Prior -8.1%Market index 425.1 vs 456.2 prior Purchase index 267.1 vs 265.4 priorRefinancing index 1,295.1 vs 1,522.7 prior30-year mortgage rate 4.80% vs 4.50% priorThe fall in mortgage applications comes from another drop in refinancing activity, as the 30-year mortgage rate surges by 30 bps to its

Some of your investment dollars would likely end up
in stocks, whether you’re investing through a broker, for retirement, or with
an expert advisor (EA). However, holding individual stocks is not as common as
owning stock mutual funds and exchange-traded funds (ETFs).

 

Now the question is,
shou

Risk-on.The latest talks between Russia and Ukraine are producing some positive undertones as Ukraine cites progress and Russia also saying that talks were „constructive“. Going one better, Russia says that it is taking steps to deescalate the conflict in Ukraine. Of note, they are to cut militar

The headline in itself seems to suggest that we’re headed towards a Putin-Zelensky meeting but if I were to read it, it just means that they have laid out the groundwork for such a meeting to take place.Ukraine have put forward its proposal here and Russia has now responded by saying that they will

That would include not having foreign military basesFirst of all, a referendum in Ukraine would be needed on terms of agreement with RussiaIsrael, Poland, Canada, Turkey could be among Ukraine security guarantors under new systemWell, that’s at least a different approach but we will have to see what

This according to the Japanese ministry of finance, as part of the latest sanctions against Russia over the war in Ukraine.

There’s been some back and forth trading in the dollar during the session but we’re now seeing the euro push higher upon a break of its 200-hour moving average (blue line) @ 1.1018 earlier. There are large option expiries that are hanging around 1.1000, so I would still be mindful of that but

It’s not entirely uncommon to see 4-5% swings in oil prices these days and today is no exception.Oil is dragged lower to start the new week with concerns creeping in after Shanghai is sent into a nine-day lockdown. Growing concerns about the global economy is also adding to that but again, the v

There are risks in both directions for the outlookVery large trade off between inflation and outputAppropriate to tighten policy in these circumstancesBut there are risks on both sides to inflationThe change in language on rates outlook reflected the level of uncertainty, risksIn case you were wonde

There isn’t anything significant on the board for today but considering the action in USD/JPY, it is interesting to take note of the lack of meaningful expiries around current spot levels.That perhaps is also helping to exacerbate the sizable moves as price hits the 125.00 level today. And there