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  • Forex » US Mortgage Applications Rise Again
    April 16, 2014, 11:06 GMT

    The Mortgage Bankers Association has just published this week’s Mortgage Applications data. New applications have risen 4.3% on the week following on from last week’s 1.6% drop. These slight blips in the mortgage figures are not cause for concern, the US housing recovery is robust and it is natural to notice some volatility in short

  • With the US government closure and potential debt default now in the rear view mirror, investors will begin to focus on economic data which will hit the tapes this week. The backlog of US economic data points which include September’s employment report will help investors paint an economic picture which will give central bankers a

  • Senate Democrats and Republicans expressed growing optimism the US government will avoid breaching the debt ceiling Thursday, as both sides coalesce to end the first partial government shutdown in 17 years. The federal government has been in partial shutdown mode since October 1 after House Republicans and Senate Democrats failed to reach an accord to

  • The dollar faced pressure on Tuesday, as the US government shut down for the first time in 17 years. House Republicans and Senate Democrats were unable to reach an agreement that would allow the government to be able to continue to function for the balance of 2013. UK data was slightly worse than expected, but

  • Finance News » Forex » Gold futures rise on US debt ceiling debate
    September 25, 2013, 19:59 GMT

    Escalating tensions concerning the US debt ceiling drove gold futures higher for the first time in the last four sessions, as market participants weigh the likelihood of a US government shutdown. The US federal government is at risk of shutting down October 1 if the House of Representatives fail to reach an agreement to raise