XLF: Why Financials Are Outperforming Now
XLF led all sector ETF performance following Trump’s decisive win.
XLF led all sector ETF performance following Trump’s decisive win.
Deutsche Bank revised its forecast for the European Central Bank’s (ECB) terminal rate, lowering it from 2.25% to 1.50%, reflecting growing concerns about weaker...
By Sarah Marsh, Andreas Rinke BERLIN (Reuters) -German opposition parties and business groups on Thursday urged Chancellor Olaf Scholz to trigger a new election quickly to...
U.Today - Michael Saylor, an American businessman, CEO of software giant MicroStrategy and a well-known Bitcoin supporter, released a new post on the topic of the main...
WASHINGTON (Reuters) -U.S. mortgage rates increased to a four-month high this week and could rise further amid fears that President-elect Donald Trump's proposed economic policies could stoke inflation. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.79%, the highest level since July, from 6.72% last week, mortgage finance agency Freddie Mac said on Thursday. As supply remains below pre-pandemic levels, rising mortgage rates and elevated house prices have combined to stifle sales of previously owned homes, which hit a 14-year low in September.
The Federal Reserve is tipped to cut interest rates by 25 basis points at the end of its policy meeting on Thursday, according to a survey of readers on the social...
Money markets are strongly betting that the benchmark rate will fall from its current level of 5% to 4.75%.
ATHENS (Reuters) - The European economy would suffer if Donald Trump enacted his pledges on tariffs and trade barriers, and this could impact European Central Bank policy, Greek...
In a recent report, the Energy Information Administration (EIA) announced the latest figures for the Natural Gas Storage. The report measures the change in the number of cubic feet...
Rising U.S. Treasury yields and a strengthening in the value of the dollar in the wake of Donald Trump's return to the White House are threatening to counteract the Federal Reserve's efforts to lower interest rates. The Federal Reserve is expected to cut its benchmark interest rate by 25 basis points on Thursday, marking a back-to-back reduction and bringing the policy rate to a range of 4.5%-4.75%, the lowest since February 2023. The bond market appears less influenced by the Fed's dovish stanc