Latest data from the Mortgage Bankers Association for the week ending 7 September – Purchase index 233.5 vs 231.4 prior – Market index 337.4 vs 343.5 prior – Refinancing index 884.3 vs 940.0 prior
A look around the markets as London/Europe exit for the day As London/Europe look to exit for the day, the major stock indices are ending with gains: In the benchmark 10 year debt market, yields are ending mostly lower (with Italy yields down 0.8 bps).
OPEC is to issue their monthly oil market report later ForexLive The August report can be found . Oil prices posted a decent recovery in overnight trading owing a little to a larger-than-expected inventory drawdown . That comes after a bit of a fall following news about hurricanes – in particular Florence and Gordon –…
We’ve heard that one before USD/CAD hit a low of 1.2987 but it found a base there and his bounced back to 1.3010. ForexLive
Comments by former Brexit secretary David Davis ForexLive There’s mounting belief now that May is going to find it tough to push her Chequers plans through parliament and that is going to make things rather difficult when it comes to negotiations with the EU.
A boost for risk assets on this headline, from Dow Jones Dow Jones reports that the US is proposing a new round of trade talks with China in the near future. This is potentially great news for a postponement, at the very least, of China-US hostility.
The euro has fallen in all five trading days when a ECB meeting is held in 2018 ForexLive The ECB is due to meet tomorrow and is very much expected to reiterate the same language seen from its latest meeting back in July. The market is currently pricing in a likely rate hike to come…
Sounds more and more like a deal Guajardo says Mexican NAFTA negotiator Kenneth Smith Ramos is on his way to DC. He also said that the preliminary deal was written as a trilateral deal.
US weekly EIA oil inventories The a huge draw in crude. API numbers yesterday showed ForexLive
Four reasons for the euro climb to a session high There are no headline behind this jump in EUR/USD to 1.1618 from 1.1600. It looks like it’s a combination of things: