Fx Primus Rebates

UK Jobless Rate Lowest Since Early 1975

The UK unemployment rate remained at the lowest level seen since early 1975, in three months to August, the Office for National Statistics said Tuesday. The ILO jobless rate came in at 4 percent, in line with expectations. The number of unemployed decreased by 47,000 from the previous quarter to 1.36 million. At the same…

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Hungary Central Bank Keeps Key Rate Unchanged

Hungary’s central bank left its benchmark interest rates unchanged on Tuesday, in line with economists’ expectations. The Monetary Council of the Magyar Nemzeti Bank decided to hold the base rate steady at 0.90 percent. The previous change in the rate was a 15 basis points reduction in May 2016. The overnight central bank deposit rate…

Fx Primus Rebates

Gold Prices Climb On Safe-haven Demand

Gold prices rose on Tuesday despite the U.S. dollar edging higher on firmer Treasury yields. Amid recent geopolitical turmoil and market fluctuations, it appears that the previous metal is regaining some of its safe haven lure. Spot gold was up nearly 1 percent at $1,229.64 an ounce after having touched as high as $1,233.26 on…

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Dollar Little Changed After NAHB Housing Market Index

U.S. NAHB Housing Market Index for October has been released at 10.00 am ET Tuesday. Following the data, the greenback changed little against its major counterparts. The greenback was trading at 1.3219 against the pound, 1.1598 against the euro, 0.9889 against the franc and 112.15 against the yen around 10:01 am ET. The material has…

Fx Primus Rebates

Oil Prices Fall After Trump’s ‘rogue Killers’ Comment

Oil prices fell on Tuesday, a day after U.S. President Donald Trump suggested that “rogue killers” could be responsible for the disappearance and presumed murder of Saudi journalist Jamal Khashoggi, who hasn’t been seen since entering the Istanbul consulate on October 2. Coming after a 20-minute phone call with Saudi Arabia’s King Salman, Trump’s comments…