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Finance & Banking

U.S. 30-Year Mortgage Rate Climbs to 6.89%, Highest Since February

By Agencies The average rate for a 30-year mortgage in the U.S. climbed this week to 6.89%, marking its highest point since early February. This increase further raises borrowing costs for homebuyers. According to mortgage buyer Freddie Mac, the rate rose from 6.86% last week. A...

Are Rising Japanese Government Bonds the Next Major Risk for U.S. Bondholders?

By Agencies Japanese institutions have long been key players in the U.S. Treasury market, but a significant rise in Japanese government bond yields could pose a serious risk for U.S. bondholders. This shift may prompt Japanese investors to move their capital back home just as global...

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JP Morgan Forecasts Positive Global Economic Outlook for 2025, with Recession Probability at 15%

JP Morgan has recently released its economic outlook for 2025, presenting a cautiously optimistic...

Wealth Transfer: A Key Concern for APAC Advisors, According to Survey

The Challenge of Discussing Death and Inheritance in Wealth Management In the realm of wealth...

Citi Forecasts S&P 500 at 6,500 by 2025 Amid Rising Volatility

Citigroup (NYSE:C) anticipates that the S&P 500 will reach 6,500 by the end of...

Average UK House Prices Reach Record High, According to Halifax

According to Halifax's latest property data, the average house price in the UK has...

Gold Prices Rise as Turmoil in Syria and South Korea Boosts Safe Haven Demand

Gold prices saw a slight increase in Asian trading on Monday, driven by geopolitical...

2025 Forecast for the Oil and Gas Sector

Understanding the Current Landscape of U.S. Energy Markets The U.S. energy sector is undergoing a...

Italy and AfDB Finalize €400 Million Climate Finance Agreement

Understanding Global Banking and Finance Review: A Comprehensive Overview In the rapidly evolving landscape of...

UniCredit Enhances Private Equity Services in Partnership with Blackstone

UniCredit Expands Partnership with Blackstone: A New Era for Wealth Management in Italy In a...

Bank of Korea to Inject Liquidity to Stabilize Markets

On Wednesday, South Korea’s financial markets were shaken by an unexpected declaration from President...

Could Bitcoin Reach $100,000 by the End of 2024?

The prospect of Bitcoin surpassing $100,000 by the end of 2024 has ignited heated...

Credit Card Companies Fight to Maintain Monopoly and High Fees

A handful of credit card companies are stifling competition and putting financial pressure on...

S&P 500 Up Almost 50% Over Past 2 Years

By Charles-Henry Monchau The matrix below highlights the year-to-date percentage performance of each constituent of...

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Warren Buffett Calls This Investment “The Best Thing” for Most People

The stock market has seen significant ups and downs in recent months, with major...

AI Data Center Boom Fuels Demand for Natural Gas

Staff Reporter UBS forecasts that the surge in AI data center construction, which began during...

Prediction: These 3 Value Stocks Are Expected to Outperform the S&P 500 Beyond 2025

Investors are increasingly drawn to value stocks for their reliability and reasonable valuations. Amid...

Analyst Suggests Aggressive ECB Easing May Be Imminent

Staff Reporter The European Central Bank (ECB) could be gearing up for more aggressive easing...