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

Bitcoin heads for its first losing month of the year

May, 31 2023

The cost of bitcoin is declining on Wednesday by about 3%, reaching the level of $26,885 at the moment. Moreover, by the end of May, the cryptocurrency may be in the red, which will be the first monthly decline this year.Since the beginning of the month, according to the Binance exchange, bitcoin has fallen in value by about 8%. The last time the digital currency showed a decline at the end of the month was in December last year.Experts note that the cryptocurrency is becoming less attractive to... Read More

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Inflation in Germany in May slowed to the lowest since February 2022

May, 31 2023

According to preliminary data from the German Federal Statistical Office, consumer prices... Read More

Brent oil fell below $72 per barrel

May, 31 2023

The price of oil continues to decline on Wednesday: Brent quotes today broke down the level of $72... Read More

Elon Musk plans to expand business in China

May, 30 2023

Chinese Foreign Minister Qin Gang held a meeting with Tesla Inc CEO Elon Musk in Beijing. They... Read More

Food inflation in the UK has fallen for the first time in two years

May, 30 2023

According to the British Retail Consortium (BRC), food inflation in Great Britain fell for the... Read More

Brent crude jumped to $77.8 thanks to a deal on US government debt

May, 29 2023

On Monday morning, the price of oil jumped to the level of $77.83 per barrel after the news that US... Read More

The US reached an agreement on the debt ceiling

May, 29 2023

The Speaker of the House of Representatives of the US Congress, Republican Kevin McCarthy,... Read More