Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.15%. ?After starting the year close to 7%, the average 30-year fixed-rate mortgage moved to its lowest level in 2025 this week, an encouraging sign for potential homebuyers heading into the new year,? said Sam Khater, Freddie Mac?s Chief Economist.
The Swiss National Bank bought 75 million Swiss francs' worth of foreign currencies in the third quarter of 2025, ?a sharp reduction from the previous three-month period, data from ?the central bank showed on Wednesday.
Sweden's krona has been the best-performing G10 currency in 2025, recording an outsized gain of around 19% against the US dollar, said MUFG. It has also outperformed the other Scandinavian currency, Norway's krone, pushing NOK/SEK back toward the lows last seen in early 2020 when the COVID-19 shock first hit the global economy.
Treasury yields moved higher on Wednesday after new U.S. jobless claims, the last major economic data before the New Year, came in lower than forecasts.
Weekly applications for unemployment insurance unexpectedly declined into the final part of 2025, while continuing claims fell more than projected, US government data showed Wednesday. For the week through Dec. 27, the seasonally adjusted number of initial claims fell by 16,000 to 199,000, the Department of Labor said.
When Ohio Gov. Mike DeWine signed property tax reform bills, there was hope in Columbus it would appease voters who backed a push to abolish property taxes.
Canada is slated to release the October trade figures on Jan. 8, Scotiabank noted. The bank will watch for revisions that could impact Q3 gross domestic product, which was initially estimated at 2.6% quarter over quarter seasonally adjusted annual with possibly incomplete trade data. MT Newswires does not provide investment advice.
The Federal Reserve Bank of New York's Standing Repo Facility, or SRF, loaned a record amount of cash Wednesday to eligible financial firms, as these companies?managed liquidity needs on the final trading day of 2025. The firms borrowed $74.6 billion from the central bank, in loans collateralized with $31.5 billion in Treasury bonds and $43.1 billion in mortgage-backed securities.
Sterling has underperformed relative to other European G10 currencies in 2025, said MUFG. EUR/GBP has trended higher for most of the year after establishing lows between 0.8200 and 0.8250 in late 2024/early 2025. MUFG expects the GBP to weaken further against the euro, with EUR/GBP rising closer to 0.9000 in 2026.
US equity futures were edging higher premarket Wednesday following a better-than-expected weekly US jobless claims report. Ahead of the last trading session of 2025, Dow Jones Industrial Average futures were up 0.01%, while the S&P and Nasdaq futures were trading around 0.1% higher.
BEIJING, Dec. 31, 2025 A news report from?China.org.cn on China's economy in 2025: ? Looking back at 2025, against the backdrop of sluggish economic recovery amid mounting uncertainties, China's economy has been releasing dividends through openness. In 2025, China continued to account for over 30% of global economic growth, remaining the world's biggest contributor for years in a row.
Americans filed the fewest new jobless claims in a month last week, and while the number of unemployed workers collecting relief payments has eased from recent highs, there is little indication of a break from the weak hiring environment that settled in over the course of President Donald Trump's first year back at the White House.
The number of Americans filing new applications for jobless benefits fell unexpectedly last week to the lowest in a month, but the unemployment rate likely remained high in December amid sluggish hiring. Initial claims for state unemployment benefits dropped by 16,000 to a seasonally adjusted 199,000 ?for the week ended December 27, the Labor Department said on Wednesday.
US initial jobless claims fell to a level of 199,000 in the week ended Dec. 27 from an upwardly revised 215,000 level in the previous week, compared with expectations for an increase to 218,000 in survey of analysts compiled by Bloomberg. The four-week moving average rose by 1,750 to 218,750 after falling by 500 to a level of 217,000 in the previous week.
Canada will release its Labour Force Survey for December on Jan. 9 at 8:30 a.m. ET, on the same day and time as the United States nonfarm payrolls, said Scotiabank. A small gain of 10,000 with a slight uptick in the unemployment rate to 6.6% could emerge, predicted the bank.
The US dollar was mixed against its major trading partners early Wednesday -- up versus the pound and yen, down versus the euro and Canadian dollar -- ahead of a light data schedule that leads into the New Year's Day holiday on Thursday.
Peru's central bank will be the only central bank holding a policy meeting next week, said Scotiabank. BCRP's decision on Jan. 8 is expected to be another hold at a reference rate of 4.25% for a fourth straight meeting, noted the bank. The consumer price index, which is due on Thursday, is unlikely to alter the pattern of readings in the lower half of the 1%-3% target range, stated Scotiabank.
Tunisia's central bank said its Executive Board decided on Tuesday to lower its key interest rate by 50 basis points, down to 7%, effective as of next Wednesday.
?. ISIN Code. Our Ref. ISSUE NAME. City Of Goteborg. SEK 650,000,000.00 MTN. Floating Rate Green Bonds due 2028. Series GB25 Tranche 1 MTN. INTEREST PERIOD. VALUE DATE. INTEREST RATE. NUM OF DAYS. DAY BASIS. CURRENCY CODE. TOTAL INTEREST AMT. SEK 3,999,955.56. POOL FACTOR. View source version on businesswire.com: https://www.businesswire.com/news/home/20251230407430/en/ Source: Deutsche Bank AG.
