Fx Primus Rebates

China Service Sector Growth At 6-month High In December

China’s service sector growth hit a six-month high in December amid greater demand from abroad, leading to faster private sector expansion, survey results from IHS Markit showed on Friday. The headline seasonally adjusted Caixin services Purchasing Managers’ Index rose slightly to 53.9 from 53.8 in November. The Caixin Composite PMI climbed to a five-month high…

Fx Primus Rebates

Dollar Rises Vs Most Majors Ahead Of U.S. GDP Data

The U.S. GDP data for the third quarter, durable goods orders and personal income and spending data for November are set for release at 8:30 am ET Friday. The greenback traded mixed against its major counterparts before these data. While the greenback held steady against the yen, it rose against the rest of major rivals.…

Fx Primus Rebates

UK Business Investment Weakest Since 2008-2009 Amid Brexit Uncertainty

British business investment fell for three consecutive quarters, marking its weakest period since the 2008-09 global financial crisis, as businesses reduced spending due to the Brexit chaos. Business investment decreased 1.1 percent sequentially in the third quarter, falling for a third consecutive quarter. Investment declined for such a long duration for the first time since…

Fx Primus Rebates

Treasuries Close Roughly Flat Following Lackluster Session

Treasuries showed a lack of direction throughout much of the trading session on Friday before ending the day roughly flat. Bond prices spent most of the day lingering near the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by less than a basis point to…