Source: Reuters US home loan interest rates climbed to a three-year low in the past week, with homebuyers rushing to make acquisitions before rates jump even higher. XHB is up 1.43%, while ITB is up 1.58%. The average contract rate for the 30-year fixed-rate mortgage climbed 5.13% in the week ending April 8, up from 4.90% the previous week.This is 1.5 percentage points … [Read more...] about US Home Loan Rates Jump to Highest Since November 2018
Commercial Crude Inventories Seen to Have Dropped to Eight-Year Low in Q1
Source: Energy Information Administration Commercial crude oil inventories in member countries of the Organization for Economic Co-operation and Development (OECD) are expected to have hit an eight-year low in the first quarter of the year. OIL is up 1.65%, while USO is up 1.58%. The EIA estimated that the commercial oil inventories in the OECD hit 2.61 billion barrels in … [Read more...] about Commercial Crude Inventories Seen to Have Dropped to Eight-Year Low in Q1
UK Inflation Soars to Historic High in March
Source: Office for National Statistics Inflation in the United Kingdom climbed to its highest level in three decades in March, driven mainly by higher prices of motor fuels. EWU is up 0.48%, while EZU is up 0.05% premarket. The consumer prices index clocked in at 7.0% in March, up from 6.2% in February and 0.7% in March 2021. This is the highest since March 1992’s … [Read more...] about UK Inflation Soars to Historic High in March
UK House Prices Jump by Annual 10.9% in February
Source: Office for National Statistics The average house price rose by 10.9% over the year to February 2022, an increase from 10.2% in January 2022. FTSE 100 up +0.0065%, GBPUSD down -0.01% Prices increased by 0.8% in the month, after a 1.1 monthly increase in January despite the possibility of rate hikes to ease inflation, driving up borrowing costs.The annual house … [Read more...] about UK House Prices Jump by Annual 10.9% in February
CryptoHero Review: An Unbiased Crypto Bot Analysis
CryptoHero is a multi-platform crypto bot that trades automatically and includes multiple exchange integrations where the trader can manage multiple accounts from a single webpage. AI optimised indicators give information about the best opportunities in the market. Trading can be done on several exchanges like Binance, Coinbase pro, crypto.com, and many more. CryptoHero … [Read more...] about CryptoHero Review: An Unbiased Crypto Bot Analysis
