Fx Primus Rebates

Dutch Inflation Remain Stable In December

Dutch consumer price inflation held steady in December, figures from the Central Bureau of Statistics showed on Tuesday. The consumer price index climbed 2.0 percent year-over-year in December, the same rate of increase as in November. Cheaper airline tickets and car fuels damped inflation in December, the agency said. Inflation, based on the harmonized index…

Fx Primus Rebates

Eurozone Economic Sentiment At 2-year Low

Eurozone’s economic sentiment decreased more-than-expected in December to its lowest level since the start of 2017, extending further evidence of a broad-based slowdown in the single currency economy. The economic sentiment index dropped to 107.3 from 109.5 in November, survey data from the European Commission showed on Tuesday. Economists had predicted a score of 108.2.…

Fx Primus Rebates

Treasuries Extend Pullback Amid Optimism About Trade Talks

After turning lower over the course of the previous session, treasuries saw further downside during the trading day on Tuesday. Bond prices moved lower early in the session and remained in negative territory throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 3.4…

Fx Primus Rebates

Pound Declines Against Majors

The pound drifted lower against its key counterparts in the European session on Tuesday. The pound dropped to 1.2728 against the dollar, from an early 8-day high of 1.2797. The pound fell to a 4-day low 1.2494 against the franc, off an early high of 1.2549. The U.K. currency retreated to 138.48 against the yen…

Fx Primus Rebates

Three-Year Note Auction Attracts Below Average Demand

In the first long-term securities auction of the new year, the Treasury Department sold $38 billion worth of three-year notes on Tuesday, attracting below average demand. The three-year note auction drew a high yield of 2.559 percent and a bid-to-cover ratio of 2.44. Last month, the Treasury also sold $38 billion worth of three-year notes,…

Fx Primus Rebates

Australia Service Sector Slows In December – AiG

The service sector in Australia continued to expand in December, albeit at a slower pace, the latest survey from the Australian Industry Group showed on Wednesday with a Performance of Service Index score of 52.1. That’s down from 55.1 in November, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.…