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Wednesday, April 16, 2025

European Markets Wrap-Up: US MBA mortgage applications w.e. 11 April -8.5% vs +20.0% prior

US MBA mortgage applications w.e. 11 April -8.5% vs +20.0% prior

Prior +20.0% Market index 267.5 vs 292.3 prior Purchase index 164.2 vs 172.7 prior Refinance index 841.9 vs 961.4 prior 30-year mortgage rate 6.81% vs 6.61% prior The spike in the average rate of the... 

tranche

Gold During Trade Wars – Safe or Not?

Trade wars and various economic crises lead to the search for safe assets. Gold has typically played a haven role during such periods, protecting investors from instability. However, given the intrica... 

Trump: Japan is coming in today to negotiate tariffs and the cost of military support

Japan is coming in today to negotiate tariffs, the cost of military support and "trade fairness". I will attend the meeting, along with Treasury and Commerce Secretaries. Hopefully something can be wo... 

China reportedly mulls requesting Airbus to supply any new jets with extra set of engines

From yesterday: China calls for its airlines to halt any further Boeing jet deliveries amid trade strife Bloomberg with the latest update on the matter, reporting that Beijing is considering to ask Ai... 

Could be something or could be nothing, but things are moving on US-China front

CNBC reported that China replaced its top international negotiator as talks with the US stalled. The new appointment makes Li Chenggang, a key member of China's trade negotiation team. This could be a... 

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Latest Forex Orders

FX option expiries for 16 April 10am New York cut

There are some big ones to take note of on the day, as highlighted in bold . But again as a caveat, do be reminded that trading sentiment continues to be more influenced by the broader market sentimen... 

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