Market Analysis
US 30-Year Mortgage Rate Climbs to Highest Level Since 2000 at 7.48%
The 30-year mortgage rate rose to 7.48% this week, marking the highest level in 20 years.
Total Stories
66
News
Interest Rates
Section
Interest Rates
Policy
88% Chance of No Hike at Next FOMC Meeting: CME FedWatch Tool
The odds of skipping a rate hike in September currently sit at 88.5%, per fed funds futures data.
Market Analysis
CME Data Shows a 90.5% Probability of Fed Pausing After July CPI Print
Expectations that the Fed will pause rate hikes after the latest CPI print stand at more than 90%, per the CME FedWatch tool.
Market Analysis
US Macro: CPI at 3.2%, Jobless Claims Grow
CPI print showed inflation rose to 3.2% annually in July, compared to the expected 3.3%.
Market Analysis
Core PCE Drops to 4.1%, Lowest in Over Two Years, as US Inflation Cools
The odds of US soft landing are rising as Fed's preferred gauge of inflation fell considerably in June to 4.1%, from 4.6% in May.
Market Analysis
Oil on Track for 5th Week of Gains as US Soft Landing Seems Possible
Oil prices are on track to rise for the fifth consecutive week as further supply cuts and soft landing prospects lead to greater appetite for risk…
Policy
Chances of a 25 BPS Hike at 98.9% as FOMC Decision Due Today
According to fed futures data, there is a nearly 99% chance that the Fed will hike rates by 25 bps on July 26.
Forex
The US Dollar Nears 15-Month Low as FOMC Decision Looms
The US dollar dropped to a near 15-month low on Tuesday.
Market Analysis
US CPI Fell to 3% in June, Fed Expected to Continue with Rate Hikes
June CPI report showed that inflation fell to 3% last month, while core CPI declined to 4.8%.
Market Analysis
US Labour Market Strong Despite 500 BPS Interest Rate Hike Since 2022
Private companies in the US added 497,000 new jobs in June, up from 267,000 in May.
Market Analysis
US PPI in May Dropped to 1.1%, Lowest Since December 2020
US producer price index fell to 1.1% in May, lower than the expected 1.5%.
Market Analysis
US Annual CPI at 4% in May: What’s Next for the Fed?
The Fed is set to meet on June 14 and decide its next policy move.
Best Stocks
Investors Withdraw $18.8B from Global Equity Funds Due to Rate Hike Fears
Investors withdrew $736 million and $552 million from tech and utility sectors, respectively.