Economic 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.

Latest Economic News

OPEC+ ministerial meeting outcomes


March, 05 2021

On Friday, Brent crude rose to $68.60 for the first time since January 2020. The prices were supported by the results of the meeting of the ministers of the OPEC+ countries, according to which the organization unexpectedly refused to increase oil production in April by 500 thousand barrels per day. Moreover, Saudi Arabia extended its own voluntary restrictions of 1 million bpd for another month, promising to return these volumes to the market when it sees fit.Russia and Kazakhstan again received... Read More

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Construction of Nord Stream 2 postponed until September


March, 04 2021

The construction of the Russian gas pipeline Nord Stream 2 was again postponed, this time for six... Read More

Gold falls in price on lower demand for «safe-haven» assets


March, 03 2021

On Wednesday, the price of gold declines against the background of investors leaving defensive... Read More

China's financial regulator announced a «bubble» in global stock markets


March, 02 2021

The China Banking and Insurance Supervision and Control Committee (CBIRC) said the rally in the US... Read More

Cardano takes the lead in cryptocurrency rally


March, 01 2021

Cryptocurrency Cardano last week renewed all-time highs and came in third after Bitcoin and... Read More

Germany has announced four options for the future «Nord Stream 2»


February, 26 2021

The German authorities have proposed four options for the future of the «Nord Stream 2» project in o... Read More

US stock exchanges decline after the release of statistics on the GDP


February, 25 2021

US stock exchanges are falling on Thursday after the release of statistics on GDP and the labor... Read More

German GDP in the IV quarter grew by 0.3%


February, 24 2021

According to the final data of the Federal Statistical Office of Germany, the country's GDP in the... Read More

Poland and Ukraine call on the US to «end» the construction of the Nord Stream-2


February, 22 2021

Foreign Ministers of Poland and Ukraine Zbigniew Rau and Dmitry Kuleba called on US President Joe... Read More

Bitcoin capitalization approached $1 trillion


February, 19 2021

The bitcoin rate continues to update historical highs, and the cryptocurrency capitalization is... Read More

The number of applications for unemployment benefits in the US rose worse than expected


February, 18 2021

According to the US Department of Labor, the number of initial claims for unemployment benefits for... Read More

Elon Musk's SpaceX raised $850 million


February, 17 2021

Last week, space company SpaceX, owned by Tesla CEO Elon Musk, raised $850 million in new funds,... Read More

Oil market dynamics


February, 16 2021

On Tuesday, the oil market demonstrates multidirectional dynamics: Brent quotes fluctuate in the... Read More

US Senate acquits Trump at impeachment trial


February, 15 2021

The Senate of the US Congress, during its meeting, acquitted former President Donald Trump in the... Read More

Oil continues to break records


February, 10 2021

Oil continues to break records, reaching $61.50 a barrel. Brent rose in price for the ninth session... Read More

Elon Musk once again contributed to the historical growth of bitcoin


February, 09 2021

The cost of bitcoin for the first time exceeded the $48 thousand mark today. The rapid growth was... Read More

Oil market hits annual high


February, 05 2021

The oil market continues its bullish rally, reaching $59.70 per barrel. The last time the quotes... Read More

The number of applications for unemployment benefits in the United States for the week fell by 33 thousand


February, 04 2021

According to the US Department of Labor, the number of initial applications for unemployment... Read More

The number of jobs in the private sector in the United States in January grew better than expected


February, 03 2021

According to a press release from the analytical company Automatic Data Processing (ADP), the... Read More

Silver prices skyrocket to 8-year highs


February, 01 2021

Silver prices have jumped 16% over the past three trading sessions. The current quotation of the... Read More

Bitcoin rose after Elon Musk's tweet


January, 29 2021

According to the trading data, the growth of bitcoin on Friday accelerated sharply, exceeding the... Read More

Biden considers Nord Stream-2 a bad deal for Europe


January, 27 2021

US President Joe Biden said that he considers the Nord Stream 2 gas pipeline project a bad deal for... Read More

The oil market has good growth potential


January, 26 2021

Oil prices continued to rise on Tuesday: Brent has reached $56 per barrel, WTI – $53,25. At the s... Read More

Negative statistics from Germany dropped the euro


January, 25 2021

The euro rate, which showed growth in tandem with its main opponent, went down after the release of... Read More

ECB expectedly kept the base rate at zero level


January, 21 2021

The Board of Governors of the European Central Bank (ECB) at its meeting today kept the base... Read More

Joe Biden takes over as President of the United States


January, 20 2021

Today is a very important day for the United States of America – the inauguration of the new P... Read More

Important macroeconomic publications of the day


January, 19 2021

Macroeconomic calendar on Tuesday does not differ in the variety of publications, however,... Read More

German economy faces significant decline if restrictions are extended


January, 18 2021

The Bundesbank said today that the German economy still manages to stay afloat, but it could also... Read More

German economy shrank by only 5% in 2020


January, 15 2021

According to preliminary data from the German Federal Statistical Office, the country's economy... Read More

The yield on Italian government bonds rises due to political chaos in Rome


January, 14 2021

The yield spread on Italian and German 10-year government bonds reached its highest level in a... Read More

Bitcoin shows worst dynamics since March 2020


January, 13 2021

On Wednesday, the most popular cryptocurrency drops in price, showing the worst trading dynamics... Read More

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Risk Warning:
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.