Economy News


Norway Government Trims 2026 non-Oil GDP Forecast

Norway Government Trims 2026 non-Oil GDP Forecast

Norway's Labour Party government said on Monday ​it had cut its economic growth projections ‌for 2026, as it began work on making a fiscal budget for next year. The government predicted ​non-oil GDP, a key indicator of ​economic activity, will increase by 1.8% in ⁠2026 against a for...


March 9, 2026
Europe's Struggling Retail Sector Looks Ill-Prepared for new Energy Price Shock
Europe's Struggling Retail Sector Looks Ill-Prepared for new Energy Price Shock

A surge in ​energy prices since the start of the U.S.-Israeli war on Iran piles further pressure on the retail sector ‌in Europe,...

Germany's Industry Makes Unexpectedly Weak Start to 2026
Germany's Industry Makes Unexpectedly Weak Start to 2026

Germany's industry got off ​to a surprisingly weak start in January, with orders falling more than ‌forecast and output unexpectedly...

Euro Zone Investor Morale Falls in Mar, Iran War Casts Doubt on EU Recovery
Euro Zone Investor Morale Falls in Mar, Iran War Casts Doubt on EU Recovery

The Sentix index measuring investor morale in the euro zone fell in March, ​a survey showed on Monday, citing ‌the initial impact of the...

Pound Slumps, Oil's Surge to $120 on Iran War Rocks Markets
Pound Slumps, Oil's Surge to $120 on Iran War Rocks Markets

The pound tumbled on Monday as investors rushed to the safety of the U.S. dollar and ditched the currencies of countries most exposed to rising...

Japan Considering Steps to Cushion Economy from Iran Conflict, PM Takaichi
Japan Considering Steps to Cushion Economy from Iran Conflict, PM Takaichi

Japan will consider steps ‌to cushion the economic blow from rising fuel costs caused by the conflict in the Middle East including curbing...

India's Finished Steel Exports Jump 36.6% in April-February
India's Finished Steel Exports Jump 36.6% in April-February

India's finished steel ​exports climbed 36.6% year-on-year ‌to 6.02 million metric tons in the first 11 ​months of the ​financial year,...

Japan Real Wages Grow for 1st Time in 13 mths, Boosting BOJ Hike Case
Japan Real Wages Grow for 1st Time in 13 mths, Boosting BOJ Hike Case

Japan's real wages climbed in January for the first time in 13 months as inflation cooled, with base salaries growing at their fastest pace in...

March 6, 2026
US Business Inventories Nudge Up in December
US Business Inventories Nudge Up in December

U.S. business inventories edged up in December amid a rebound in ​stocks at retailers, government data showed on ‌Friday. Inventories...

US Economy Unexpectedly Loses Jobs in Feb; Unemployment Rate Rises to 4.4%
US Economy Unexpectedly Loses Jobs in Feb; Unemployment Rate Rises to 4.4%

The U.S. economy unexpectedly shed jobs in February and the unemployment rate increased to 4.4%, potentially hinting at a deterioration in labor...

UK House Prices Rise but Inflation Fears cloud Outlook
UK House Prices Rise but Inflation Fears cloud Outlook

British house prices rose ​in February at the fastest pace since October, data showed on Friday, but lenders raised their mortgage rates ‌over...

Asia Struggles to Find Fuel Oil as Middle East Exports Plummet, Sources
Asia Struggles to Find Fuel Oil as Middle East Exports Plummet, Sources

Fuel oil traders in Asia are struggling to secure alternative ​supply as the Iran war curtails shipments from key Middle Eastern...

US Weighs Oil Futures Market Action to Combat Price Spikes, White House Official
US Weighs Oil Futures Market Action to Combat Price Spikes, White House Official

The U.S. Treasury Department is expected to announce measures ​as soon as Thursday aimed at combating rising energy prices in the wake of...

US Mulls new Rules for AI Chip Exports, Including Requiring US Investments by Foreign Firms
US Mulls new Rules for AI Chip Exports, Including Requiring US Investments by Foreign Firms

U.S. officials are debating a ​new regulatory framework for exporting artificial intelligence chips and are considering requiring foreign nations...

