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

Saudi Arabia is changing priorities: minerals instead of oil


January, 16 2025

Saudi Arabia's Energy Minister Abdulaziz bin Salman said that oil has lost its importance as the main element of energy security, giving way to critically important minerals. He noted that gas, electricity and rare materials are becoming new strategic resources. Minerals such as lithium, cobalt, nickel, graphite and manganese play a special role. These rare earths are vital for the production of electric vehicles, batteries, renewable energy technologies, and computers. Today, China control... Read More

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Inflation in Germany accelerated to 2.8%


January, 16 2025

Inflation in Germany in December 2024, calculated according to EU standards, was 2.8% year-on-year,... Read More