Fx Primus Rebates

Gold Prices Slip Ahead Of Fed Announcement

Gold prices fell slightly on Wednesday after reaching a more than five-month high earlier in the day on expectations of a dovish rate hike by the Federal Reserve later in the day. Spot gold dropped 0.1 percent to $1,248.39 per ounce after hitting its highest level since July 11 at $1,251.06 earlier in the session.…

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Oil Prices Rebound After Three Sessions Of Losses

Oil prices bounced back on Wednesday after falling for the past three sessions on fears of oversupply and deteriorating demand in the face of a slowing global economy. Global benchmark Brent crude futures climbed 0.85 percent to $56.74 per barrel after tumbling 5.6 percent on Tuesday. West Texas Intermediate futures (WTI) were up 0.52 percent…

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Bank Of England Set To Hold Rates Steady Amid Brexit Chaos

The Bank of England is set to hold interest rates unchanged on Thursday as the economic outlook remains highly uncertain with the Theresa May government being accused of dilly-dallying on reaching a deal over Britain’s exit from the European Union. The nine-member Monetary Policy Committee, led by Governor Mark Carney, is widely expected to leave…

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Poland Industrial Production Rises In November

Poland’s industrial production rose in November, data from Statistics Poland showed on Wednesday. Year-on-year, industrial production grew 4.7 percent in November, which was faster than the 4.2 percent increase economists had expected. On a monthly basis, industrial production fell by 3.6 percent in November. Economists had forecast a 0.4 percent fall. Excluding the seasonal factors,…

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Poland Producer Price Inflation Slows In November

Poland’s producer price inflation eased in November, preliminary data from Statistics Poland showed on Wednesday. Producer prices rose 2.7 percent year-on-year in November after a 3.2 percent increase in October. Economists had expected a 3.1 percent climb. Electricity, gas, steam and air conditioning supply and manufacturing registered producer price growth of 2.8 percent and 2.7…

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Eurozone Construction Output Falls In October

Eurozone construction output dropped in October after rising in the previous month, figures from Eurostat showed on Wednesday. Construction output fell 1.6 percent from September, when it grew 2.1 percent. Building construction fell 1.9 percent and civil engineering declined by 1.3 percent in November. Among member states, France, Italy and Romania logged the biggest declines…