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Author Archives: Insta Forex

Gold Falls As Dollar Recovers

Gold prices fell over 1 percent on Friday and headed for a weekly loss, as the dollar turned higher ahead of the all-important U.S. jobs data due tonight that will give clues on the extent of fiscal stimulus needed to ...

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Oil Prices Hover Near 11-month High

Oil prices rose on Friday to hover near 11-month highs amid hopes for an economic recovery later in the year. Benchmark Brent crude rose 0.6 percent to $54.72 a barre, after touching $54.92, the highest since Feb. 26. U.S. West ...

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Eurozone Jobless Rate Falls Marginally In November

The euro area unemployment rate declined slightly in November, data from Eurostat showed on Friday. The jobless rate dropped to 8.3 percent from 8.4 percent in October. In the same period last year, the unemployment rate was 7.4 percent. The ...

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South Africa Manufacturing Sector Growth Slows In December

South Africa’s manufacturing sector expanded at a markedly slower pace in December than in the previous month, survey data from the Bureau of Economic Research showed on Friday. The seasonally adjusted Absa Purchasing Managers’ Index, or PMI, declined further to ...

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UK Halifax House Price Growth Weakens In December

UK house prices logged the slowest growth in the current sequence of increase that started in July, data released by the Lloyds Bank subsidiary Halifax and IHS Markit showed Friday. House prices rose 0.2 percent from November, when prices were ...

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