Market news
U.S. mortgage applications fall last week
The
Mortgage Bankers Association (MBA) reported on Wednesday the mortgage application
volume in the U.S. fell 4.3 percent in the week ended April 26, following a 7.3
percent tumble in the previous week.
According
to the report, the refinance applications dropped 5.0 percent and applications
to purchase a home declined 3.7 percent.
Meanwhile,
the average fixed 30-year mortgage rate decreased to 4.42 percent from 4.46 percent.
“Mortgage
rates were lower last week, as concerns over global growth, particularly in
Germany, outweighed more positive domestic news on first-quarter GDP growth and
business investment,” noted Joel Kan, MBA’s associate vice president of
economic and industry forecasting.
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Market focus
- Germany's trade surplus rose slightly in October
- Swiss unemployment rate remained unchanged in November
- China says hopes it can reach trade agreement with U.S. as soon as possible
- Eurozone investor confidence rose sharply in December - Sentix
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| Session | Financial Centres | UTC/GMT OpenClose |
EET OpenClose |
Local Time OpenClose |
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|---|---|---|---|---|---|---|---|
| Pacific | Wellington | 19:00 | 04:00 | 22:00 | 07:00 | 22:00 | 07:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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| Pacific | Sydney | 21:00 | 06:00 | 00:00 | 09:00 | 00:00 | 09:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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| Asian | Tokyo | 23:00 | 08:00 | 02:00 | 11:00 | 02:00 | 11:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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| Asian | Hong Kong, Singapore | 00:00 | 09:00 | 03:00 | 12:00 | 03:00 | 12:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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| European | 06:00 | 15:00 | 09:00 | 18:00 | 9:00 | 18:00 | |
| Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenCloseе |
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| European | London | 07:00 | 16:00 | 10:00 | 19:00 | 10:00 | 19:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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| American | New York | 12:00 | 21:00 | 15:00 | 00:00 | 15:00 | 00:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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Local Time OpenClose |
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| American | Chicago | 13:00 | 22:00 | 16:00 | 01:00 | 16:00 | 01:00 |