Fx Primus Rebates

Germany Construction Sector Shrinks First Time In 7 Months

German construction activity declined for the first time since March during October, survey data from IHS Markit showed on Wednesday. The construction Purchasing Managers’ Index fell to 49.8 from 50.2 in September. A score below 50 suggests contraction in the sector. “Though only marginal, October’s decrease in activity was notable in the fact that, unlike…

Fx Primus Rebates

China's Exports, Imports Rise More Than Forecast

China’s exports and imports increased more-than-expected in October, official data showed Thursday. Exports grew 15.6 percent annually, the General Administration of Customs reported. Economists had forecast an increase of 11.7 percent. At the same time, imports surged 21.4 percent compared to the forecast of 14.7 percent. As a result, the trade surplus came in at…

Fx Primus Rebates

Dollar Little Changed After Recovering From Early Weakness

The dollar got off to a weak start against its major rivals Wednesday, but has since staged a bit of a recovery. The currency is turning in a mixed performance this afternoon, but remains little changed overall. The early weakness was due to the results of yesterday’s midterm elections. As expected, the Democrats regained control…

Fx Primus Rebates

Thirty-Year Bond Auction Attracts Below Average Demand

Finishing off this week’s series of long-term securities auctions, the Treasury Department sold $19 billion worth of thirty-year bonds on Wednesday, attracting below average demand. The thirty-year bond auction drew a high yield of 3.418 percent and a bid-to-cover ratio of 2.06. Last month, the Treasury sold $15 billion worth of thirty-year bonds, drawing a…