Strong results from Italy’s Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday.View on euronews
These are today's mortgage and refinance rates. Inflation has slowed. Mortgage rates often increase when the economy is in a good place. Lock in your rate today.
Mortgage rates barely moved despite a volatile few days in the stock market. The average rate on a 30-year loan stood at 6.65%, according to Freddie Mac.
The Federal Reserve has broken this year with its long-standing practice of releasing an annual preview of its finances for the preceding year. The U.S. central bank has released a preliminary statement detailing its annual profit or loss in early January since at least 2006, but has yet to release the numbers for 2024. A Fed spokesperson said the audited version of the financial statement will be released later this month.
NEW YORK (Reuters) -Foreigners added nearly $16 billion to their emerging market portfolios in February, with investors loading up on Chinese stocks as well as debt across developing economies, a report from a finance trade group said on Thursday. Chinese stocks sucked in $11.2 billion, but selling elsewhere meant emerging market equity portfolios saw a net outflow of $2.1 billion last month. The picture was the reverse in fixed income, where Chinese bonds posted a $15.1 billion outflow even as emerging market debt elsewhere raked in $33.2 billion.
Is Bitcoin's unchangeable nature a security liability? Here's what you need to know about the largest cryptocurrency's development before jumping to conclusions about its long-term security.