Fx Primus Rebates

UK Jobless Rate Edges Up To 4.1% In September

The UK unemployment rate rose slightly in the three months to September to 4.1 percent, preliminary data from the Office for National Statistics showed on Tuesday. In the past two months, the ILO jobless rate was steady at 4 percent, which was the lowest level since early 1975. Economists had forecast the rate to remain…

Fx Primus Rebates

Pound Falls Amid Brexit Worries

The pound declined against its major counterparts in the Asian session on Monday, as investors became cautious over the prospectus of the European Union and Britain reaching a Brexit deal before the end of the year. Split between the cabinet ministers and U.K. Prime Minister Theresa May has intensified, with four EU remain-leaning ministers on…

Fx Primus Rebates

Bank Of France Sees Sustained Growth In Q4

The French economy likely retained its growth momentum in the fourth quarter, latest projection from the Bank of France indicated on Monday. Gross domestic product is set to grow 0.4 percent in the fourth quarter of this year, the Bank of France projected in its latest monthly business survey report. This is the first estimate…

Fx Primus Rebates

Dollar Gaining Ground In Holiday Trading

The dollar is rising against its major rivals Monday afternoon. The Veterans Day holiday is keeping some investors away from their desks, but concerns over Brexit and the Italian budget have helped to drive the buck higher. The budget stalemate between Italy and European Union has investors in a cautious mood as the deadline to…

Fx Primus Rebates

Turkey September Current Account Swings To Surplus

Turkey’s current account balance for September swung to a surplus this year, preliminary data from the Turkish central bank showed on Monday. The current account showed a surplus of $1.83 billion versus a deficit of $4.44 billion in the same month last year. Consequently, the 12-month rolling deficit was reduced to $46.05 billion. The surplus…