Fx Primus Rebates

U.S. Business Inventories Climb In Line With Estimates In August

With increases in wholesale and retail inventories more than offsetting a modest drop in manufacturing inventories, the Commerce Department released a report on Monday showing U.S. business inventories rose in line with economist estimates in the month of August. The Commerce Department said business inventories rose by 0.5 percent in August after climbing by an…

Fx Primus Rebates

Gold Prices Rise Amid Falling Equities

Gold prices inched higher on Monday to hover near 12-week highs and the dollar took a beating as European and Asian equities continued to slide despite a rebound on Wall Street Friday. Both spot gold and U.S. gold futures were up over 1 percent at $1,230.80 and $1,234.70 an ounce, respectively. Despite the uptrend, gold…

Fx Primus Rebates

Finland Inflation Unchanged In September

Finland’s consumer price inflation was unchanged in September, preliminary data from Statistics Finland showed on Monday. The consumer price index rose 1.3 percent year-on-year in September, same as in August. The CPI moved up 0.2 percent from the previous month. Consumer prices were raised most in September by increases in the prices of petrol, cigarettes,…

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Oil Prices Rise On Saudi Tensions

Oil prices rose sharply on Monday as fresh geopolitical tensions over the disappearance of a prominent Saudi journalist raised worries about reduced oil supply. Brent crude rose by 88 cents or 1.09 percent to $81.31 a barrel after sharp losses last week. U.S. crude futures were up 44 cents or 0.62 percent at $71.78 a…

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Ireland Trade Surplus Narrows Slightly In August

Ireland’s merchandise trade surplus narrowed slightly in August, figures from the Central Statistics Office showed on Monday. The visible trade surplus fell to EUR 3.69 billion from EUR 3.92 billion in July. Exports decreased 3 percent month-on-month and imports fell 2 percent. On a year-on-year basis, exports climbed 20 percent and imports increased 18 percent.…

Fx Primus Rebates

Dollar Remains Weak After Disappointing U.S. Retail Sales

The U.S. dollar remained lower against its most major opponents in the European session on Monday, following the release of a data showing much weaker than expected U.S. retail sales growth for September. Data from the Commerce Department showed that retail sales inched up by 0.1 percent in September, matching the uptick seen in August.…