Market index 253.4 vs 245.7 prior Purchase index 158.0 vs 155.6 prior Refinance index 777.4 vs 739.3 prior 30-year mortgage rate 6.77% vs 6.83% prior This is never a market moving release. Mortgage applications are generally inversely correlated to mortgage rates. This article was written by Giuseppe Dellamotta at investinglive.com. fbs.mobi
The DAX is now up just 0.1% with the CAC 40 up 0.2% in European morning trade. Meanwhile, S&P 500 futures have also cut gains to just 0.2% after having been up 0.5% earlier in the session. All of this comes after the sluggish showing in Wall Street yesterday, hampered by a more disappointing US … Read more
SMCI Stock Declines Over 16% After Earnings – To Buy or Not to Buy? A Comprehensive Analysis The dramatic over 16% decline in Super Micro Computer, Inc. (SMCI) stock following its earnings report on August 5, 2025, has sent shockwaves through the market, prompting a flurry of activity and debate among investors and traders. A … Read more
That’s quite a disappointment as total industry activity levels fell at the steepest pace since May 2020. There were marked declines in volumes of work carried out across all three sub-sectors, but a fresh drag in residential building activity stood out on the month. S&P Global notes that: “Having trended upwards in recent months, our … Read more
That is the highest reading since February 2023 as the construction downturn in Germany shows further signs of easing in July. Looking at the details, a lot of this owes to a renewed rise in commercial building work (chart below). That being said, firms continued to cut both workforce numbers and purchasing activity, citing a … Read more
Foreign exchange rates should be determined by markets in principle Does not have specific direction in mind on foreign exchange rates For some context, the US Treasury first placed South Korea on its currency manipulation watchlist all the way back in 2016. That before dropping South Korea from the list in November 2023 before reinstating … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
Gold inventories at warehouses linked to the Shanghai Futures Exchange have hit a record high of over 36 tonnes nearly doubling in a month surge is driven by traders exploiting a widening gap between high futures prices and cheaper spot gold profiting by delivering physical gold into the exchange According to the World Gold Council … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
