Fx Primus Rebates

Japan Has Y449.3 Billion Trade Deficit In October

Japan posted a merchandise trade deficit of 449.3 billion yen in October, the Ministry of Finance said on Monday. That missed forecasts for a shortfall of 70.0 billion yen following the 131,3 billion yen surplus in September. Exports were up 8.2 percent on year, shy of expectations for an increase of 8.9 percent following the…

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Turkey Retail Sales Fall For First Time In 19 Months

Turkey’s retail sales volume declined for the first time in over one-and-a-half years in September, preliminary data from the Turkish Statistical Institute showed on Monday. The retail sales volume dropped a calendar adjusted 3.4 percent year-on-year following a 1.5 percent increase in August. The latest decline was the first since February 2017, when sales decreased…

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Gold Futures Settle Higher Again

Gold prices surged higher on Friday, extending gains to a third straight session, as the dollar weakened against major currencies and hopes about a resolution to the U.S.-China trade disputes faded again. According to reports, U.S. Trade Representative Robert Lighthizer has denied that he had told earlier that another round of tariffs on Chinese imports…

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Dollar Losing Ground As Weekend Approaches

The dollar is down against its major rivals Friday afternoon. Traders continue to keep a close eye on Brexit developments, as well as the battle between the European Commission and Italy over the country’s budget. Trade negotiations between the U.S. and China were also in focus at the end of the trading week. On a…

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U.S. Industrial Output Edges Up Slightly In October

Industrial production in the U.S. increased marginally in October, falling short of expectations, according to a report released by the Federal Reserve on Friday. The report said industrial output was up 0.1 percent in October, after increasing by a revised 0.2 percent in September. Economists had expected industrial output to increase by 0.3 percent in…

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Treasuries Show Notable Move To The Upside

After ending the previous session roughly flat, treasuries showed a strong move to the upside during the trading day on Friday. Bond prices moved notably higher in morning trading and remained firmly positive throughout the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, dropped by 4.4 basis points…

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Oil Prices Rise More Than 1 Percent

Oil rose on Friday, although the commodity remained on course for a weekly loss of about 4 percent, marking its sixth weekly loss. Global benchmark Brent crude climbed 1.6 percent to $67.67 a barrel, helped by a decline in U.S. fuel stockpiles and talk of OPEC-led production cuts next year. U.S. crude futures were up…