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News
British Pound rallies as fiscal worries and rate gap hammer Yen
5+ min ago (291+ words) The GBP/JPY cross catches aggressive bids at the start of a new week and builds on its strong recovery move from the vicinity of mid-209.00s, or the lowest level since early March touched last Monday. The momentum lifts spot prices…...
Mortgage rates rise for first time since April: Moneyfacts
41+ min ago (215+ words) Mortgage rate reversals in July have wiped out a month of cuts. Mortgage lenders reversed course on mortgage rate cuts in July, with fixed rates rising and the lifespan of a deal falling to 11 days, the latest Moneyfacts data shows....
Analysts expect gilt yields to fall before 28 October budget
17+ min ago (536+ words) The forecasts come weeks after Andy Burnham’s new government took office and ahead of John Healey’s first budget as chancellor. Analysts and investors said the UK’s inflation outlook supports the chances of interest rate cuts. Concerns about the credibility of…...
Kotak Launches Hybrid Home Loan With 65-Month Rate Lock
30+ min ago (163+ words) A break from tracking interest-rate reviews and worrying about their possible impact on EMIs A rate lock of up to 65 months to help customers plan household and life expenses Customers can choose a fixed-rate period of 39, 52 or 65 months, during which…...
Westpac reports 20% drop in mortgage applications after Australia scraps tax breaks
6+ hour, 43+ min ago (530+ words) By Scott Murdoch and Rajasik Mukherjee SYDNEY, Aug 10 (Reuters) – Australia’s second-largest lender Westpac Banking Corp reported a 20% fall in mortgage applications and forecast investor housing credit growth to halve next year, as the Labor government’s tax changes weigh on property…...
Currencies: Euro exchange rate against the US dollar barely changed
1+ hour, 4+ min ago (123+ words) Published on 08/10/2026 at 03:09 am EDT FRANKFURT (dpa-AFX) - The euro started the new trading week on Monday little changed. In the morning, the single currency was trading at $1.1554, roughly the same level as in late Friday trading. The European Central Bank…...
The USD is at a crossroads ahead of CPI, while the AUD awaits RBA rate decision
42+ min ago (597+ words) The US dollar weakened across the board on Friday following a softer than expected NFP report, with the headline showing negative payroll growth and average hourly earnings missing forecasts by a notable margin. The data triggered a dovish repricing in…...
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
7+ hour, 30+ min ago (87+ words) Current Spread in Yield Basis Points U.S. 4.668 % Australia 4.979 % 31.1 Belgium 3.655 % -101.4 Canada 3.640 % -102.9 Denmark 2.943 % -172.5 France 3.918 % -75.0 Germany 3.148 % -152.0 Italy 3.897 % -77.1 Japan 2.804 % -186.4 Netherlands 3.218 % -145.0 Spain 3.566 % -110.2 Sweden 2.992 % -167.6 U.K. 4.927 % 25.9 Source: Tullett Prebon via FactSet August 09, 2026 20:10 ET (00:10 GMT) Hydrothermal reactor power plant developer KiNRG has submitted an application to the U.S. Securities and Exchange…...
Westpac reports 20% drop in mortgage applications after Australia scraps tax breaks - AOL
7+ hour, 13+ min ago (530+ words) By Scott Murdoch and Rajasik Mukherjee SYDNEY, Aug 10 (Reuters) - Australia's second-largest lender Westpac Banking Corp reported a 20% fall in mortgage applications and forecast investor housing credit growth to halve next year, as the Labor government's tax changes weigh on property…...
USDINR Forecasts for 2026 - 2030 As Oil Prices Fall and Rates Differentials Rise
43+ min ago (1419+ words) The USD/INR pair moved quite a bit in July 2026, driven by outside forces and local policy responses. The exchange rate began July around 94.7-95.2, climbed to nearly 96.9, and then settled near 95.35-95.40 by month’s end. According to a Bank of Baroda…...