Fx Primus Rebates

Japan Household Spending Spikes 2.8% On Year In August

The average of household spending in Japan was up 2.8 percent on year in August, the Ministry of Internal Affairs and Communications said on Friday – coming in at 292,481 yen. That beat expectations for an increase of 0.1 percent, which would have been unchanged from July. The average of monthly income per household stood…

Fx Primus Rebates

South Korea Inflation Jumps To 1.9% In September

Consumer prices in South Korea were up 1.9 percent on year in September, Statistics Korea said on Friday. That exceeded expectations for 1.5 percent and was up from 1.4 percent in August. On a monthly basis, inflation was up 0.7 percent, beating forecasts for 0.6 percent and up from 0.5 percent. Core inflation, which excludes…

Fx Primus Rebates

Pound Advances Against Majors

The pound climbed against its major counterparts in the European session on Thursday. The U.K. currency strengthened to a 2-week high of 0.8853 against the euro and near a 2-month high of 1.2886 versus the franc, from its early lows of 0.8876 and 1.2818, respectively. The pound rose to 1.2995 against the greenback, from more…

Fx Primus Rebates

Gold Prices Mixed After Strong US Data

Gold prices were trading mixed on Thursday and the dollar gained ground after upbeat U.S. economic data released overnight lifted U.S. Treasury yields to levels not seen since 2011 and increased the likelihood of further rate hikes from the Federal Reserve. Spot gold was marginally higher at $1,198.78 an ounce after falling around half a…