The online personal styling service rebounded from supply chain challenges earlier during the coronavirus pandemic.
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US MBA mortgage applications w.e. 18 September +6.8% vs -2.5 prior
Latest data from the Mortgage Bankers Association for the week ending 18 September 2020
– -2.5%
– Market index 808.5 vs 757.2 prior
– Purchase index 327.0 vs 316.2 prior
Mortgage activity continues to stay rather robust with the boost in the past week helped by both a surge in purchases and refinancing activity. Of note, the purchase index
– -2.5%
– Market index 808.5 vs 757.2 prior
– Purchase index 327.0 vs 316.2 prior
Mortgage activity continues to stay rather robust with the boost in the past week helped by both a surge in purchases and refinancing activity. Of note, the purchase index
UBS says expects emergency approval of 1-3 vaccines in Q4 2020, to spark rotation in equities
UBS‘ asset management arm weighs in on the market outlook later in the year
The firm says that they expect some form of emergency approval of between one to three coronavirus vaccines during Q4 2020, adding that they expect „full approval for broad inoculation to begin by the middle of next year“.
The firm says that they expect some form of emergency approval of between one to three coronavirus vaccines during Q4 2020, adding that they expect „full approval for broad inoculation to begin by the middle of next year“.
Dollar pares early gains, US futures higher on the session
S&P 500 futures seen up by ~0.5% now
For EUR/USD, keeping below 1.1700 will be the real challenge today for sellers in order to try and establish further downside momentum.
For EUR/USD, keeping below 1.1700 will be the real challenge today for sellers in order to try and establish further downside momentum.
EU’s Barnier: We remain determined to strike a Brexit deal
Comments by EU chief Brexit negotiator, Michel Barnier
The context here is that he was asked if he is optimistic about a deal, in which he responds that he remains „determined“ and refuses to comment on the internal market bill.
The context here is that he was asked if he is optimistic about a deal, in which he responds that he remains „determined“ and refuses to comment on the internal market bill.
German cabinet reportedly approves 2021 draft budget, new debt of €96.2 billion
Reuters reports, citing an unnamed official
The €96.2 billion in new debt – to be used to finance measures in tackling the virus crisis – would be the second-highest since the end of WWII and comes after the government already took on a record borrowing of roughly €218 billion this year.
The €96.2 billion in new debt – to be used to finance measures in tackling the virus crisis – would be the second-highest since the end of WWII and comes after the government already took on a record borrowing of roughly €218 billion this year.