US MBA mortgage applications w.e. 22 January -4.1% vs -1.9% prior 0 (0)

Latest data from the Mortgage Bankers Association for the week ending 22 January 2021
–  -1.9%
– Market index 907.6 vs 946.8 prior
– Refinancing index 4,261.5 vs 4,484.2 prior
The drop here stems from a decline in purchases and refinancing activity in the past week, but comes on the back of a two weeks back. As such,

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Equities fall further on the session, all eyes still on the Fed 0 (0)

European indices fall to fresh session lows
The DAX is now down by over 1% as European indices are seeing red across the board. Adding to that is US futures also falling to fresh lows on the day. S&P 500 futures are down 0.3% while Nasdaq futures are seeing gains trimmed to 0.3% now.

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