace


May, 07 2020

According to the German Ministry of Economics and Labor, industrial production in the country fell... Read More

US private sector reduces by 20.236 million


May, 06 2020

According to a US employment report from ADP, a record 20.236 million Americans lost their jobs in... Read More

US stocks rise in hope of global economic recovery


May, 05 2020

According to trading data, the main US indices are growing amid the emergence of prospects for the... Read More

Pandemic and crisis could set Italy's technological development back for 20 years ago


May, 04 2020

Ernesto Ferlenghi, president of Confindustria Russia (Association of Italian Industrialists in... Read More

Baker Hughes announces April 2020 rig counts


May, 01 2020

According to Baker Hughes, an American oil and gas service company, the number of oil and gas... Read More

ECB leaves interest rates unchanged


April, 30 2020

According to the results of the meeting on Thursday, the European Central Bank (ECB) kept the base... 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.