Fx Primus Rebates

Crude Oil Futures Edge Lower

Crude oil prices are moving in a tight range around the unchanged line on Friday, with traders weighing demand and supply prospects in the coming year. With the ECB projecting a slowdown in eurozone growth next year and the latest batch of economic data from China, Germany and Eurozone turning out to be quite disappointing,…

Fx Primus Rebates

German Private Sector Growth At 4-year Low

Germany’s private sector expanded at the slowest pace in four years during December amid slower growth in manufacturing and services, survey data from IHS Markit showed on Friday. The flash Composite Purchasing Managers’ Index fell to a 48-month low of 52.2 from 52.3 in November. Economists had expected a score of 52.8. A PMI reading…

Fx Primus Rebates

France Private Sector Unexpectedly Shrinks First Time In 2-1/2 Years

France’s private sector contracted for the first time in two-and-a-half years in December with both manufacturing and services activities falling, , amid widespread reports of disruption to business due to the ongoing Yellow Vests or ‘gilets jaunes’ anti-government protests, survey data from IHS Markit showed on Friday. The flash Composite Purchasing Managers’ Index, or PMI,…

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Gold Drifts Lower As Dollar Moves Up

Gold prices are lower Friday morning, as the dollar moved up against most major currencies with traders looking ahead to next week’s monetary policy meeting of the Federal Reserve. The Fed is widely expected to raise interest rate by 25 basis points, but contrary to earlier indications and expectations, the central bank is unlikely to…

Fx Primus Rebates

Dollar Climbs After Better-than-expected U.S. Retail Sales Data

The U.S. dollar strengthened against its key counterparts in the European session on Friday, after a data showed that nation’s retail sales grew more than forecast in November. Data from the Commerce Department showed that the retail sales edged up by 0.2 percent in November after spiking by an upwardly revised 1.1 percent in October.…

Fx Primus Rebates

Eurozone Private Sector Growth Lowest In Over 4 Years

Eurozone private sector grew at the slowest pace in more than four years during December, suggesting that the 19-nation economy is set to end this year with a whimper. The flash Composite purchasing managers’ index, or PMI, which combines manufacturing and services, fell to a 49-month low of 51.3 from 52.7 in November, survey data…