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

Russia has started using Bitcoin in foreign trade


December, 25 2024

Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in legislation aimed at circumventing Western sanctions.Economic restrictions have made it difficult to trade with key partners such as China and Turkey, as local banks avoid transactions with Russia for fear of sanctions. In response, Russia allowed the use of cryptocurrencies in international trade and took ste... Read More

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Vietnamese Prime Minister to Sign Deal Worth $17B with America


May, 31 2017

A trade deal between the United States and Vietnam worth $15 billion of goods and services will be... Read More

Manufacturing Activity of China Kept Unchanged in May


May, 31 2017

Based on the data issued on Wednesday, the growth in the manufacturing activity of China was... Read More

US Budget Concerns Casts Doubt on Fed Plans


May, 31 2017

The US Federal Reserve is more than ready to raise its interest rates this coming June, but the... Read More

Asian Markets Weakened as it Traded Sideways


May, 30 2017

The stock markets of Asia were unsteady on Tuesday since investors hovered in the sideline prior... Read More

Germany Negotiate Wages Increased by 2.8 Percent


May, 30 2017

The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Read More

EU in Need of Additional ECB Stimulus, Says Draghi


May, 30 2017

ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Read More

Fast track Economic Recovery of India in the First Quarter


May, 29 2017

The economy of India is considered as the fastest developing major economy globally in the previous... Read More

G-7 Summit Pushes Through Amid Trade and Climate Concerns


May, 29 2017

Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Read More

Drop in Oil prices Discontented Investors in its Low Figure


May, 26 2017

Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Read More

Reserve Bank of South Africa Left Rates on Hold


May, 26 2017

The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Read More

Trump Calls for Investigation Following Manchester Leaks


May, 26 2017

US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Read More

NZ’s Budget Surplus Apportioned to Infrastructures


May, 25 2017

New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Read More

China’s Debt-rating Downgraded by Moody’s to A1 from Aa3


May, 25 2017

The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Read More

FOMC Minutes Signal Interest Rate Hike Next Month


May, 25 2017

Fed officials are now more than ready to raise its short-term interest rates after stating in... Read More

Trump Proposed 45 Percent Cut in Mexico Aid from U.S. Spending


May, 24 2017

On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Read More

U.S. Business Activity had a Slight Recovery, according to Markit


May, 24 2017

Two surveys conducted by American businesses this month and showed that the US economy continued to... Read More

UK Economy Faces Fastest Inflation Growth in 4 Years


May, 24 2017

British people could possibly face a period of living squeeze as the UK consumer prices are now... Read More

Canada And Brazil Set to Increase Oil Production


May, 23 2017

The Organization of the Petroleum Exporting Countries together with its partners are about to... Read More

Debt Relief for Greece Still in Progress, No Deal Yet


May, 23 2017

Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Read More

Food Stamp Program in Peril from Trump’s Tax Cuts


May, 23 2017

The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Read More

Japan Exports Rallied for 5 Months


May, 22 2017

Exports from Japan notably increased for five consecutive months indicating a strong offshore... Read More

New Economic Development Project Proposed by Owasso City


May, 22 2017

During the council held in early May, the staffs of Owasso City made a project proposal for a new... Read More

Extended OPEC Output Cuts Raise Oil Prices


May, 19 2017

The extension of production output cut from big oil producing countries caused the oil prices to... Read More

U.S Labour Market Declined Despite Positive Economic Outlook


May, 19 2017

Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Read More

Congress Rift Might Dampen Trump’s NAFTA Dream


May, 19 2017

The Trump administration has already started the first part of its renegotiations with regards to... Read More

Surge in Exports Uphold First quarter growth in Malaysia


May, 18 2017

The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Read More

Another Hefty Increase on Australian Employment, says ABS


May, 18 2017

The Australian currency was able to enter again the positive grounds followed by an increase in... Read More

White House Mulls Adding Anti-Currency Manipulation Rules to NAFTA


May, 18 2017

The Trump administration has recently informed its senators that it is now considering enforcing... Read More

Australia's Record Low Wage Growth at 1.5%


May, 17 2017

The household debt climbed to an all-time high that affects spending and inflation that moved... Read More

New Fintech Rules will be Imposed by Brazilian Central Bank


May, 17 2017

Brazil’s central bank is interested in implementing regulations to the FinTech sector to provide s... 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.