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Rwanda’s Inflation Eases Slightly in May as CPI Slips to 12.9% Year-on-Year
Rwanda’s consumer price inflation edged down in May 2026, with the year-on-year Consumer Price Index (CPI) reading easing to 12.90%, compared with 13.00% in April 2026. The data, updated...
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Pound Steady Below $1.34 on Middle East Unrest
The British pound traded just below $1.34 as escalating tensions in the Middle East coincided with growing expectations of a tighter monetary policy from the Bank of England...
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UK Gilt Yields Rise on Inflation Fears
UK 10-year gilt yields climbed toward 4.95%, their highest level since May 21, as inflation concerns deepened amid rising tensions in the Middle East. The US and Iran exchanged...
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Euro Holds Steady as Middle East Tensions Weigh
The euro held steady at $1.154, hovering near its weakest level in more than two months, as tensions in the Middle East intensified following renewed exchanges of strikes between...
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Bund Yields Surge on Inflation Fears and ECB Rate Hike Expectations
Yields on Germany’s 10-year Bunds approached 3.1% as inflation concerns intensified and expectations of a European Central Bank (ECB) interest rate hike strengthened. The move came against a backdrop...
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Oil Prices Up 1%
Crude oil rose 1% to $89 a barrel on Wednesday as traders reacted to escalating tensions in the Middle East. US President Donald Trump said Iran had taken too long...
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US Mortgage Rates Edge Higher: MBA
The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less rose to 6.6% in the week ended June 5, 2026, up from 6.57% the previous week...
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US Mortgage Applications Rise Most Since February
US mortgage applications rose 10.8% in the first week of June, according to data from the Mortgage Bankers Association. This rebound follows a 2.5% decline in the previous period...
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U.S. Mortgage Market Index Climbs to 280.1, Signaling Stronger Housing Activity
The U.S. Mortgage Market Index has risen to 280.1, up from the previous reading of 252.8, according to data updated on 10 June 2026. The increase in the index points...
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US MBA Mortgage Applications Jump 10.8% Week-Over-Week, Rebounding from Prior Decline
US mortgage demand saw a sharp rebound in the latest week, with MBA Mortgage Applications rising 10.8% week-over-week, according to data updated on 10 June 2026. This marks a strong...