Fx Primus Rebates

Oil Futures End Modestly Higher, But Post 3rd Weekly Loss

Crude oil prices rebounded after early weakness and settled modestly higher on Friday, but still posted a third weekly loss amid speculation the market could well be heading into oversupply in the fourth quarter. Despite the upcoming sanctions on Iranian oil, supply may not be hit as Saudi Arabia has assured that it would strive…

Fx Primus Rebates

Treasuries Move Notably Higher Amid Pullback On Wall Street

Following the modest pullback seen in the previous session, treasuries showed a strong move back to the upside during trading on Friday. Bond prices moved notably higher early in the day and remained firmly positive throughout the session. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, slid…

Fx Primus Rebates

Dollar Trading Lower Heading Into The Weekend

The dollar is losing ground against its major rivals Friday afternoon. Early gains against its major European rivals have turned to losses heading into the weekend. Better than expected U.S. GDP data provided an early boost to the currency. Economic growth in the U.S. slowed in the third quarter, according to a report released by…

Fx Primus Rebates

Gold Settles Modestly Higher

Gold futures moved higher on Friday and recorded their fourth successive weekly gain, as falling equities prompted investors to seek the safe haven asset. With worries about trade war and its likely impact on global economic growth rising by the day, and geopolitical concerns, falling corporate earnings and Italian budgetary woes further denting sentiment, stock…

Fx Primus Rebates

Japan Retail Sales Data Due On Monday

Japan will on Monday release retail sales figures for September, highlighting a light day for Asia-Pacific economic activity. In August, retail sales were up 2.7 percent on year and a seasonally adjusted 0.9 percent on month. Sales from large retailers were down an annual 0.1 percent. Singapore will provide September numbers for producer prices; in…