8 February, 2017 by The TZ Newswire Staff Comments Off on Stronger Growth Expected For U.S. In Q1
Stronger Growth Expected For U.S. In Q1
8 February, 2017 by The TZ Newswire Staff Comments Off on Market Extra: Is the U.S. turning into OPEC’s nightmare? What analysts are watching for in EIA report
Market Extra: Is the U.S. turning into OPEC’s nightmare? What analysts are watching for in EIA report
Oil analysts are preparing for the worst in Wednesday’s EIA report after the API data on Tuesday showed a huge jump in U.S.
8 February, 2017 by The TZ Newswire Staff Comments Off on Forexlive European FX news wrap: Jury out after yesterday’s fun and games
Forexlive European FX news wrap: Jury out after yesterday’s fun and games
Forex trading news and economic data headlines 8 February 2017
News:
Data:
After yesterday’s roller coaster ride in GBP and JPY pairs we’ve had a pause for thought so far today.
8 February, 2017 by The TZ Newswire Staff Comments Off on Can Gold’s Big Recent Bounce Continue?
Can Gold’s Big Recent Bounce Continue?
Gold prices closed down slightly on Tuesday, as the U.S. dollar surged early on, and the markets began to digest the yellow metal’s recent gains, including gold hitting two and a half month highs on Monday.
Gold’s price chart has improved substantially over the past several weeks, in sharp contrast to mid-January levels when the bears were firmly in control. The subsequent bounce has stemmed from growing political uncertainties as well as a downturn in the U.S. dollar, which helps gold’s price rise in dollar terms.
8 February, 2017 by The TZ Newswire Staff Comments Off on India Jolts Markets By Keeping Rates Unchanged, Signaling End To Easing Cycle
India Jolts Markets By Keeping Rates Unchanged, Signaling End To Easing Cycle
In an unexpected announcement, India’s central bank left borrowing costs unchanged for a second straight meeting, shifting its policy stance to neutral from accommodative, effectively signaling an end to easing cycle. The RBI left the benchmark repurchase rate at a six-year low of 6.25 percent, on expectations of a 25 bps cut. Central bank authorities left rates unchanged at the last, December 7 meeting, while saying that the policy stance remains accommodative.
8 February, 2017 by The TZ Newswire Staff Comments Off on Mortgage applications rise 2.3% as rates hit 3-week low
Mortgage applications rise 2.3% as rates hit 3-week low
A slight decrease in mortgage interest rates last week helped put some energy back into the market.
8 February, 2017 by The TZ Newswire Staff Comments Off on US MBA mortgage applications 2.3% vs -3.2% prior
US MBA mortgage applications 2.3% vs -3.2% prior
US MBA mortgage market index data report week ending 3 February 2017
The MBA data is pretty much mirroring the sideways motion in the rest of the housing market data at the moment.