Mortgage applications declined 1.6% as refinancing activity dropped, while purchase applications saw a slight increase.
NZD may rebound but faces resistance at 0.5725; stability above 0.5650 suggests potential trend reversal.
Tariff anticipation and EURUSD trendlines shape market moves; USD strengthens as risk sentiment weakens.
NZD/USD rises amid tariff concerns; strong NZD performance signals resilience despite global trade uncertainty and chart resistance.
Trump to unveil new trade tariffs amid growing uncertainty; markets brace for potential global economic repercussions.
Rising trade policy uncertainty hampers global GDP via investment, trade flows, and consumer confidence, despite mitigations.
Tariffs hurt global economy; inflation nears target, but uncertainty stalls US investments, says ECB’s Lagarde.
Norges Bank holds rates steady, citing inflation concerns; no cuts expected until more data in June.
USDCAD remains volatile amid tariff news; CAD may rise significantly if favorable trade developments materialize soon.
Germany’s 10-year bond yield falls to 2.68%, signaling shifting investor sentiment and broader economic expectations.
