Fx Primus Rebates

Gold Drifts Lower As Dollar Firms Up

Gold fell alongside equity markets on Monday and the dollar extended last week’s gains as investors fretted about rising Treasury yields, a collapse in Chinese growth and a worsening row between Italy and the European Union. Spot gold was down 0.63 percent at $1,193.65 an ounce while U.S. gold futures were down 0.69 percent at…

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Euro Falls On Rising Italian Bond Yields Amid Budget Worries

The euro fell against its major counterparts in early European deals on Monday amid rising Italian bond yields, as the European Commission warned that Italy’s budget plan were a “source of serious concern,” sparking fears of a showdown between Italy and the EC. Last week, the EC has told Italy that it is concerned about…

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UK Economy Stuck In Rut, Says BCC

The UK economy is stuck in a rut due to Brexit uncertainties, according to the quarterly economic survey from British Chambers of Commerce. In the report released Tuesday, the BCC said there is little to be cheerful about as growth flatlines and business confidence weakens in the third quarter. The balance of manufacturing firms reporting…

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Taiwan Exports Rise Modestly In September

Taiwan’s exports rose moderately in September, while imports surged, leading to a reduction in the trade surplus, preliminary data from the Ministry of Finance showed on Monday. Exports grew 2.6 percent year-on-year and imports grew 13.9 percent. The trade surplus decreased by 35 percent from a year ago to US$4.33 billion. Among the leading export…

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U.S. Dollar Higher On Fed Rate Hike Prospectus

The U.S. dollar firmed against its most major rivals in the European session on Monday, as the U.S. 10-year treasury yield remained near 7-year highs following a recent run of strong U.S. economic data that bolstered prospect of further rate hikes by the Federal Reserve. Yields on U.S. 10-year treasury bonds hit a seven-year peak…