China in Talks with Iran to allow Safe Oil and Gas Passage Through Hormuz, Sources
China in Talks with Iran to allow Safe Oil and Gas Passage Through Hormuz, Sources

China is in talks with Iran to allow crude oil and Qatari liquefied natural gas vessels safe passage through the Strait of Hormuz ​as the...

China, India Lead Car Exports Worth Billions of Dollars to Middle East
China, India Lead Car Exports Worth Billions of Dollars to Middle East

The U.S.-Israel war with Iran, which entered its seventh day on Friday, threatens to disrupt the shipment of vehicles from Asia to...

Taiwan's Foxconn says Everyone will Feel Impact of Prolonged Iran Conflict
Taiwan's Foxconn says Everyone will Feel Impact of Prolonged Iran Conflict

Everyone will feel the impact on prices of oil and raw materials if the ​U.S. and Israeli conflict with Iran drags on, the chairman ‌of...

March 5, 2026
US Labor Market Holding Steady; Worker Productivity Still Strong in Q4
US Labor Market Holding Steady; Worker Productivity Still Strong in Q4

The number of Americans filing new applications for unemployment benefits was unchanged last week and layoffs dropped sharply in February,...

US Productivity Slows in Fourth Quarter
US Productivity Slows in Fourth Quarter

U.S. worker productivity slowed in the fourth quarter, but the trend remained solid, keeping growth in labor ​costs in check. Nonfarm...

Higher Capital Goods Prices lift US imported inflation in Jan
Higher Capital Goods Prices lift US imported inflation in Jan

U.S. import prices increased in January as a decline in the cost of energy products was more than offset by a surge in capital goods prices,...

ECB Accounts Show Growing Inflation Undershoot Worries before Iran War
ECB Accounts Show Growing Inflation Undershoot Worries before Iran War

European Central Bank policymakers expected inflation to fall even further below target before conflict in the Middle East pushed oil prices...

Mike Ashley's Frasers Takes near 6% Stake in Struggling Sportswear Brand Puma
Mike Ashley's Frasers Takes near 6% Stake in Struggling Sportswear Brand Puma

Billionaire Mike Ashley's Frasers has become the second-largest shareholder in sportswear brand ​Puma after taking a near 6% stake in...

German Bonds Slip from most Favoured Havens in Safety Dash
German Bonds Slip from most Favoured Havens in Safety Dash

German government bonds are facing stiffer competition for investor cash from other traditional havens such as gold than they have for years, as...

British Homebuilder Taylor Wimpey Warns on Profit as Mmargin Pressures Deepen
British Homebuilder Taylor Wimpey Warns on Profit as Mmargin Pressures Deepen

British homebuilder Taylor Wimpey warned on Thursday that profits would fall this year as build cost inflation and softer pricing squeezed...

U.S. Commercial Property Turmoil Weighs on German Banks
U.S. Commercial Property Turmoil Weighs on German Banks

Two of Germany's top property banks reported weaker ​financial results for 2025, citing troubles in the ‌United States' commercial...

China to Inject $44B into State Banks, Boost Tech Financing
China to Inject $44B into State Banks, Boost Tech Financing

China said on Thursday ​it would inject 300 billion yuan ($44 billion) into state-owned banks this year to guard against systemic risks, and boost...

India Feb Retail Auto Sales Surge 25% on Lingering Tax-Cut Boost, Seasonal Demand
India Feb Retail Auto Sales Surge 25% on Lingering Tax-Cut Boost, Seasonal Demand

India's retail vehicle sales jumped 25.6% ​in February, as last year's tax cuts and a ‌pick-up in weddings drove demand for...

India's CB Revives Heavy pre-Market Intervention to Rescue Oil-Hit Rupee
India's CB Revives Heavy pre-Market Intervention to Rescue Oil-Hit Rupee

India's central bank on Thursday reverted to a strategy it has used before to support the rupee, forcefully intervening before ​the local spot...

S.Korean Retail Investors Panic, World-Beating Stock Gains Vanish
S.Korean Retail Investors Panic, World-Beating Stock Gains Vanish

As South Korea's benchmark KOSPI stock index dived more than 12% to its worst-ever sell-off ‌on Wednesday, a district known as the Korean...

