Fx Primus Rebates

Gold Hits Over Two-week Low As Dollar Firms Up

Gold prices fell on Wednesday to hit over two-week lows as global equities rebounded and the dollar rose to its highest levels in more than a year on the back of upbeat U.S. consumer confidence data released overnight. Spot gold eased 0.41 percent to trade at $1,217.56 an ounce, after having touched its lowest level…

Fx Primus Rebates

France Inflation Unchanged In October

France’s consumer price inflation was steady in October, after easing in the previous month, preliminary data from the statistical office INSEE showed on Wednesday. The consumer price index rose 2.2 percent year-on-year, same as in September. Economists had forecast a modest acceleration to 2.3 percent. The stability in inflation should come from an acceleration in…

Fx Primus Rebates

Spain's GDP Logs Steady Growth In Q3

Spain’s economy logged a steady growth in the third quarter, flash data from the statistical office INE revealed Wednesday. Gross domestic product expanded 0.6 percent sequentially, the same pace of growth as seen in the first and second quarters of 2018. Likewise, annual growth remained unchanged at 2.5 percent in the third quarter. The breakdown…

Fx Primus Rebates

Oil Rises For First Time In Three Sessions

Oil rose for the first time in three sessions on Wednesday, but remained on track for a monthly drop of nearly 9 percent, marking its biggest monthly drop since 2016 on concerns about rising supply and worries over slowing economic growth. Global benchmark Brent crude futures rose 47 cents or 0.62 percent to $76.38 a…

Fx Primus Rebates

Japan Housing Starts Decline More Than Expected In September

Japan’s housing starts decreased in September, after rising in the previous month, at a faster than expected pace, figures from the Ministry of Land, Infrastructure, Transport and Tourism showed on Wednesday. The number of new dwelling starts dropped 1.5 percent year-on-year following a 1.6 percent increase in August. Economists had forecast a 0.6 percent fall.…

Fx Primus Rebates

Loonie Advances After Canada GDP Data

At 8:30 am ET Wednesday, Statistics Canada has released Canada GDP data for August. Following the data, the loonie climbed against its major counterparts. The loonie was trading at 86.34 against the yen, 0.9304 against the aussie, 1.4867 against the euro and 1.3116 against the greenback around 8:31 am ET. The material has been provided…