<ul><li>Prior -10.7%</li><li>Market index 190.6 vs 173.5 prior</li><li>Purchase index 148.6 vs 140.7 prior</li><li>Refinance index 425.4 vs 358.2 prior</li><li>30-year mortgage rate 6.81% vs 6.76% prior</li></ul><p>After the subdued activity during Christmas week, mortgag
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Is CarinaBot Legit or Scam?
<p>In the world of financial trading, automated solutions have become a game-changer. Among these innovations, CarinaBot stands out in 2024 as a legitimate, safe, and profitable option for automated trading.</p><p>What Makes <a href="https://www.carinabot.com" target="_blank" rel="follow">Carina
Treasury yields to only start falling in 2H 2024 – Reuters poll
<p>10-year Treasury yields are now trading closer to the 4% mark and the Reuters poll of 62 bond strategists sees that yields should keep around 4.10% in three months' time. Although the forecast is trimmed from the previous poll in December by about 15 bps, it does point to the thinking that the recent bounce […]
Central bank rate cut odds.. where are we at now?
<p>It is much easier to take a straight comparison on how the odds have changed. Here's a look at things back at the end of December i.e. just two weeks ago:</p><ul><li>Federal Reserve: -156 bps (first -25 bps in March)</li><li>European Central Bank: -161 bps (first -25 bps in April)</li><li>Bank
Stocks nudge a little higher as yields retreat slightly on the session
<p>S&P 500 futures are now up 0.2% with European indices also nudging a little higher, with the DAX up 0.2% and CAC 40 up 0.3%. This comes as 10-year Treasury yields are moving slightly lower, down 2.5 bps to 3.992%. A drop under the 4% mark would ease some of the worries from last week, […]
Slump in German engineering orders sees no signs of a turnaround – VDMA
<p>Their latest finding shows that German engineering companies' order books took yet another sharp tumble in November, falling by 13% year-on-year. That sees a return to a double-digit fall after October's 5% decline. In the period from September to November, orders were down by 12% year-on-year with the split showing domestic orde
iFX EXPO Dubai 2024 is Right Around the Corner
<p>The buzz and anticipation surrounding the iFX EXPO Dubai 2024 continues to build, with the largest online trading expo in the MENA region taking place next week! The landmark event will be taking place on January 16-18 at the Dubai World Trade Centre in the heart of one of the world’s most important online trading […]
ECB's de Guindos: Rapid pace of disinflation likely to slow down this year
<ul><li>Disinflation process to pause temporarily at the beginning of the year</li><li>Growth developments are more disappointing</li><li>Incoming data indicate that future remains uncertain, prospects tilted to the downside</li></ul><p>That's a more balanced take compared to some of the mo
European equities in a more subdued mood at the open
<ul><li>Eurostoxx -0.1%</li><li>Germany DAX -0.1%</li><li>France CAC 40 -0.1%</li><li>UK FTSE -0.2%</li><li>Spain IBEX -0.3%</li><li>Italy FTSE MIB +0.1%</li></ul><p>It's early in the day but with there being little on the agenda in Europe and all the ant
Gold waits on US inflation data for next move
<p>The precious metal is down 1.5% on the month in a rather poor start to January trading this year. The retreat sees gold back away from key weekly resistance around the 2020 highs at $2,073 but price is not falling off a cliff just yet. Here's a look at the technical picture at the moment:</p><p>While […]