5 August, 2015 by The TZ Newswire Staff Comments Off on U.S. mortgage applications rise in latest week: MBA
U.S. mortgage applications rise in latest week: MBA
Applications for U.S. home mortgages rose last week as borrowing rates declined to their lowest since May, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted …
5 August, 2015 by The TZ Newswire Staff Comments Off on Greek PM Tsipras says deal with lenders is close
Greek PM Tsipras says deal with lenders is close
Greek Prime Minister Alexis Tsipras said on Wednesday Greece is close to concluding a deal with lenders on a multi billion euro bailout, which he said would end doubts over the country’s presence in the euro zone. “We are in the final stretch of concluding a deal with the institutions… Despite the difficulties we are facing we hope this agreement can end uncertainty on the future of Greece and of the euro zone,” he said during a visit to the country’s agriculture ministry.
5 August, 2015 by The TZ Newswire Staff Comments Off on Lumber Liquidators skids 18% after surprise loss
Lumber Liquidators skids 18% after surprise loss
Shares of Lumber Liquidators plunge after it posts a surprise quarterly loss and says it expects a regulator to file a claim over formaldehyde allegations.
5 August, 2015 by The TZ Newswire Staff Comments Off on US trade deficit widens in June on higher imports
US trade deficit widens in June on higher imports
The U.S. trade deficit widened more than expected as an acceleration in demand and a strong dollar sucked in imports of food and automobiles.
5 August, 2015 by The TZ Newswire Staff Comments Off on June 2015 Canada trade balance -0.48bn vs -2.80bn exp
June 2015 Canada trade balance -0.48bn vs -2.80bn exp
June 2015 Canada trade balance 05 August 2015
– Prior -3.34bn
5 August, 2015 by The TZ Newswire Staff Comments Off on June 2015 US international trade balance -43.84bn vs -42.80bn exp
June 2015 US international trade balance -43.84bn vs -42.80bn exp
US trade balance data for June 2015
– Prior -41.90bn. Revised to -40.94bn
– Exports -0.1% vs -0.7% prior
– Imports 1.2% vs -0.5% prior
What’s a billion bucks between friends? Worse on the headline, better on the revision
5 August, 2015 by The TZ Newswire Staff Comments Off on Forex techincal analysis: GBPUSD continues the volatile action
Forex techincal analysis: GBPUSD continues the volatile action
Trades near a ceiling area
The GBPUSD had a near-epic day yesterday as it bounced around in a 75 pips trading range up and down and up and down. The floor at the 1.5560-645 area gave way in the Asia-Pacific session on to find support at the July 28 low of 1.5521. That was enough technical perspective, to get buyers back involved. The price extended back above the 1.5560/64 area than what was resistance became support again.