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Author Archives: Insta Forex

Pound Falls On Hard Brexit Fears

April 2, 2019

The pound fell against its major counterparts in the European session on Tuesday, as investors weighed the possibility of a no-deal Brexit after U.K. Parliament turned down all the options to replace Prime Minister Theresa May’s divorce deal. On Monday, ...

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Swiss Inflation Rises In March

April 2, 2019

Switzerland’s consumer price inflation rose in March after remaining unchanged in the previous month, figures from the Federal Statistical Office showed on Tuesday. The consumer price index rose 0.7 percent year-on-year in March, following a 0.6 percent rise in each ...

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U.S. Durable Goods Orders Slump 1.6% In February

April 2, 2019

Orders for U.S. manufactured durable goods showed a steep drop in the month of February, according to a report released by the Commerce Department on Tuesday, with orders for transportation equipment leading the way lower. The Commerce Department said durable ...

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Oil Climbs Above $69 A Barrel

April 2, 2019

Oil prices held at a 2019 high above $69 a barrel on Tuesday after a U.S. official said Washington is considering more sanctions on Iran. Benchmark Brent crude rose half a percent to $69.32 a barrel, after having hit as ...

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Eurozone Producer Price Inflation Accelerates In February

April 2, 2019

Eurozone producer prices rose at a slightly faster pace in February, after easing slightly in February, preliminary data from Eurostat showed on Tuesday. The industrial producer price index rose 3 percent year-on-year following a 2.9 percent rise in January, which ...

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