March 4, 2026
US Services Sector Hits 3-1/2-yr High, Risks Loom from Middle East War
US Services Sector Hits 3-1/2-yr High, Risks Loom from Middle East War

The U.S. services sector activity surged to more than a 3-1/2-year high in February amid strong demand, consistent with hopes for an acceleration...

US and Britain Split over Crypto Collaboration, Sources Say
US and Britain Split over Crypto Collaboration, Sources Say

British and U.S. regulators are divided over how to ​test blockchain-based versions of financial securities, with Britain pushing for a more...

Switzerland Picks new Bank Note Designs for 2030s
Switzerland Picks new Bank Note Designs for 2030s

The Swiss National Bank on Wednesday unveiled the winning designers for its next ​bank note series, which includes one ‌of the world's...

US Private Payrolls Post Largest Increase in 7 Months in Feb
US Private Payrolls Post Largest Increase in 7 Months in Feb

U.S. private payrolls increased by the most in seven months in February, though data for the prior month was ​revised sharply lower, the ADP's...

Venezuela's Economy Grows more than 7% in Q4, Central Bank
Venezuela's Economy Grows more than 7% in Q4, Central Bank

Venezuela's economy grew 7.07% ​in the fourth quarter from a ‌year earlier, the central bank said on Wednesday, reporting a 19th...

Australian State Plans to Give Employees Legal Right to Work from Home
Australian State Plans to Give Employees Legal Right to Work from Home

The Australian state of Victoria said on ​Wednesday it will launch legislation ‌to give employees the legal right to work from home two days...

US Banks on High Alert for Cyberattacks as Iran War Escalates
US Banks on High Alert for Cyberattacks as Iran War Escalates

The U.S. financial services industry is on heightened ​alert for potential cyberattacks amid the unfolding U.S. war in Iran, with firms...

March 3, 2026
UK Finance Minister Reeves Gives Budget Update Speech
UK Finance Minister Reeves Gives Budget Update Speech

British finance minister Rachel Reeves said fresh forecasts showed inflation and borrowing would be lower than previously thought by Britain's...

UK Inflation Seen at 2.3% in 2026, Reeves Says
UK Inflation Seen at 2.3% in 2026, Reeves Says

British consumer price inflation is set to average 2.3% ​in 2026, according to estimates ‌from the Office for Budget Responsibility, finance...

Stablecoin Use Could Weaken ECB's Hand, Hamper Lenders, ECB Paper Finds
Stablecoin Use Could Weaken ECB's Hand, Hamper Lenders, ECB Paper Finds

The spread of stablecoins in the euro zone could weaken the effectiveness of monetary policy, siphon deposits away from banks and reduce lending...

Euro Zone Inflation Jumps, Faces Quick Hit from Surging Oil Price
Euro Zone Inflation Jumps, Faces Quick Hit from Surging Oil Price

Euro zone inflation surged unexpectedly ​last month and may rise further in the coming months if war in the Middle East keeps energy prices high,...

S.Korea Factory Activity Expands for 3rd mth on Output Jump, PMI
S.Korea Factory Activity Expands for 3rd mth on Output Jump, PMI

South Korea's factory activity expanded for a third straight month in February, as output increased at the fastest pace in ​one-and-a-half...

China Poised to Trim Growth Ambitions, Pursue Timid Rebalancing Efforts
China Poised to Trim Growth Ambitions, Pursue Timid Rebalancing Efforts

China’s annual parliament meeting is expected to show tolerance for slightly slower economic growth this year, opening the door for greater,...

Key Economic Targets to Watch at China's Parliament Meeting
Key Economic Targets to Watch at China's Parliament Meeting

China's Premier Li Qiang is expected to announce the country's main economic targets for 2026 at an annual parliamentary meeting which...


The economy as a key factor in currency and stock trading

The economy is one of the key factors in the degree of the influence on the currency market. Such economic indicators as gross domestic product, consumer indices, indices of industrial production, inflation and the labor market are very important for the traders in the analysis and the construction of their trading strategies.

Follow the news of the world economy for successful trading

Understanding of the formation of economic indicators provides an opportunity for participants in the Forex market to conduct a more efficient trade. Publications of economic news have a direct impact on the exchange rate and on the income of traders, that is why everything that happens in the world economy must be carefully taken into account by traders in their trading plans.

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