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

Oil is declining after yesterday's strong growth

March, 24 2023

On Friday, oil prices started to decline sharply after yesterday's rise to the level of $77.25 per barrel. The current quote of Brent oil is $73.10, the cost of North American WTI oil is located near the level of $67.20 per barrel. Analysts note that the oil market reacted with a decline to the willingness of the Federal Reserve System to further raise interest rates. Investors fear that this could lead to a recession in the American economy. Additional pressure on prices was exerted b... Read More

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The hype around ChatGPT provoked the phenomenal growth of Nvidia

March, 24 2023

Despite the recent turmoil in the banking sector, the manufacturer of Nvidia chips was able to... Read More

The Fed raised the rate to the highest since 2007

March, 23 2023

The US Federal Reserve System (FRS) has raised the key rate by 25 basis points, to 4.75-5% per... Read More

Analysts summed up the results of Xi Jinping's visit to Russia

March, 22 2023

After the visit of Chinese President Xi Jinping to Russia on March 20, we can safely say that... Read More

UK inflation accelerated to 10.4% contrary to forecasts

March, 22 2023

According to the National Statistical Office of the UK, inflation in the country accelerated to... Read More

Lagarde: there are no signs of slowing inflation in the eurozone yet

March, 22 2023

The head of the European Central Bank, Christine Lagarde, said during her speech in Frankfurt that... Read More

The pound fell before the meeting of the Bank of England

March, 21 2023

On Tuesday, the British pound showed a decline in a pair with the US dollar amid a decrease in the... Read More