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Author Archives: Insta Forex

India Service Sector Growth Rises In February

India’s service sector expanded in February at a faster rate as new work, output and employment expanded, while price pressures eased, survey results from IHS Markit showed on Tuesday. The Nikkei services purchasing managers’ index, or PMI, rose to 52.5 ...

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UAE Private Sector Growth Lowest In Nearly 2-1/2 Years

UAE private sector grew at the slowest pace in nearly two-and-a-half years in February, amid slower growth in new orders and fall in employment, survey data from IHS Markit showed on Tuesday. The Emirates NBD UAE purchasing managers’ index, or ...

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China Private Sector Growth Weakens In February

China’s private sector growth weakened marginally in February with softer growth in services activity, survey data from IHS Markit showed on Tuesday. The Caixin composite output index fell to 50.7 in February from 50.9 in January. Nonetheless, a reading above ...

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Gold Hovers Near Five-week Low As Dollar Climbs

Gold prices held near a five-week low on Tuesday as an uptick in U.S. Treasury yields continued to underpin demand for the U.S. dollar. Spot gold was down about 0.1 percent at $1,285.08 per ounce, after hitting its lowest level ...

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