Fx Primus Rebates

Euro Little Changed After German CPI

At 9.00 am ET Tuesday, Germany’s flash consumer price data for October has been released. Following the data, the euro changed little against its major counterparts. The euro was trading at 1.1372 against the greenback, 128.29 against the yen, 1.1382 against the franc and 0.8912 against the pound around 9:05 am ET. The material has…

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Euro Slides As Eurozone Growth Slows, Economic Sentiment Worsens

The euro weakened against its key counterparts in the European session on Tuesday, as reports showing a deterioration in economic confidence in October and a slowdown in economic growth in the third quarter triggered fears that the euro area economy is faltering. Preliminary flash estimate from Eurostat showed that gross domestic product expanded only 0.2…

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South Africa Unemployment Rate Rises In Q3

South Africa’s unemployment rate climbed for a second quarter running in the three months to September, figures from Statistics South Africa showed on Tuesday. The unemployment rate rose to 27.5 percent from 27.2 percent in the second quarter and 26.7 percent in each of the two quarters before that, the latest Quarterly Labor Force Survey…

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Lithuania Economy Shrinks In Q3

Lithuania’s economy shrunk in the third quarter of the year, a flash estimate from the Lithuanian Statistical Department on Tuesday. Gross domestic product decreased a seasonally and working-day adjusted 0.4 percent from the second quarter, when the economy expanded 0.9 percent. On a year-on-year basis, GDP rose 2.7 percent in the three months to September…

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U.S. Consumer Confidence Index Rises To 18-Year High In October

A report released by the Conference Board on Tuesday showed a continued increase in U.S. consumer confidence in the month of October. The Conference Board said its consumer confidence index rose to 137.9 in October from a downwardly revised 135.3 in September. Economists had expected the consumer confidence index to drop to 136.3 from the…

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Bulgaria Producer Prices Rise In September

Bulgaria’s producer prices rose in September, led by the increase in prices in the utility sector, figures from the National Statistical Institute showed on Tuesday. The producer price index in industry rose 3.7 percent year-on-year with those for the electricity, gas, steam and air conditioning supply climbing 4.2 percent. Producer prices for the manufacturing sector…

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U.S. Dollar Higher On US-China Trade War Fears

The U.S. dollar was higher against its major counterparts in the European session on Tuesday, as investors fret over the impact of U.S.-China trade war, following a media report that the Trump administration is preparing tariffs on all remaining Chinese imports, which could be implemented as early as December. The Bloomberg reported on Monday that…

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UK Retail Sales Growth Slows After Summer: CBI

British retail sales growth eased noticeably in October after four straight months of firm sales growth during the summer, the latest Distributive Trades Survey from the Confederation of British Industry showed Tuesday. The retail sales balance fell to +5 percent in October. Nonetheless, retailers expect sales growth to pick-up next month, with the balance at…