Fx Primus Rebates

Brent Oil Climbs Back Above $80 A Barrel

Brent crude oil prices climbed back above $80 a barrel on Monday as investor focus returned to impending U.S sanctions against Iran. Traders expect supply to tighten once U.S. sanctions against Iran’s crude exports take effect on November 4. Global benchmark Brent crude oil traded up by 22 cents or 0.28 percent at $80.10 a…

Fx Primus Rebates

Pound Slides Against Majors

The pound drifted lower against its major counterparts in the European session on Monday. The pound fell to more than a 2-week low of 0.8835 against the euro, off its early high of 0.8804. The pound dropped to 1.2988 against the franc and 1.3021 against the dollar, from its previous highs of 1.3035 and 1.3090,…

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Greece Current Account Surplus Declines In August

Greece’s current account surplus decreased in August on widening shortfall in primary income, the Bank of Greece reported Monday. The current account surplus fell to EUR 1.5 billion from EUR 1.8 billion in the previous year. The deficit of the balance of goods increased marginally to EUR 1.69 billion and the surplus of the balance…

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Ireland Wholesale Prices Fall Most In 4 Months

Ireland’s wholesale prices declined at the fastest pace in four months in September, the Central Statistics Office reported Monday. Wholesale prices fell 2.6 percent annually in September, following a 0.9 percent drop in August. This was the biggest fall since May, when prices were down 3.3 percent. On a monthly basis, wholesale prices decreased 2.3…

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Gold Prices Hold Steady In Cautious Trade

Gold held steady on Friday, but remained on track to post its third straight weekly gain as investors grapple with a plethora of issues affecting global growth. Spot gold rose marginally to $1,227.15 an ounce and was on track to post a 0.7 percent gain for the week. U.S. gold futures were virtually unchanged at…

Fx Primus Rebates

Oil Prices Rebound As Iran Sanctions Loom

Oil prices recovered some lost ground on Friday as investors shifted their focus back to the impending U.S. sanctions on Iran’s oil exports, which will come into force on November 4. Global benchmark Brent crude oil climbed 83 cents or 1.05 percent to $80.12 a barrel while U.S. West Texas Intermediate (WTI) crude futures were…