Fx Primus Rebates

Oil Futures Settle Higher For 2nd Straight Day

After falling to 2-month lows a couple of sessions ago, crude oil prices edged higher on Thursday, extending previous session’s modest rise, thanks to a rebound in stock markets and on OPEC’s signal that it might cut oil production again. According to Reuters, Saudi OPEC governor Adeeb Al-Aama said the oil market could shift into…

Fx Primus Rebates

Treasuries Give Back Ground Amid Rebound On Wall Street

Treasuries saw modest weakness during trading on Thursday, giving back some ground after moving notably higher over the course of the two previous sessions. Bond prices moved to the downside early in the session and remained stuck in negative territory throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of…

Fx Primus Rebates

Dollar Gaining Ground After ECB Announcement

The dollar is rising against all of its major rivals Thursday afternoon. Traders are reacting to some better than expected U.S. economic data this morning and the policy statement from the European Central Bank. After reporting a slight drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a…

Fx Primus Rebates

Gold Futures Settle Slightly Higher

Gold prices moved up on Thursday, with investors picking up the safe haven asset, after stock prices plummeted on Wall Street on Wednesday. The fall, the biggest in a single-session for Wall Street in about seven years, resulted in the market giving up the entire gains it had recorded in the current calendar year. Mounting…

Fx Primus Rebates

Austria Production Growth Slows Sharply In August

Austria’s production index, which combines industry and construction, rose at a much slower annual pace in August, figures from Statistics Austria showed Thursday. The production index rose 2.8 percent year-on-year following a revised 5 percent increase in July, which was originally reported as a 4.8 percent rise. Industrial output expanded 2.2 percent from the same…