Mortgage interest rates last week rose at the fastest pace in over a year, throwing cold water on already cooling demand. Total mortgage application volume was essentially flat for the week, rising just 0.5% according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan
Month: March 2021
A man walks past a store on January 12, 2021 in New York City. Angela Weiss | AFP | Getty Images Gap Inc. on Thursday predicted a bounce back to sales growth in 2021, hopeful that customers will soon return to its stores and spend more money on apparel as they look to resume some
US monthly jobs report overview Friday’s US economic docket highlights the release of the closely watched US monthly jobs data, popularly known as NFP. The report is scheduled to be released at 13:30 GMT and economists anticipate that hiring might have picked up again in February. The US economy is anticipated to have added 182K
Daily Recap of the Cowabunga System for Wednesday, 01/20/2010 View the full post and add your comments here: http://www.babypips.com/blogs/pip-my-system/
1 MINUTE – FOREX SCALPING | 153 USD PANALO – ETORO GUIDE
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The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms accounting for $24.33 billion of the total value. Rising gas fees have been
Russell index falls -2.76%. The NASDAQ index was -2.11% The major indices tumbled once again with the NASDAQ and Russell 2000 index leading the way to the downside. Feds Powell’s interview with the Wall Street Journal did not help hope that the Fed chair would look to talk down (or act on) the higher long-term rates. That did not
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NEW DELHI: To facilitate development of the bullion market in India, International Financial Services Centres Authority (IFSCA) on Thursday issued enabling framework for banking units in IFSC. The enabling framework will help generate interest in trading and hedging activities, and serve as a precursor to International Bullion Exchange(IBE), IFSCA said in a statement. The first
Selloff in Swiss Franc and Yen is the main focus today. But the forex markets are mixed elsewhere. Commodity currencies are mildly firmer as led by Aussie, but major pairs are just bounded in very tight range at the time of writing. Euro, Sterling and Dollar are mixed for the moment. But the picture could
Weekly jobless claims edged higher last week but rose less than expected for an economy struggling to shake off impacts from a pandemic that has been around now for nearly a year. The Labor Department on Wednesday reported that first-time filings for unemployment insurance in the week ended Feb. 27 totaled a seasonally adjusted 745,000,
EUR/JPY bulls holding the price up at 4-hour support. Now at breakeven, the bulls continue to target 130.40 in a daily bullish impulse. As per the prior analysis, EUR/JPY Price Analysis: Bulls in control from 4-hour support, the pair has indeed to continue to move higher to a breakeven scenario as the market gets set for the do
Silver down over 1% to the lows of $25.63 on the day Invest in yourself. See our forex education hub. The drag in gold is also inadvertently having a negative pull on the likes of silver and platinum lately and we are seeing more of that today as well with silver having fallen to its
Forex news from the European trading session – 4 March 2021 Headlines: Markets: CAD leads, CHF lags on the day European equities lower; E-minis down 0.5% US 10-year yields down 0.9 bps to 1.472% Gold up 0.2% to $1,715.10 WTI down 0.6% to $60.90 Bitcoin down 3.0% to $49,399 The market is looking tentative and
PUNE: The Indian government today announced import quota of 4 lakh tonnes for urad for 2021-22 as local prices of whole urad (black matpe) have been rising. There are concerns about supplies from Myanmar, main source of urad imports, due to a military coup in that country. In a notification issued today, the government has
Huge volatility continues in stock markets as Asian indices dive following the selloff in US overnight. But movements in exchange rates are relatively subdued, and mixed. Swiss Franc, Yen and Euro are currently the weaker ones for the week, followed by Dollar. Australian Dollar is leading other commodity currencies and Sterling as the strongest. However,
Private payroll growth disappointed in February despite otherwise encouraging signs of economic growth, according to a report Wednesday from ADP. Companies added just 117,000 positions for the month, well below the 225,000 forecast from economists surveyed by Dow Jones. The total also represented a sharp decline from the upward revised 195,000 jobs in January. The