EUR/USD
1.16205
0.199%
Gold
4475.15
0.920%
Oil
90.565
-3.803%
USD/JPY
159.988
-0.056%
GBP/USD
1.34321
0.116%
GBP/JPY
214.902
0.062%
Real-time News
Federal Reserve: In the week ending June 3, outstanding U.S. commercial paper (not seasonally adjusted) increased by $24 billion. Outstanding U.S. commercial paper (not seasonally adjusted) held by foreign financial institutions increased by $10 billion. Outstanding U.S. commercial paper (seasonally adjusted) increased by $10.7 billion.U.S. Treasury Secretary Bessenter: Future exemptions for Russian oil will be approved on a country-by-country basis. Exemptions for Russian oil would help lower energy prices.Israel Defense Forces: The Israel Defense Forces and the Israel Security Service launched a raid in northern Gaza late Thursday night, killing a senior member of Hamas’s General Security Agency.Federal Reserve officials Schmid and Daly will speak in ten minutes.June 5th - US mortgage rates dipped slightly last week as sellers struggled to find buyers willing to accept their offers. According to Freddie Mac data, the average 30-year fixed mortgage rate fell to 6.48% from 6.53%. A year ago, the rate was 6.85%. The peak sales season is facing pressure from high borrowing costs as economic uncertainty stemming from the Iran war pushes up inflation expectations and keeps mortgage rates high. Inventory growth outpaces demand, making it difficult for many sellers across the country to attract bids. Redfin real estate agent Patricia Ammann stated that the upward momentum in home prices is not as strong as it was five years ago, as high gasoline prices and rising living costs have made potential buyers less willing to push up prices.
