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US MBA mortgage applications w.e. 4 July +9.4% vs +2.7% prior

US MBA mortgage applications w.e. 4 July +9.4% vs +2.7% prior

Market index 281.6 vs 257.5 prior Purchase index 180.9 vs 165.3 prior Refinance index 829.3 vs 759.7 prior 30-year mortgage rate 6.77% vs 6.79% prior This is never a market moving release. Mortgage applications are generally inversely correlated to mortgage rates. This article was written by Giuseppe Dellamotta at www.forexlive.com. Source link

Tesla board should set ‘ground rules’ for Musk’s political activities: analyst

Tesla board should set ‘ground rules’ for Musk’s political activities: analyst

OLeary Ventures Chairman Kevin OLeary stresses the importance of policy following Zohran Mamdanis NYC mayoral victory, President Donald Trump and Elon Musks relationship, the big, beautiful bill and the state of TikTok. Tesla CEO Elon Musk’s plan to launch a new political party has rekindled concerns about his political activism, distracting him from his duties as […]

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Down 10% from May, is it time for me to buy more of this high-yielding FTSE heavyweight?

Down 10% from May, is it time for me to buy more of this high-yielding FTSE heavyweight?

Image source: Getty Images Shares in the FTSE 100’s Imperial Brands (LSE: IMB) have dropped 10% from their £31.79 one-year traded high. Such a drop could indicate that the underlying business is fundamentally worth less than it was before. Or it could signal a terrific bargain-buying opportunity for investors whose portfolios it suits. How does […]

BoE's Bailey: Steepening in yield curves for bonds is not particularly UK-focused

BoE's Bailey: Steepening in yield curves for bonds is not particularly UK-focused

QT is an open decision. Global steepening of bond curves will have to be looked at carefully in annual QT decision. We are seeing firms tell us that higher uncertainty is delaying investment decisions, including capital raising. Caution on business investment will have some effect on employment. Yield curves have been steepening pretty much everywhere. […]

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Near a 5-year high, is there still value in the BT share price?

Near a 5-year high, is there still value in the BT share price?

Image source: BT Group plc The BT Group (LSE: BT.) share price has been on a tear this year, climbing an impressive 34% since January. That puts the stock near a five-year high — a level not seen since the pandemic. The question now is whether there’s still value left for investors, or if the […]