EUR/GBP trades in positive territory around 0.8625 in Thursday’s early European session. EU hopes to agree to a US tariff deal ‘in coming days.’ The UK monthly GDP report will be published on Friday. The EUR/GBP cross trades with mild gains near 0.8625 during the early European session on Thursday. Optimism around the United States…
by Calculated Risk on 7/09/2025 08:17:00 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 initial claims to increase to 235 thousand from 233 thousand last week. Source link
by Calculated Risk on 7/09/2025 02:00:00 PM Different views on possible rate cuts (see paragraph 2). From the Fed: Minutes of the Federal Open Market Committee, June 17–18, 2025. Excerpt: In considering the outlook for monetary policy, participants generally agreed that, with economic growth and the labor market still solid and current monetary policy moderately…
by Calculated Risk on 7/09/2025 01:22:00 PM This data is as of July 8, 2025. Click on graph for larger image. This data shows the 7-day average of daily total traveler throughput from the TSA for the last 6 years. Air travel is essentially unchanged YoY (7-day average up about 1.8% YoY). The red line…
by Calculated Risk on 7/09/2025 10:24:00 AM Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-July 2025 A brief excerpt: This 2-part overview for mid-July provides a snapshot of the current housing market. The key stories for existing homes are that inventory is increasing sharply,…
by Calculated Risk on 7/09/2025 07:00:00 AM From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 9.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 4, 2025. Last week’s results included an adjustment for the…
by Calculated Risk on 7/08/2025 06:43:00 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. • At 2:00 PM, FOMC Minutes, Meeting of June 17-18 Source link
by Calculated Risk on 7/08/2025 11:05:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in June A brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals regional differences in both sales and inventory. Closed sales in June were mostly…
by Calculated Risk on 7/08/2025 09:22:00 AM From Manheim Consulting today: Wholesale Used-Vehicle Prices Increase in June Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above…
by Calculated Risk on 7/08/2025 08:31:00 AM Note: Usually small business owners complain about taxes and regulations (currently 1st and 6th on the “Single Most Important Problem” list). During a recession, “poor sales” is usually the top problem and recently “inflation” was number 1. From the National Federation of Independent Business (NFIB): June 2025 Report:…