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The MBA Mortgage Purchase Index for the week ending June 26 was 170.6, compared to 169.7 previously.

2026-07-01

The MBA Mortgage Purchase Index for the week ending June 26 was 170.6, compared to 169.7 previously.

Other News
2026-07-01

Israel's Channel 12, citing Saudi media, reported negotiators in Doha have reached a preliminary agreement to release $3 billion in funds to Iran.

Israel's Channel 12, citing Saudi media, reported negotiators in Doha have reached a preliminary agreement to release $3 billion in funds to Iran.
2026-07-01

China International Capital Co says gold has likely priced in excessive Fed rate-hike expectations and could see some giveback this year. The macro team argue persistent labor and consumption pressures, plus rising financing demand from the US AI-dri

China International Capital Co says gold has likely priced in excessive Fed rate-hike expectations and could see some giveback this year. The macro team argue persistent labor and consumption pressures, plus rising financing demand from the US AI-driven economy, make a materially hawkish Fed unlikely; policy may be “hawkish in name but dovish in practice.” Using a model that infers rate expectations from gold, the note estimates the current ~$4,000/oz gold price implies pricing for roughly 3–4 further hikes, above what interest-rate futures currently show. If falling oil prices feed through to US near-term inflation, the market’s pricing of hikes could be revised lower, creating short-term buying/covering opportunities in the futures market.
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