by Calculated Risk on 3/20/2025 08:30:00 AM The DOL reported: In the week ending March 15, the advance figure for seasonally adjusted initial claims was 223,000, an increase of 2,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 220,000 to 221,000. The 4-week moving average was 227,000,…
by Calculated Risk on 3/19/2025 07:43:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 224 initial claims up from 220 thousand last week. • Also at 8:30 AM, the Philly Fed manufacturing…
by Calculated Risk on 3/19/2025 04:26:00 PM Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints about the trade report since LA area ports handle about 40% of the nation’s container port traffic. The following graphs are for inbound and outbound traffic at the…
For the first time in history, gold quotes overcame the psychological level of $3,000, reaching $3,004.95. During today’s trading, the quotes dropped slightly to $2,994.3. This price jump is part of a long-term trend: gold has risen in price by 14% since the beginning of the year, and by 82% over the past five years….
by Calculated Risk on 3/19/2025 09:23:00 AM Today, in the Calculated Risk Real Estate Newsletter: California Home Sales Up 2.6% YoY in February; 4th Look at Local Housing Markets A brief excerpt: Here are a few more local markets prior to the NAR release tomorrow. The NAR is scheduled to release February Existing Home sales…
The global market is currently struggling to find balance in key currency pairs and stock instruments. This is particularly challenging given the recent decline of the euro and the weakness of the dollar. Adding to the pressure are relatively pessimistic forecasts for major global indices. On Tuesday, March 18, the EUR/USD pair traded with slight…
by Calculated Risk on 3/18/2025 07:38:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday:• At 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • During the day: The AIA’s Architecture Billings Index for February (a leading indicator for commercial…
by Calculated Risk on 3/18/2025 02:58:00 PM From the Las Vegas Visitor Authority: January 2025 Las Vegas Visitor Statistics Las Vegas started the year with January visitation of approx. 3.34M visitors, down 1.1% from last January. Las Vegas convention attendance reached roughly 629k in January, up 12.8% YoY, supported in part by strong attendance at…
by Calculated Risk on 3/18/2025 09:38:00 AM Today, in the Calculated Risk Real Estate Newsletter: Housing Starts Increased to 1.501 million Annual Rate in February A brief excerpt: Total housing starts in February were above expectations; however, starts in December and January were revised down slightly, combined. The third graph shows the month-to-month comparison for…
The European Union does not impose sanctions against Russian LNG, waiting for an agreement with the United States on the supply of American gas. This slows down further energy sanctions and plans to phase out Russian fuel. The EU also will not publish a roadmap for reducing dependence on Russian energy resources. If negotiations with…