Fx Primus Rebates

Bulgaria Construction Output Declines In August

Bulgaria’s construction output decreased in August after a modest rebound in the previous month, the National Statistical Institute showed on Tuesday. The construction production index declined 1.1 percent year-on-year after rising by the same rate in July. Output fell in each of the four months prior to that. Building construction shrunk 2.8 percent year-on-year following…

Fx Primus Rebates

Lithuania HICP Inflation Accelerates First Time In 4 Months

Lithuania’s EU measure of inflation accelerated for the first time in four months during September, preliminary data from the Lithuanian Statistical Department showed on Tuesday. The harmonized index of consumer prices, or HICP, rose 2.4 percent year-on-year after a 1.8 percent increase in August. The consumer price index inflation was also 2.4 percent in September.…

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Bulgaria Industrial Production Growth Strengthens

Bulgaria’s industrial production grew at a faster rate in August, led by manufacturing, preliminary data from the National Statistical Institute showed on Tuesday. Industrial production rose 2.3 percent year-on-year after a 0.9 percent increase in July. Output grew for a fourth month running. Manufacturing output increased 5 percent, while mining and quarrying production fell 17.4…

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Gold Inches Higher As Risk Aversion Sets In

Gold prices rose slightly on Tuesday as global equities tumbled on growing concerns over a budget showdown between Italy and the EU as well as fears over a potential slowdown in China’s economic growth. Spot gold was up 0.16 percent at $1,186.28 an ounce after having falling 1.2 percent on Monday, its biggest single-day percentage…

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Oil Prices Rise As US Sanctions Loom

Oil prices were moving higher on Tuesday, as more evidence emerged that crude exports from Iran, OPEC’s third-largest producer, are declining ahead of the U.S. sanctions against the country, kicking in from November 4. Iranian crude exports slipped to 1.1 million bpd in the first seven days of October from 1.6 million bpd in September…

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Pound Drops Amid Former Brexit Minister Steve Baker's Remarks

The pound declined against its major opponents in the European session on Tuesday, following remarks from a Conservative MP suggesting that his Conservative colleagues are ready to vote against Chequers amendments and UK should have courage to “go forward without an agreement.” Speaking to BBC Radio 4’s programme, Conservative MP Steve Baker said that there…