Fx Primus Rebates

UK House Price Growth Rebounds From 5-year Low: Nationwide

UK house price inflation accelerated more-than-expected in November, after slowing in the previous month to its lowest level in over five year, but the outlook remains subdued due to the Brexit-linked uncertainty and a squeeze on household budgets. The house price index rose 1.9 percent year-on-year following a 1.6 percent increase in October, data from…

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Dollar Rising Ahead Of G20 Summit

The dollar is gaining ground against its major rivals Friday afternoon. Traders are looking ahead to the G20 summit this weekend and the highly anticipated meeting between President Trump and Chinese President Xi Jinping. The two leaders will hold a meeting at the summit to discuss the trade dispute between the two nations. Trump and…

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Chicago Business Growth Unexpectedly Accelerates Sharply In November

After reporting a slowdown in the pace of growth in Chicago-area business activity over the three previous months, MNI Indicators released a report on Friday showing business activity unexpectedly recorded its most impressive performance so far this year in November. MNI Indicators said its Chicago business barometer spiked to 66.4 in November after falling to…

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India Economic Growth Slows More Than Expected

India’s economic growth sharply slowed in the July to September quarter and the expansion was slower-than-expected, due to weaker farm output and private consumption. Gross domestic product grew 7.1 percent year-on-year after an 8.2 percent expansion in the three months to June, figures from the Central Statistics Office showed Friday. Economists had forecast 7.5 percent…

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Gold Prices Edge Lower Ahead Of Trump-Xi Meet

Gold prices were moving lower in range-bound trade on Friday as investors weighed mixed signals from U.S. President Donald Trump on the prospects for a trade deal with China. Spot gold was marginally lower at $1,223.94 per ounce, while U.S. gold futures were down 0.27 percent at $1,227.10 an ounce. Trump told reporters on Thursday…

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Loonie Falls As Canadian Economy Contracts Unexpectedly

The Canadian dollar drifted lower against its major counterparts in the European session on Friday, as a data showed that Canadian economy shrank unexpectedly in September driven primarily by lower output across all goods-producing industries. Data from Statistics Canada showed that GDP dropped 0.1 percent on a seasonally adjusted monthly basis from last month, when…

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Eurozone Inflation Slows To 3-Month Low; Core Figure Unexpectedly Eases

Eurozone’s consumer price growth slowed to its lowest level in three months in November and the core inflation unexpectedly eased, preliminary figures from the Eurostat showed on Friday. The consumer price index rose 2 percent year-on-year following a 2.2 percent increase in September. The slowing was in line with economists’ expectations. Core inflation, which excludes…

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Loonie Drops After Canada GDP Data

After the release of Canada GDP data for September at 8:30 am ET Friday, the loonie fell against its major rivals. The loonie was trading at 85.32 against the yen, 1.5127 against the euro, 0.9724 against the aussie and 1.3307 against the greenback around 8:33 am ET. The material has been provided by InstaForex Company…