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Richard Leong

Speculative Eurodollar net longs fall from record high: CFTC

23 Aug 2019

Speculators scaled back record-high bullish positions in Eurodollar futures earlier this week due to reduced expectations of aggressive interest rate-cutting from the Federal Reserve, government data released on Friday showed.

MONEY MARKETS-Powell's speech, Trump's tweets stoke U.S. rate-cut bets

23 Aug 2019

NEW YORK, Aug 23 U.S. interest rates futures jumped on Friday as Federal Reserve Chair Jerome Powell's hint of more rate cuts and U.S. President Donald Trump's tweets on trade stoked bets on a further decline in key borrowing costs.

Powell's speech support U.S. rate-cut bets

23 Aug 2019

NEW YORK U.S. interest rates futures rose on Friday as Federal Reserve Chair Jerome Powell said the central bank will do what it can to preserve the longest U.S. economic expansion on record, supporting bets on a further decline in key borrowing costs.

MONEY MARKETS-Powell's speech support U.S. rate-cut bets

23 Aug 2019

NEW YORK, Aug 23 U.S. interest rates futures rose on Friday as Federal Reserve Chair Jerome Powell said the central bank will do what it can to preserve the longest U.S. economic expansion on record, supporting bets on a further decline in key borrowing costs.

MONEY MARKETS-U.S. rates futures slip ahead of Powell's speech

23 Aug 2019

NEW YORK, Aug 23 U.S. interest rates futures declined on Friday for a third straight day ahead of a highly anticipated speech by Federal Reserve Chair Jerome Powell, which traders will scour for clues on whether the central bank is ready to lower rates again.

MONEY MARKETS-Hawkish Fed remarks quell bets on deep U.S. rate cut

22 Aug 2019

NEW YORK, Aug 22 U.S. interest rates futures fell after two Federal Reserve officials said on Thursday they did not see a case for another U.S. rate decrease, holding down bets the U.S. central bank would consider a deep rate cut next month.

U.S. money fund assets hit highest since October 2009: iMoneyNet

21 Aug 2019

NEW YORK U.S. money market funds amassed their highest level of assets since October 2009 as investors shift cash into low-risk products amid worries about a global economic slowdown and trade tensions, a private report released on Wednesday showed.

UPDATE 1-US money fund assets hit highest since October 2009 -iMoneyNet

21 Aug 2019

NEW YORK, Aug 21 U.S. money market funds amassed their highest level of assets since October 2009 as investors shift cash into low-risk products amid worries about a global economic slowdown and trade tensions, a private report released on Wednesday showed.

First-time U.S. home buyers face supply struggle as rates fall

21 Aug 2019

Mortgage rates are at a three-year low and housing price appreciation has cooled, but many Americans seeking to buy their first home are facing tough times.

U.S. home refinancing activity hits three-year high: MBA

21 Aug 2019

NEW YORK U.S. homeowners filed the most applications to refinance their current mortgages in over three years as 30-year borrowing costs slipped to their lowest levels since late 2016, the Mortgage Bankers Association said on Wednesday.

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