Mortgage market index falls to 22-year low -MBA
(Reuters) – A measure of mortgage loan application volume fell to its lowest level in 22 years last week, Mortgage Bankers Association data showed on Wednesday, as the Federal Reserve’s…
(Reuters) – A measure of mortgage loan application volume fell to its lowest level in 22 years last week, Mortgage Bankers Association data showed on Wednesday, as the Federal Reserve’s…
BERLIN – Food deliverer Delivery Hero will drop out of Germany’s blue chip stock index DAX replaced by consumer goods maker Beiersdorf from June 20, stock market operator Deutsche Boerse…
By Howard Schneider WASHINGTON – Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery times, and air freight…
LOS ANGELES – A closely watched transportation report on Thursday said “the prospect of freight recession is now considerable” as the spending shift from goods to services accelerates, inflation erodes…
SANTIAGO – Chile’s IMACEC economic activity index, a close proxy of gross domestic product (GDP), rose 7.2% in March from the same month last year, the country’s central bank said…
(Reuters) – MSCI’s emerging market eastern Europe equity index dropped as much as 1.2% in early trading on Wednesday after Russia cut gas supplies to Poland and Bulgaria. This is…
By Jihoon Lee and Yena Park SEOUL -South Korea’s finance minister will lobby for the country to be included in the Morgan Stanley Capital International (MSCI) developed market index when…
By Bansari Mayur Kamdar – Canada’s benchmark index extended losses for a third straight session on Tuesday, as weakness in energy and metal prices due to rising COVID-19 cases in…
By Alexander Schummer and Fergal Smith TORONTO – As Russia’s invasion of Ukraine disrupts the global economy and drives up oil, gold and industrial metal prices, investors are embracing Canada’s…
By Howard Schneider WASHINGTON – One-year U.S. inflation expectations have rocketed higher since Russia’s invasion of Ukraine and the longer-term outlook has begun increasing as well, a development likely to…
LONDON – JPMorgan said there was no immediate impact from sanctions on Russia at the month-end rebalancing of its emerging market bond indexes. The indexes are key performance benchmarks for…
LONDON – JPMorgan has said it may have to review plans to start including Ukraine government bonds in it influential GBI-Emerging Markets index at the end of the next month…
TOKYO – An index measuring the prices Japanese firms charge each other for services hit a more than two-decade high in December, a sign inflationary pressure was building on rising…
Inflation continues to soar throughout the U.S., with the Personal Consumption Expenditures (PCE) price index increasing to the highest level in almost 42 years while consumer spending cools, the Bureau…
The Producer Price Index (PPI), which measures inflation at the wholesale level, soared 9.6% year-over-year as of November, growing at the fastest rate ever measured, the U.S. Bureau of Labor…