German DAX futures -0.1%UK FTSE futures -0.2%European futures are a touch softer, reflecting the passive mood in Wall Street yesterday. Overall sentiment is a bit more mixed with US futures keeping higher today,...
This is the first time that EUR/USD is testing its 100-day moving average (red line) since February this year. That is a testament to the sort of rebound seen this week, with the...
The central bank bonanza continues with the ECB in focus today, after the Bank of Canada pulled off a surprise with just a 50 bps rate hike yesterday. Let's try to keep things...
Prior -4.5%Market index 201.1 vs 204.6 priorPurchase index 160.4 vs 164.2 priorRefinance index 394.6 vs 394.6 prior30-year mortgage rate 7.16% vs 6.94% priorYikes. The average interest rate of the most popular home loan...
Medium-term fiscal plan will now be full 'autumn statement'Has discussed this with BOE governor Bailey, says he understands the reasoningDelay is the best way to make sure we take the right decisionsI noted...
How quickly things can change. As we got into Friday trading last week, the dollar was in a firm position all before some dovish Fed talk came in and things swung back the...
