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Wednesday, May 14, 2025

European Markets Wrap-Up: US MBA mortgage applications w.e. 9 May +1.1% vs +11.0% prior

US MBA mortgage applications w.e. 9 May +1.1% vs +11.0% prior

Prior +11.0% Market index 251.2 vs 248.4 prior Purchase index 166.5 vs 162.8 prior Refinance index 718.1 vs 721.0 prior 30-year mortgage rate 6.86% vs 6.84% prior Mortgage applications saw a minor inc... 

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Q&A: EBC and International University of Ulaanbaatar's Vision for Mongolia's Youth

EBC Financial Group has partnered with the International University of Ulaanbaatar (IUU) to bridge the gap between academic learning and real-world financial experience for Mongolia's youth. This coll... 

Trump: I'm a big crypto fan

I'm a big crypto fan. He's giving some general comments on various topics but given the positive sentiment in the market I wouldn't be surprised to see Bitcoin rallying just on this single comment. Mo... 

Crude oil is back at the key resistance zone as a breakout becomes likely

The crude oil market has been battered by negative news on both the demand and supply side in April and that weighed a lot on prices. More recently, the demand side of the equation started to improve... 

Fed's Goolsbee: It will take time for current inflation trends to show up in the data

Some part of April inflation represents lagged nature of data Fed is still very much holding its breath Right now is a time for the Fed to wait for more information, try to get past the noise in the d... 

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Latest Forex Orders

FX option expiries for 14 May 10am New York cut

There are a couple to take note of on the board for the day, as highlighted in bold . The first one is for EUR/USD at the 1.1175 level. It's not one that holds any technical significance but could hel... 

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