Fx Primus Rebates

Oil Prices Rise On Talk Of OPEC Output Cuts

Oil prices rose on Thursday after OPEC signaled it could cut output in 2019 amid concerns over rising oil inventories and economic uncertainty. Benchmark Brent crude oil for January delivery rose by 49 cents or 0.68 percent to $72.56 a barrel, while U.S. West Texas Intermediate (WTI) crude futures were up half a percent at…

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EU Says Eurozone Growth To Decelerate Over Next 2 Years

Economic growth in the euro area will decelerate over the next two years, in line with a further slowing momentum of foreign trade, the European Commission said in its Autumn forecast, published Thursday. In the near term, economic growth is expected to continue at about the same pace as in the first half of the…

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France Trade Deficit Narrows In September

France’s merchandise trade deficit modestly narrowed in September from the previous month, figures from the French Customs Office showed on Thursday. The trade deficit fell to EUR 5.663 billion from EUR 5.701 billion in August. Economists had forecast a shortfall of EUR 5.83 billion. The deficit was EUR 4.884 billion a year ago. Exports decreased…

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Hungary Inflation At 6-year High

Hungary’s consumer price inflation accelerated further in October to its highest level in almost six years, preliminary data from the Hungarian Central Statistical Office showed on Thursday. The consumer price index rose 3.8 percent year-on-year following a 3.6 percent increase in September. Economists had expected the rate to remain unchanged at 3.6 percent. The importance…

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U.S. Dollar Climbs Ahead Of Fed Decision

The U.S. dollar strengthened against its major counterparts in the European session on Thursday, as investors await the Federal Reserve’s interest rate decision for more clues about its rate hike plans for this year and next. The decision is due at 2:00 pm ET. Economists forecast the interest rate to remain unchanged in the range…