Fx Primus Rebates

Treasuries Manage To Sustain Recovery Attempt

After ending the previous session nearly flat after failing to sustain an early upward move, treasuries showed another rebound attempt during trading on Friday. Bond prices gave back some ground after an early advanced but managed to remain in positive territory this time. Subsequently, the yield on the benchmark ten-year note, which moves opposite of…

Fx Primus Rebates

UK Economy Cools Further In November

UK economic growth eased further in the three months to November with the pace of expansion slowing to a six-month low, driven by the weak performance in manufacturing, as activity was damped by uncertainties linked mainly to global trade and Brexit. Growth in the gross domestic product slowed to 0.3 percent from 0.4 percent in…

Fx Primus Rebates

Oil Futures Snap 9-day Winning Streak, Settle Sharply Lower

Crude oil futures ended notably lower on Friday, snapping a nine-day winning streak, with profit taking and worries about slowing Chinese economy weighing on the commodity. Crude oil futures ended down $1.00, or 1.9%, at $51.59 a barrel. On Thursday, crude oil futures ended $0.23, or 0.4%, at $52.59 a barrel, after having surged up…

Fx Primus Rebates

U.S. Dollar Moves Modestly Higher Versus Euro, Yen

The U.S. dollar has moved modestly higher versus the euro and the yen on Friday, although traders seem reluctant to make more significant moves. Currently, the dollar is trading at 108.49 yen compared to the 108.43 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued…

Fx Primus Rebates

Gold Futures Settle Modestly Higher

Gold prices moved in a tight range on Friday as traders looked for direction even as the dollar edged up a bit despite rising hopes about a pause in interest rate hikes. The yellow metal managed to settle higher after equities lost some ground due to profit taking and on concerns about the ongoing government…

Fx Primus Rebates

Malaysia Industrial Production Growth Eases In November

Malaysia’s industrial production growth eased in November, data from the Department of Statistics showed on Friday. Industrial production rose 2.5 percent year-on-year in November, slower than the 4.3 percent climb in October. Meanwhile, economists had expected a growth of 2.3 percent. Among sectors, manufacturing output grew 3.6 percent annually in November, while mining output declined…

Fx Primus Rebates

Singapore Retail Sales Falls In November

Singapore retail sales declined in November, primarily due to a sharp contraction in automobile sales, data from the Department of Statistics showed on Friday. Retail sales fell 3.0 percent year-on-year in November, reversing a 0.1 percent rise in October. Automobile sales tumbled 15.1 percent year-on-year after a 2 percent drop in the previous month. Excluding…

Fx Primus Rebates

Dollar Slides As U.S. Consumer Inflation Falls

The U.S. dollar was lower against its most major counterparts in the European session on Friday, as a data showed that the nation’s consumer inflation worsened in December driven by a steep drop in gasoline prices. Data from the Labor Department showed that U.S. consumer prices edged slightly lower in the month of December. The…

Fx Primus Rebates

U.S. Consumer Prices Edge Lower Amid Steep Drop In Gas Prices

Consumer prices in the U.S. edged slightly lower in the month of December, according to a report released by the Labor Department on Friday, with the modest decrease largely reflecting a steep drop in gasoline prices. The Labor Department said its consumer price index slipped by 0.1 percent in December after coming in unchanged in…