EUR/USD
1.15400
-0.018%
Gold
4383.09
-0.162%
Oil
81.147
-0.360%
USD/JPY
159.232
-0.043%
GBP/USD
1.35036
-0.021%
GBP/JPY
215.025
-0.061%
Real-time News
On August 11, US President Trump stated, "Irans inflation is currently at 300%, and its currency is worthless. The Iranians are not paying their soldiers salaries, and we have complete control over Irans finances. The United States can use powerful force to strike Iran, and we have no shortage of missiles or munitions."Market news: US President Trump said that Irans inflation rate is as high as 300%, and its currency is worthless.August 11th - U.S. existing home sales fell to a three-month low in July, with high home prices and mortgage rates continuing to weigh on the housing market. Data released Tuesday by the National Association of Realtors (NAR) showed that contracted sales fell 1.7% month-over-month in July to an annualized rate of 4.06 million units, in line with the median forecast in a survey of economists. The weak sales figures indicate that the housing market remains sluggish, with persistently high listing prices and rising borrowing costs deterring many potential buyers. The existing home market has been hovering around an annualized rate of 4 million units since the end of 2022, awaiting a catalyst for a sustained rebound. NAR Chief Economist Lawrence Yun stated in a press release, "Home sales have been very stable, and even with the recent rise in mortgage rates, if the average mortgage rate could return to near 6%, theres no doubt the housing market would thrive."Market news: US President Trump said the reason for the US ammunition shortage is that Joe Biden provided $300 billion in aid to Ukraine.A U.S. State Department official said that negotiations between Lebanon and Israel are expected to resume in Rome in early September.
