Fx Primus Rebates

German Import Price Inflation Unexpectedly Rises In October

Germany’s import price growth unexpectedly accelerated in October after slowing in the previous month, figures from the Federal Statistical Office showed on Friday. The import price index rose 4.8 percent year-on-year following a 4.4 percent in September. Economists had expected the figure to ease further to 4.2 percent. Import price inflation was 4.8 percent in…

Fx Primus Rebates

German Retail Sales Grow Most In 1-1/2 Years; Tops Expectations

German retail sales rebounded strongly in October, growing at the fastest pace in nearly one-and-a-half years, preliminary data from the Federal Statistical Office showed on Friday. Retail sales grew 5 year-on-year following a revised 2.8 percent slump in September. Economists had expected a gain of 1.4 percent. The pace of growth was the fastest since…

Fx Primus Rebates

Australian, New Zealand Dollars Fall On China Data

The Australian and New Zealand dollars dropped against their major counterparts in the Asian session on Friday, as China manufacturing sector activity unexpectedly stalled in November, while investors cautiously await the highly-anticipated meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 summit in Argentina this weekend. The latest survey…

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Swiss KOF Economic Barometer Falls For A Second Month

A leading indicator signaling Swiss economic performance in the near future fell for a second straight month in November, survey data from the KOF Swiss Economic Institute showed on Friday. The KOF Economic Barometer dropped to a three-month low of 99.1 from 100.2 in October, which was revised from 100.1. Economists had expected a score…

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Franc Little Changed Following Swiss KOF Leading Indicator

At 3:00 am ET Friday, the KOF Swiss Economic Institute has released leading indicator for November. After the data, the franc changed little against its major counterparts. The franc was trading at 0.9963 against the greenback, 113.88 against the yen, 1.2729 against the pound and 1.1340 against the euro around 3:04 am ET. The material…

Fx Primus Rebates

France Inflation Slows More Than Expected To 7-month Low

France’s consumer price inflation slowed more-than-expected in November to its lowest level in seven months, preliminary data from the statistical office INSEE showed on Friday. The consumer price index rose 1.9 percent year-on-year following a 2.2 percent increase in October. Economists had expected 2 percent inflation. The latest inflation figure was the lowest since April,…