Fx Primus Rebates

Portugal Retail Sales Growth Improves, Jobless Rate Unchanged

Portugal’s retail sales growth improved in August after slowing in the previous two months, while the unemployment rate held steady, figures from Statistics Portugal showed Friday. Retail sales rose 3.8 percent year-on-year following a 2.2 percent increase in July. Sales growth peaked at 5.8 percent in May. On a month-on-month basis, retail sales increased 1.1…

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German Inflation Highest Since 2011

Germany’s consumer price inflation accelerated more-than-expected in September to its highest level in nearly seven years, initial estimates from the Federal Statistical Office showed Thursday. The consumer price index rose 2.3 percent year-on-year following a 2 percent increase, each in July and August. Economists had expected the rate to remain unchanged. The latest CPI inflation…

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Dollar Extends Rally After U.S. GDP Data

The U.S. dollar extended its early rally against its major counterparts in the New York session on Thursday, after a data showed that the U.S. economy expanded in line with the previous estimate in the second quarter and durable goods orders grew more than expected in August, cementing prospects for an additional rate hike in…

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U.S. GDP Growth Unrevised At 4.2% In Q2

A report released by the Commerce Department on Thursday showed the pace of U.S. economic growth in the second quarter was unrevised from the previous estimate. The report said gross domestic product increased at an annual rate of 4.2 percent in the second quarter, unchanged from the estimate released last month. The unrevised growth also…

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U.S. Durable Goods Orders Jump Much More Than Expected In August

Reflecting a substantial rebound in orders for transportation equipment, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods jumped much more than expected in the month of August. The Commerce Department said durable goods orders surged up by 4.5 percent in August after falling by a revised 1.2…