Fx Primus Rebates

Amended: Lithuania Industrial Production Climbs In August

Corrects Month Lithuania’s industrial production expanded in August, driven by manufacturing sector, figures from the Department of Statistics showed on Friday. Industrial production climbed by a seasonal and calendar-adjusted 1.4 percent month-on-month in August. The rise was mainly led by a 1.8 percent growth in the manufacturing output. Meanwhile, the mining and quarrying output fell…

Fx Primus Rebates

UK Budget Deficit Widens As Govt Spending Rises

The UK budget deficit increased in August on higher expenditure amid subdued income growth, data from the Office for National Statistics showed Friday. Public sector net borrowing, excluding public sector banks, rose by GBP 2.4 billion from last year to GBP 6.8 billion in August. Borrowing was expected to fall to GBP 3.4 billion. This…

Fx Primus Rebates

Spain Trade Gap Widens In July

Spain’s foreign trade deficit increased in July from a year ago, as imports grew faster than exports, preliminary figures from the Economy Ministry showed Friday. The trade deficit rose to EUR 3.25 billion in July from EUR 2.1 billion in the corresponding month last year. Exports climbed 9.8 percent year-over-year in July. Moreover, this was…

Fx Primus Rebates

S&P Affirms China's Sovereign Ratings

S&P Global Ratings affirmed the sovereign ratings of China with ‘stable’ outlook, on Friday. The ‘A+’ credit rating reflects S&P’s assessment of the government’s reform agenda, growth prospects, and strong external metrics. S&P observed that policy changes have helped to rein in credit growth and reduce the reliance of economic growth on public investment. If…

Fx Primus Rebates

Dollar Drops Ahead Of U.S. Weekly Jobless Claims

The U.S. weekly jobless claims for the week ended September 15 are due at 8:30 am ET Thursday. Ahead of the data, the greenback fell against its major counterparts. The greenback was worth 1.1772 against the euro, 1.3289 against the pound, 0.9615 against the franc and 112.14 against the yen as of 8:25 am ET.…