Fx Primus Rebates

IMF Appoints Harvard Professor Gita Gopinath As Chief Economist

The International Monetary Fund appointed a Harvard University professor Gita Gopinath as its chief economist. Gopinath is set to replace Maurice Obstfeld, as the Economic Counsellor and Director of the IMF’s Research Department. Obstfeld announced in July that he would retire at the end of 2018. “Gita is one of the world’s outstanding economists, with…

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UK Construction Growth At 6-month Low

UK construction growth was the weakest in six months in September, defying expectations for an improvement, as all three sub-sectors lost momentum. The CIPS UK construction purchasing managers’ index fell to 52.1 from 52.9 in August, survey data from IHS Markit showed on Tuesday. In contrast, economists had expected the index to rise to 53.1.…

Fx Primus Rebates

UK Construction Sector Growth Weakest In 6 Months

UK construction sector unexpectedly grew at the weakest pace in six months in September, as all three sub-sectors lost momentum, survey data from IHS Markit showed on Tuesday. The IHS Markit/CIPS UK construction purchasing managers’ index fell to 52.1 from 52.9 in August. In contrast, economists had expected the index to rise to 53.1. A…