Fx Primus Rebates

Loonie Little Changed After Canada Manufacturing Sales

At 8:30 am ET Tuesday, Canada manufacturing sales for July have been released. Following the data, the loonie changed little against its major rivals. The loonie was trading at 86.15 against the yen, 0.9370 against the aussie, 1.5227 against the euro and 1.3026 against the greenback around 8:35 am ET. The material has been provided…

Fx Primus Rebates

Italy Industrial Orders, Turnover Fall For Second Month

Italy’s industrial orders dropped for a second straight month in July and at the fastest pace in six months, data from the statistical office ISTAT showed Tuesday. Industrial orders dropped a seasonally adjusted 2.3 percent from the previous month, when they fell 1.5 percent. In May, orders grew 3.3 percent. The latest decline was the…

Fx Primus Rebates

Sweden Jobless Rate At 10-month High

Sweden’s unemployment rate unexpectedly rose in August to its highest level in 10 months, preliminary data from Statistics Sweden showed Tuesday. The seasonally adjusted jobless rate climbed to 6.6 percent from 6.4 percent in July. Economists had expected the rate to drop to 6.3 percent. The latest figure was the highest since October 2017, when…

Fx Primus Rebates

Oil Prices Rally Despite New US Tariff Threat

Oil prices rallied on Tuesday after Saudi Arabia said it was comfortable with Brent oil above $80 a barrel. Ahead of a meeting between major producing countries in Algeria, the Bloomberg reported citing people familiar with the kingdom’s view that the country is comfortable with higher oil prices, at least in the short term. Benchmark…