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Wednesday, May 7, 2025

European Markets Wrap-Up: US MBA mortgage applications w.e. 2 May +11.0% vs -4.2% prior

US MBA mortgage applications w.e. 2 May +11.0% vs -4.2% prior

Prior -4.2% Market index 248.4 vs 223.7 prior Purchase index 162.8 vs 146.6 prior Refinance index 721.0 vs 649.0 prior 30-year mortgage rate 6.84% vs 6.89% prior... 

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Bitcoin consolidates above a key level as all-time highs continue to be in sight

It shouldn't be surprising that as the stock market rebounded on positive expectations for trade deals, so did Bitcoin. The cryptocurrency is driven by the same macro factors that influence the stock... 

EU reportedly eyes tariffs on Boeing if trade talks with US go south

It is being reported that the EU would look to propose tariffs on Boeing aircraft as potential retaliation in case trade talks with the US go south. The tariffs will be part of a list of about €100bn... 

TMGM Proudly Joins as Gold Sponsor of #YumiStanap Vanuatu 2025

TMGM, a global leader in online trading and investment services, proudly stood at the forefront of Vanuatu's economic dialogue as the Gold Sponsor of the highly anticipated #YumiStanap Vanuatu event.... 

Will the Fed offer a dip-buying opportunity today for the S&P 500?

We had a good run in the S&P 500 as the market continued to rally on de-escalation expectations. There's an old adage saying that "bull markets climb a wall of worry" and that's exactly what happe... 

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FX option expiries for 7 May 10am New York cut

There aren't any major expiries to take note of on the day. As things stand, trade headlines remain the biggest driver of price action and we got a taste of that earlier with some positive news on US-... 

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