Fx Primus Rebates

U.S. Job Growth Far Exceeds Expectations In December

Employment in the U.S. spiked by much more than anticipated in the month of December, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment soared by 312,000 jobs in December after climbing by an upwardly revised 176,000 jobs in November. Economists had expected employment…

Fx Primus Rebates

Crude Oil Futures Settle Higher Again

Crude oil prices ended sharply higher on Friday, extending gains to a fifth successive session, after stronger than expected U.S. jobs data and an encouraging report on Chinese services sector activity eased concerns about global growth and energy demand prospects. Hopes that output reductions by major oil producers like Saudi Arabia and Russia would help…

Fx Primus Rebates

Treasuries Pull Back Sharply On Upbeat Jobs Data

After moving notably higher over the past few sessions, treasuries pulled back sharply during the trading day on Friday. Bond prices moved significantly lower early in the day and remained firmly negative throughout the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, jumped by 10.5 basis points to…

Fx Primus Rebates

Gold Settles Lower As Equities Rise On Trade Talks Hopes

Gold prices drifted lower on Friday as traders switched over to riskier assets amid optimism that the upcoming U.S.-China trade talks next week will help ease trade concerns. An encouraging report on services sector activity in China and upbeat U.S. jobs data drove stock prices up north and contributed to the yellow metal’s decline. Meanwhile,…

Fx Primus Rebates

Dollar Mixed Following Strong December Job Growth

The dollar is turning in a mixed performance against its major rivals Friday afternoon. The buck is losing ground against its major European rivals, but is rising against the Japanese Yen. The focus this morning was on the stronger than expected U.S. jobs report for December. However, traders also had to contend with comments from…

Fx Primus Rebates

Japan Services PMI Fades To 51.0 In December – Nikkei

The services sector in Japan continued to expand in December, albeit at a slower pace, the latest survey from Nikkei revealed on Monday with a PMI score of 51.0. That’s down from 52.3 in November, although it remains above the boom-of-bust line of 50 that separates expansion from contraction. Individually, a weaker rise in new…

Fx Primus Rebates

Japan Monetary Base Slows To 4.8% In December

The monetary base in Japan was up just 4.8 percent on year in December, the Bank of Japan said on Monday – coming in at 504.2 trillion yen. That was well shy of forecasts for 5.8 percent and down sharply from 6.1 percent in November. Banknotes in circulation were up 3.4 percent on year, while…