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Author Archives: Insta Forex

South Africa Retail Sales Rebound In January

South Africa’s retail sales rose in January after falling in the previous month, preliminary figures from Statistics South Africa showed on Wednesday. Retail sales rose 1.2 percent year-on-year in January, after a 1.6 percent percent fall in December. The biggest ...

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Estonia Producer Price Inflation Rises In February

Estonia’s producer price inflation rose in February, data from Statistics Estonia showed on Wednesday. The producer price index rose 0.6 percent year-on-year in February, following a 0.3 percent rise in January. Data showed that prices in electricity, gas, steam and ...

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South Africa Inflation Rises In February

South Africa’s consumer price inflation rose in February after easing sharply in the previous two months, data from Statistics South Africa showed on Wednesday. The consumer price index rose 4.1 percent year-on-year in February, following a 4.0 percent rise in ...

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Pound Falls On Risk Aversion, Brexit Uncertainty

The pound drifted lower against its major counterparts in the European session on Wednesday, as European shares fell ahead of Fed policy decision as well as on Brexit uncertainty after the European Commission President Jean-Claude Juncker remarked that a decision ...

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Gold Drops On Firm Dollar Ahead Of Fed Decision

Gold prices fell slightly on Wednesday and the U.S. dollar firmed up against its peers as investors awaited the Fed’s interest-rate decision later in the day. Spot gold dropped 0.2 percent to $1,303.47 per ounce while U.S. gold futures were ...

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