Economy News

Economy

Surge in US Mortgage Applications: A 20.4% Leap Forward

US mortgage applications surged by 20.4% recently, with a notable decrease in the average contract interest rate for 30-year fixed-rate mortgages. The purchase and refinance indice...

Economy

Surge in US Mortgage Applications: A 20.4% Jump Signals Strong Housing Market Momentum

US mortgage applications have surged by 20.4%, with a notable decrease in interest rates to 6.73%. The purchase and refinance indices also show significant growth, signaling a robu...

Economy

Surge in US Mortgage Applications: A 20.4% Jump Signals Strong Spring Homebuying Season

US mortgage applications have risen by 20.4%, with a notable drop in interest rates to 6.73% for 30-year fixed-rate mortgages. Both purchase and refinance indicators have increased...

Economy

Singapore's US$600 Vouchers: A Temporary Relief Amid Rising Costs, Says PM Lawrence Wong

Singapore introduces the SG60 package, offering up to SGD800 to citizens to combat rising costs. PM Lawrence Wong emphasizes long-term strategies over temporary relief, focusing on...

Economy

Swiss Inflation Rate Dips Slightly to 0.3% in February: A Closer Look

Switzerland's inflation rate slightly decreased to 0.3% in February, with the consumer price index rising by 0.6% monthly. Higher prices in clothing, footwear, and transport contri...

Economy

Germany's Fiscal Reform Sparks Surge in 10-Year Bond Yield to 2.72%

Germany's 10-year bond yield hits a high of 2.72% due to proposed fiscal reforms, including changes to the constitutional debt brake and a €500 billion infrastructure fund aimed at...

Economy

Eurozone's Producer Prices Surge by 0.8% in January: A Detailed Analysis

The Eurozone's producer prices increased by 0.8% in January, with the energy sector leading the growth. This article provides a detailed analysis of the monthly and annual changes ...

Economy

Unexpected Dip in Italian Retail Sales: A 0.4% Decline in January

Italian retail sales decreased by 0.4% in January, with food and non-food sales dropping by 0.3% and 0.5% respectively. However, a 0.9% year-over-year growth was observed, with foo...