Rupee Gains Mortgage Slump
Indian rupee strengthens on bond inflows and easing oil prices while US mortgage applications fall despite lower rates, highlighting divergent global economic conditions.
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- DATAMarkets brace for Fed decision and tech earnings in high-stakes week
Investors face a pivotal session as the Federal Reserve prepares to announce its latest policy stance, while major US technology firms report quarterly results.
Arvopaperi - MARKETLUG.TO (LUG.TO)
▼ 4.50% close $79.02 from $82.74
- DATAGold stalls near $4,200 as inflation hedge and growth fears cancel out
The precious metal is trapped in a tight range, unable to break out as persistent price pressures meet signs of economic slowdown.
Capital - MARKETLUG.TO (LUG.TO)
▲ 4.60% close $82.74 from $79.10
- DATAUS CPI falls 0.4% in June as energy slump reverses May surge
Headline inflation decelerates sharply on gasoline price drop, complicating Fed rate path after May's energy-driven spike.
Globeandmail - EVENTIndian bonds rally on US rate hopes as oil risk caps gains
Softer US inflation data fuels Indian bond recovery, though geopolitical tensions in the Middle East limit upside for the rupee and energy-sensitive assets.
Rte Business - DATAIndian bonds rally as soft US inflation data cools Fed rate hike bets
The benchmark 2036 bond yield fell to 6.77% from a three-week high, extending the repricing of lower US rate expectations into emerging markets.
Hindu Businessline - DATAUS stocks rise on cooling inflation and strong bank earnings
US stocks climb on inflation data, bank results.
Brecorder - MARKETLUG.TO (LUG.TO)
▼ 3.00% close $78.23 from $80.65
- MARKETREAT.L (REAT.L)
▼ 4.55% close $42.00 from $44.00
- MARKETLUG.TO (LUG.TO)
▲ 5.11% close $80.65 from $76.73
- MARKETLUG.TO (LUG.TO)
▼ 4.12% close $76.73 from $80.03
- MARKETLUG.TO (LUG.TO)
▲ 3.19% close $83.39 from $80.81
- MARKETLUG.TO (LUG.TO)
▲ 5.62% close $80.81 from $76.51
- MARKETIndian rupee posts first quarterly gain in five as oil slump eases import bill
Falling crude prices and supportive policy have allowed the rupee to appreciate roughly 0.4% quarter-on-quarter, marking the first such gain since March 2025.
Livemint - EVENTIndian rupee set for first quarterly gain in five as oil prices cool
Falling crude costs and policy support drive the currency's recovery, marking a shift from recent geopolitical-driven weakness.
Livemint - EVENTRupee and bond markets brace for volatility as Iran tensions and Fed rate bets collide
Traders returning from a long weekend face a dual threat: renewed Middle East hostilities driving oil higher and shifting U.S. rate expectations weighing on emerging-market flows.
Livemint - EVENTKospi plunges 3% at open as US-Iran war escalation triggers Asian risk-off
South Korea's benchmark index suffered its sharpest session start in weeks, while Japan's Nikkei fell 1%, as investors priced in deepening geopolitical uncertainty.
Livemint - DATAUS inflation hits three-year high as energy costs fuel price surge
Rising energy prices, driven by geopolitical tensions, have pushed US inflation to its highest level since 2023, complicating the Federal Reserve's path to rate cuts.
Handelsblatt - MARKETREAT.L (REAT.L)
▼ 3.30% close $44.00 from $45.50
- EVENTDAX opens flat as oil slide and peace hopes fail to spark rally
German equities show little appetite for risk despite easing geopolitical tensions and falling energy costs, signaling persistent investor caution.
Handelsblatt - MARKETLUG.TO (LUG.TO)
▼ 5.24% close $76.39 from $80.61
- EVENTIndian rupee outlook hinges on oil stability and dollar trajectory
Currency traders watch for sustained crude support and foreign bond inflows to extend the rupee's 11-week rally.
Brecorder - EVENTIndian rupee hits 11-week high as oil eases and bond inflows surge
The currency's best weekly performance in nearly three months underscores how a US-Iran peace deal is reshaping emerging-market flows, with foreign capital rushing into Indian government debt.
Brecorder - MARKETMortgage demand weakens despite falling rates, signaling persistent housing headwinds
Total application volume drops 3.8% as higher borrowing costs continue to stifle buyer activity and refinancing incentives.
CNBC - MARKETMortgage demand weakens despite falling rates, signaling persistent housing headwinds
Total application volume drops 3.8% as higher borrowing costs continue to stifle buyer activity and refinancing incentives.
CNBC