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Tag Archives: forex news

U.S. Producer Prices Edge Down 0.2% In December

A report released by the Labor Department on Tuesday showed a modest decrease in U.S. producer prices in the month of December. The Labor Department said its producer price index for final demand dipped by 0.2 percent in December after ...

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Eurozone Trade Surplus Falls In November

Eurozone’s merchandise trade surplus decreased strongly in November, as the growth in imports outpaced that of exports. The trade surplus fell to EUR 19 billion from EUR 23.4 billion in the same month last year, figures from the euro area ...

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Gold Subdued As Equities Rebound

Gold prices were slightly lower on Tuesday as equity markets gained ground on expectations of fewer interest rate hikes this year by the Federal Reserve and amid hopes that China would unveil more measures to support its weakening economy. Spot ...

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Oil Prices Rise Amid Supply Cuts

Oil prices rose on Tuesday as supply cuts by producer club OPEC and Russia as well as declining U.S. rig counts bolstered sentiment. Global benchmark Brent crude climbed 0.90 percent to $59.52 per barrel, while U.S. West Texas Intermediate (WTI) ...

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German 2018 Growth Weakest In 5 Years

Germany’s economy grew for a ninth year in 2018, but at the slowest pace in five years, largely driven by domestic demand, preliminary data from the Federal Statistical Office showed on Tuesday. Gross domestic product rose a price-adjusted and chain-linked ...

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