The days of wine and roses? – NVDA bucks the trend and rises by 9 3% fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
This morning I head to Kansas, greeted by the news that Southwest is raising drink fees for the holidays. Has the “Let’s circle back after the holidays” season officially begun in your office or in your meetings with vendors? Chortles aside, one of the discussion topics in KC will certainly be the impending move in credit prices as lenders everywhere move toward charging borrowers up front. Whether the cost change is driven by Fair Isacc or the credit bureaus, and then being passed along by the CRAs, it doesn’t matter. It’s coming, and the jungle drums are saying the price changes will impact soft credit pulls, which (or course) many lenders implemented to reduce their costs with the amount of credit reports run as it’s cheaper than the full hard credit pull. Some lenders may use Freddie or Fannie AUS. (Today’s podcast can be found here, sponsored by LoanCare, the mortgage subservicer known for delivering superior customer experience thr
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 10:00ET U of Mich Sentiment; 10:05ET Fed’s Powell speaks at Jackson Hole; 11:00ET Kansas City Fed Services Activity; 11:30ET Fed's Mester speaks on CNBC; 12:30ET Fed's Goolsbee speaks; 2:00ET Fed's Goolsbee speaks; 2:30ET Fed's Mester speaks; 3:00ET ECB's Lagarde speaks TODAY’S HIGHLIGHTS:
Gold prices were little changed on Friday and were heading for their second straight weekly decline, as prospects of more interest rate hikes by the U.S. Federal Reserve dented bullion s appeal. .