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Wednesday, June 11, 2025

European Markets Wrap-Up: US MBA mortgage applications w.e. 6 June +12.5% vs -3.9% prior

US MBA mortgage applications w.e. 6 June +12.5% vs -3.9% prior

Prior -3.9% Market index 254.6 vs 226.4 prior Purchase index 170.9 vs 155.0 prior Refinance index 707.4 vs 611.8 prior 30-year mortgage rate 6.93% vs 6.92% prior After weeks of slumping, mortgage appl... 

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Trump on whether he could reconcile with Musk: I guess I could

Well, it looks like the tensions are behind us. At some point, it looked like a real risk for the economy as a whole as Musk could try to block the Trump's tax bill. That's what led to the selloff in... 

Trump says court ruling to allow tariffs to stay in place is a great and important win

"A Federal Appeals Court has just ruled that the United States can use TARIFFS to protect itself against other countries. A great and important win for the U.S." In case you missed the news from overn... 

Trump: Less confident about Iran deal

Less confident about Iran deal. Crude oil prices are surging on this comment made in a New York Post Podcast interview. Unfortunately it was reported a bit later by the newswires, so those who caught... 

A New Chapter for Money: Blending Crypto and Traditional Systems

Consider moving money around the world in seconds or buying a stake in a building by simply holding a digital token. These concepts would have appeared unthinkable a few years ago. However, in 2025, u... 

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FX option expiries for 11 June 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first one being for EUR/USD at the 1.1400 level once more. The expiries are likely to keep price action more limited in the... 

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