Fx Primus Rebates

Norway's Jobless Rate Rises In July

Norway’s unemployment rate rose slightly in July, the labor force survey from Statistics Norway showed Wednesday. The jobless rate rose to 4 percent in July from 3.8 percent in April. The expected rate was 3.8 percent. The rate for July indicates average for June to August and April reflects March to May period. The number…

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Austria Economic Growth Slowed In Q2

Austria’s economy grew at a slower pace in the second quarter, amid a slowdown in the export-led industrial sector, data from the Austrian Institute of Economic Research or WIFO showed Tuesday. Gross domestic product grew 0.6 percent from the first quarter, when it rose a revised 0.8 percent. The economy expanded a revised 0.9 percent…

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Dollar Mixed Ahead Of U.S. Home Price Indices

The Federal Housing Finance Agency and S&P Corelogic Case-Shiller will release U.S. home price indices for July at 9:00 am ET Tuesday. Ahead of these data, the greenback traded mixed against its major rivals. While the greenback held steady against the euro, the pound and the franc, it retreated against the yen. The greenback was…

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Taiwan's Industrial Output Growth Eases In August

Taiwan’s industrial production grew at a slower pace in August, the Ministry of Economic Affairs said Tuesday. Industrial output gained 1.33 percent on year, following July’s 4.69 percent increase. This was also weaker than the expected 1 percent. Among sectors, manufacturing logged an annual growth of 1.85 percent, while mining and quarrying contracted 5.69 percent.…

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BoE's Vlieghe Says QE Unwinding Need Not Impact Yield Curve

Unwinding of Bank of England’s asset purchase plan will not have a material impact on the yield curve, if done gradually with proper communication, Monetary Policy Committee member Gertjan Vlieghe said Tuesday. Quantitative easing, or QE, affects the yield curve but it does so primarily by affecting expectations of future monetary policy, Vlieghe said in…