Fx Primus Rebates

Oil Prices Inch Higher Amid Disruption In Libyan Exports

Oil prices rose slightly on Tuesday after declining as much as 3 percent the previous day on concerns over an equity sell-off and doubts over how OPEC and its allies will implement planned supply cuts to ward off a glut. Global benchmark Brent crude rose 0.25 percent to $60.12 per barrel, while U.S. West Texas…

Fx Primus Rebates

Romania Inflation Slows For Third Month

Romania’s consumer price inflation eased for a third straight month in November, hitting the lowest level thus far this year, data from the National Institute of Statistics showed on Tuesday. Inflation fell to 3.4 percent in November from 4.3 percent in October. Economists had forecast inflation of 3.8 percent. The CPI decreased 0.13 percent from…

Fx Primus Rebates

U.S. Dollar Falls Amid Risk Appetite On Trade Talk Hopes

The U.S. dollar dropped against its most major counterparts in the European session on Tuesday, as investors cheered progress in trade talks between Washington and Beijing following news that China’s Vice Premier Liu He held telephonic conversation with Treasury Secretary Steven Mnuchin to resolve the dispute. The conversation was focused on Chinese purchases of agricultural…

Fx Primus Rebates

UK Wage Growth At Decade High

UK wages rose at the fastest pace in a decade in the three months to October, suggesting that real pay growth is turning sustainable and contribute to economic growth if a “no-deal” Brexit is avoided. Average wages including bonuses rose 3.3 percent year-on-year, which was the biggest increase since the May to July period of…

Fx Primus Rebates

Oil Prices Fall As Weak China Data Fuels Demand Worries

Oil prices fell on Monday after surging Friday on news that OPEC and non-OPEC members had reached an agreement to cut crude production by 1.2 million barrels per day from January. Global benchmark Brent crude fell 1.35 percent to $60.84 per barrel while U.S. West Texas Intermediate (WTI) crude futures were down 1.8 percent at…