4/12/2021 10:10:56 AM GMT
PPI explodes higher…..will CPI follow?
Powell takes to 60 mins and says again – ‘Don’t worry’.
Big macro data week and earnings are set to begin on Wednesday.
Global markets all lower as consolidation begins.
Try the Spaghetti al’ Tonno.
Friday 8:30 am……the gov’t was expected to announce the PPI report……and then nothing…….no announcement…. the screen was blank….…. the gov’t had a ‘tech failure’ that prevented the data from hitting the tape…. leaving investors, and markets to wonder what had happened…. the news finally hitting the ‘Twittersphere’ at about 8:45 am…and what did it show? It showed a surge in input prices, it showed exactly what we had feared and what the FED had been preparing for all week….
Mortgage App Volume Declines, Refinancing Down 30 Percent
mortgagenewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagenewsdaily.com Daily Mail and Mail on Sunday newspapers.
Economic Events - Tomorrow s Events | 30 March 2021
stockmarketwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmarketwire.com Daily Mail and Mail on Sunday newspapers.
Refi Demand Plummets to Six-Month Low Mar 17 2021, 3:54AM
Mortgage application volume declined
again during the week ended March 12, as refinancing deflated in the face of
rising interest rates. The Mortgage Bankers Association (MBA) said its Market
Composite Index, a measure of that volume, decreased 2.2 percent on a
seasonally adjusted basis from one week earlier and was down 2 percent on an
unadjusted basis.
The Refinance Index
decreased 4 percent from the previous week and was 39 percent lower than the
same week one year ago. The index has declined in all but three weeks since the
beginning of 2021 and is now 39 percent lower than during the same week in
US Dollar Index looks firmer and approaches 92 00
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.