The 30-year fixed-rate mortgage moved from 6.72% to 6.63% in the current week (-9 basis points). Over that same period, the 10-year yield moved from 4.38% to 4.23% today (-15 basis points). Looking at the chart of the 30-year mortgage, the low came in 2021 near 2.65%. The high was in October 2023 near 7.79%. […]
Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday. The report said labor productivity shot up by 2.4 percent in the second quarter after tumbling by a downwardly revised 1.8 percent in the first quarter. Economists had expected
Since last Friday’s Non-Farm Payrolls number, the Greenback has been getting obliterated, retreating from the 100.00 landmark in the DXY to touching high 97.00 levels.Markets are quickly moving towards a heavy pricing of FED cuts which is hurting the Dollar and supporting strongly Equities in their ongoing rebound.It will be essential to see how US
2025.08.07 2025.08.07 DraftKings (DKNG) Stock Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ DraftKings Inc. is a digital company that provides online sportsbook services in the US. Besides, the company develops sports gaming products and software (iGaming) for retail bookmakers. The company is actively broadening its market presence by forging new strategic
Niche FX crosses pop up in mutual fund options activity – FX Markets Skip to main content End of drawer navigation content Counterparty Radar: Fund filings reveal unusual FX options crosses – some never repeated, many with unclear strategies Over the five years of Counterparty Radar analysis, we’ve typically tracked the biggest trading firms, the
GBP/USD Forecast: Pound Sterling tests key resistance, eyes on BoE GBP/USD holds its ground and trades above 1.3350 after posting strong gains on Wednesday. Investors stay on the sidelines while waiting for the Bank of England (BoE) to announce monetary policy decisions. The renewed selling pressure surrounding the US Dollar (USD) allowed GBP/USD to gather
2025.08.07 2025.08.07 Pound’s Rescue Comes From Beyond the UK. Forecast as of 07.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ What matters more for the Bank of England: taming inflation or unemployment? Will the UK government choose to break its fiscal rules or its promises to voters? These are tough choices, but the British pound doesn’t seem to mind. Despite
The UK banking sector continues to offer value opportunities, and Barclays stands out with first-half 2025 pre-tax profits jumping 23-24% to £5.2 billion. This performance was supported by resilient investment banking revenues, demonstrating the benefits of the bank’s diversified business model. The announcement of a £1 billion share buyback scheme alongside a confirmed interim dividend of
Since the softer than expected NFP report, Fed members started to line up for a September cut. Overall, the data wasn’t as bad as one might think by just looking at the reaction but given that we were positioned for a strong report and the pricing got more hawkish after the Fed’s decision, the weaker
UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax revealed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a
Gold price attracts some safe-haven flows in reaction to Trump’s fresh tariff threats. Rising bets for a Fed rate cut in September also benefit the non-yielding commodity. The USD drops to a nearly two-week low and offers additional support to XAU/USD. Gold price (XAU/USD) climbs to the top end of the weekly range during the
2025.08.07 2025.08.07 The Dollar Isn’t Rushing Back. Forecast as of 07.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ High labor costs, ongoing uncertainty around US trade policy, and tariffs that aren’t high enough are discouraging companies from returning to America. Let’s discuss it and make a trading plan for EUR/USD. The article covers the following subjects: Major Takeaways US import
The meeting will be held this afternoon as key figures in Switzerland now need to think about what to do next after the trade delegation returns home empty-handed. Well, it was to be expected as there was not even a meeting arrange with Trump. And if there was a deal to be struck, you’d know
Better than expected Chinese exports in July 2025. Exports +7.2% y/y expected +5.4%, prior 5.8% Imports +4.1% y/y expected -1.0%, prior +1.1% Trade balance is a surplus of 84.2bn USD expected 105bn, prior 114.8bn Exports to the US are down 21.6% y/y in July, but of course trans shipments are hidden in these numebrs These
The Japanese Yen attracts fresh sellers amid reports of additional US tariffs. Mixed BoJ rate hike cues further undermine the JPY amid a positive risk tone. Rising September Fed rate cut bets weigh on the USD and cap the USD/JPY pair. The Japanese Yen (JPY) remains on the back foot through the Asian session on
Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday. That beat expectations for a surplus of A$3.180 billion and was up from the downwardly revised A$1.604 billion in May (originally A$ A$2.238 billion). Exports jumped 6.0 percent on month to A$44.318 billion following
Trade data from Australia for June 2025. A huge surplus, way beyond estimates. 5,365mn expected 3,250mn, prior 2,238mn Exports +6.0% m/m, this is the quickest pace of increase since September 2022 Imports -3.1%, both consumer and capital goods imports fell That imports result could be cause for concerns, a healthy economy usually likes to suck