* China's manufacturing PMI tops growth threshold to 50.1. * Non-manufacturing PMI rises to 50.2 from 29.5 in November. * Separate private-sector survey also shows marginal growth. * Economists doubt momentum can last. By Joe Cash and Xiuhao Chen.
China's non-manufacturing activity recovered in December, after shrinking ?last month for the ?first time since ?December 2022, ?an ?official survey showed on Wednesday. The ?non-manufacturing purchasing ?managers' index, which includes services and ?construction, ?grew ?to 50.2 from 49.5 in November, according to ?the National Bureau of Statistics.
US equity indexes fell on Tuesday after Federal Open Market Committee minutes revealed that officials who voted to support a rate cut said "they could have supported keeping the target range unchanged."
Arbe Robotics (ARBE) said Tuesday it completed a $15.7 million private placement, via a follow-on offering as an expansion of the company's Series A convertible bonds. The company said that in June 2024 it announced the issuance of about $30 million in Series A convertible bonds, and in January 2025, $21.5 million of that amount was released from escrow after the conversion of the bonds to shares.
US equity indexes closed lower Tuesday after Federal Open Market Committee minutes showed that the decision to lower interest rates earlier this month was heavily contested. * The Federal Reserve released minutes Tuesday from a meeting earlier this month showing that the vote to lower rates was closer than the final tally suggested.
BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments.
The Federal Open Market Committee meeting minutes showed the decision was closer than the vote indicated, with "a few" voters suggesting they would have supported no change at the meeting.
Total of $24.3 Million from Arbe's Series A Convertible Bonds Now Held at the Trustee TEL AVIV, Israel, Dec. 30, 2025 ?Arbe Robotics Ltd., a global leader in perception radar solutions, today announced the successful completion of a $15.7 million private placement, through a follow-on offering as an expansion of its existing outstanding Series A Convertible Bonds.
Federal Reserve officials appeared to be markedly divided over the potential monetary policy path ahead amid continued concerns about high inflation and labor market weakness, minutes from the central bank's Dec. 9-10 meeting showed Tuesday.
US equity indexes fell ahead of the close on Tuesday, after Federal Open Market Committee minutes showed that a decision to lower rates earlier this month was a close call. The minutes revealed that several of the officials who voted to support a rate cut said that the decision was "finely balanced or that they could have supported keeping the target range unchanged."
The Federal Reserve's decision earlier this month to start buying short-dated government bonds came after a recommendation from staff to do so and a judgment by policymakers that the level of reserves had fallen to ?a targeted "ample" range, minutes of the central bank's December 9-10 meeting showed on Tuesday.
The Federal Reserve's decision earlier this month to start buying short-dated government bonds came after a recommendation from staff to do so and a judgment by policymakers that the level of reserves had fallen to a targeted "ample" range, minutes of the central bank's December ?9-10 meeting showed on Tuesday.
The Federal Reserve's decision earlier this month to start buying short-dated government bonds came after a recommendation from staff to do so and a judgment by policymakers that the level of reserves had fallen ?to a targeted "ample" range, minutes of the central bank's December 9-10 meeting showed on ?Tuesday.
* Minutes show central bank split on 2026 policy. * Dollar index poised for steepest annual drop in eight years. * China's yuan breaches key level against dollar. By Chuck Mikolajczak. The dollar advanced on Tuesday, maintaining gains after the release of minutes from the Federal Reserve's December meeting, as investors attempt to parse the path of monetary policy.
While most Federal Open Market Committee participants supported lowering the target rate range for the federal funds rate at the Dec. 9-10 meeting, minutes of the meeting released Tuesday showed that decision to lower rates was a tighter call than previously suggested and that there was considerable disagreement of the path of policy going forward.
"The upgrade to Baa3 recognizes the city's fiscal stability under the current casino taxation format," as well as rapid debt defeasance, the rating agency said.
US benchmark equity indexes were largely unchanged intraday in the penultimate session of the year. The Dow Jones Industrial Average was down 0.1% at 48,415.8 after midday Tuesday. US markets will be closed Thursday for New Year's Day, reopening Friday. The Federal Reserve was scheduled to release minutes of its December monetary policy meeting at 2 pm ET.
* 10 meeting. * Most policymakers supported rate cut amid broad debate. * Some rate cut supporters noted "finely balanced" decision. By Howard Schneider. Dec 30 - The U.S. Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the U.S. economy right now, according to minutes of the ?latest two-day session.
Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF down 0.2%. The Philadelphia Housing Index was shedding 0.4%, and the State Street Real Estate Select Sector SPDR ETF rose 0.1%. Bitcoin was increasing 1.4% to $88,347, and the yield for 10-year US Treasuries was slightly higher at ...
Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF down 0.2%. The Philadelphia Housing Index was shedding 0.4%, and the State Street Real Estate Select Sector SPDR ETF rose 0.1%. Bitcoin was increasing 1.4% to $88,347, and the yield for 10-year US Treasuries was slightly higher at ...
Canada activity slowed in mid-2025, but the worst appears to be over, said UBS. Gross domestic product growth is tracking below 2%, wrote the bank in its "Global Economics and Markets Outlook" note of November. Labor market conditions softened notably through mid-2025, which, in the bank's view, is a key factor behind the recent policy easing by the Bank of Canada.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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