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The debt-ceiling negotiations are front of mind for most people (that... and probably AI stocks), but don’t expect too much of a reaction to the debt-ceiling agreement. The stock market already rallied hard last week, meaning much of the good news is baked into prices, and expectations of another Federal Reserve interest rate hike should further dampen upside.
By Mark Paoletti Mortgage Elements Inc. The Mortgage Economic Review is a monthly summary of key economic indicators, data, and events pertinent to mortgage and real estate professionals. At A Glance: Key Economic Data and Events during July 2022
Stock market futures, particularly in rate-sensitive areas, fell in wake of a hotter-than-expected employment report. Read what this means for the market.
By Mark Paoletti Mortgage Elements Inc The Mortgage Economic Review is a monthly summary of key economic indicators, data, and events pertinent to mortgage and real estate professionals. AT A GLANCE: Key Economic Data and Events during June 2022
The euro came out of the intense week relatively unscathed as it heads into another stacked week full of key economic data while EUR/USD holds above 1.05.