Weekly mortgage rates fall further, but only refinance applications rise
It’s almost as if falling mortgage rates are becoming hum-drum, at least for homebuyers. Total mortgage application volume increased 1.3% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 40% higher than...
Developed Market Equities with Andrew Milligan | Podcast
Key points covered in this podcast – Why developed market equities may be the pick right now – The key fundamental factors that are hitting global asset classes – The potential opportunities in Europe Note: our programmers have developed a...
Mnuchin: ‘We were about 90% of the way’ on China trade deal and there’s a ‘path to complete this’
Treasury Secretary Steven Mnuchin told CNBC on Wednesday the U.S. and China were close to a trade deal, and he’s optimistic that progress can be made during weekend talks between President Donald Trump and China’s Xi Jinping. “We were about...
GBP/USD Outlook: Cable Extends Pullback On Comments From Johnson/Fed, BoE Carney’s Speech In Focus
Cable extends pullback on Wednesday after double rejection at key Fibo barrier at 1.2763 (38.2% of 1.3179/1.2505), probing through lower pivots at 1.2677 (Fibo 38.2% of 1.2505/1.2783 upleg/30SMA) and 1.2667 (20SMA). Fresh bears are inflated by comments from PM candidate...
RBNZ Review – Stand Pat and Stay Cautions
NZDUSD climbed higher after RBNZ left the OCR unchanged at 1.5%, a well-anticipated move. The members maintained a dovish tone, but not more dovish than in the previous meeting. Although the central bank indicated that interest rates might need to...
Dollar Rebounds as Fed Dismissed Aggressive Cut, NZD Rebounds Despite Dovish RBNZ
New Zealand rises broadly even though RBNZ hints on an August rate cut. The easing bias is actually well priced in and traders responds to the positive reference to the economy instead. Dollar also trying to extend yesterday’s rebound as...
Argentina: It’s time to take money off the table
Kirchner is calculating that Peronism will get more voters if she isn’t the lead candidate, given her high rejection rate. That’s logical – and so too was president Macri’s response in choosing Miguel Angel Pichetto, a non-Kirchner Peronist to bolster...
The trade war is weighing on Chinese home buying in the US
The downtown skyline of Los Angeles, California. Frederic J. Brown | AFP | Getty Images Chinese home buyers last year ponied up much less cash in the U.S. as the trade war continues to escalate between the world’s two largest...
NBC is removing ‘The Office’ from Netflix in 2021 and putting it on its new streaming service
‘Valentine’s Day’ Episode 16 of the sitcom The Office. Pictured is the cast of the sitcome: (L to R) Angela Kinsey as Angela Martin, Kate Flannery as Meredith Palmer, Steve Carell as Michael Scott, Phyllis Smith as Phyllis Lapin-Vance, and...
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