best digital currency wallet app Top stories

As interest rates fell for the third week in a row, the demand for mortgage refinancing in the United States surged, and the interest rate of mortgage in the United States fell again last week. Although the decline was not large, it was enough to stimulate existing homeowners to seek some savings. The seasonally adjusted index of American Mortgage Bankers Association (MBA) shows that the total demand for mortgage loans has increased by 5.4%, which is behind the surge in refinancing. Housing loan refinancing applications surged 27% from the previous week and 42% higher than the same period last year. Joel Kan, an MBA economist, said, "Purchase applications are still relatively strong. In the past three months, except for one week, there has been a year-on-year increase. In addition to the low interest rate, house purchasing activities continue to be supported by continuous housing demand and inventory, which continue to grow gradually in many markets. "The news before the US stock market was delivered by express delivery. ① The three major stock index futures of the US stock market were mixed, and the market held its breath for CPI tonight. ② As of press time, Dow futures fell by 0.13%, S&P 500 futures rose by 0.11%, and Nasdaq futures rose by 0.22%. (3) Germany's DAX index rose 0.08%, Britain's FTSE 100 index rose 0.08%, France's CAC40 index rose 0.07%, and Europe's Stoxx 50 index fell 0.07%. ④WTI crude oil rose 1.04% to $69.30/barrel. Brent crude oil rose 0.97% to $72.89/barrel. 90% economists predict that the Federal Reserve will cut interest rates by 25 basis points next week. 6 Goldman Sachs is firmly bullish on gold: the price of gold can also rise to $3,000 under a strong dollar. ⑦ Many houses fell by about 6.5% before the market opened, and the company announced that it would raise $7 million by selling shares. ⑧ Yihang's smart market rose by more than 1%. In the news, Shenzhen has built the world's leading low-altitude economic industry ecology. 9 Macy's fell 12% before the market, and the company lowered its profit forecast for the fiscal year.Ferrari CEO: It is expected that the company will not face specific challenges under the Trump administration, and the impact of potential tariffs in the United States will be small. If Trump imposes tariffs on European goods, we will consider dealing with it. (Asked if we would consider making cars in America) We will make cars in Maranello.

OPEC lowered the growth rate of global crude oil demand for the fifth consecutive month. The OPEC monthly report shows that the growth rate of global crude oil demand in 2024 will be lowered from 1.82 million barrels per day to 1.61 million barrels per day. Reduce the growth rate of global crude oil demand in 2025 from 1.54 million barrels per day to 1.45 million barrels per day; For the fifth consecutive month, the growth forecast of global crude oil demand this year and next is lowered.The United States has approved the sale of arms facilities worth nearly 600 million US dollars to Kuwait and Ukraine. The US Department of Defense said in a statement that the State Council has approved the sale of vehicle maintenance equipment with an estimated value of 300 million US dollars to Kuwait. On the same day, it also approved the sale of F-16 fighter maintenance services and related equipment to the Ukrainian government at a cost of US$ 266.4 million.CNNC Titanium Dioxide: An energy project agreement with an investment of 4.27 billion yuan was signed, and CNNC Titanium Dioxide announced that the company and Guangdong Construction Engineering signed the Cooperation Framework Agreement for Comprehensive Energy Projects in Baiyin City, Gansu Province, and planned to jointly invest in the development of comprehensive energy projects. The cooperative projects include cogeneration project, source network storage project and Jingtai new energy project, with a total investment of about 4.27 billion yuan. Among them, the cogeneration project is expected to invest about 800 million yuan, the source network storage project is expected to invest about 2.5 billion yuan, and the Jingtai new energy project is expected to invest about 970 million yuan. After the signing of the agreement, the specific implementation of the project needs to obtain relevant approval, and the actual investment scale will be determined according to the progress of the project.

EIA: The net import of crude oil in the United States will drop by 20% in 2025. The us energy information administration (EIA) said on Tuesday that it is expected that the net import of crude oil in the United States will drop by 20% to 1.9 million barrels per day next year, which will be the lowest level since 1971, suggesting that the output of the United States will increase and the demand of refineries will decrease. EIA said in its Short-term Energy Outlook in December that the US oil production is expected to increase from 13.24 million barrels per day in 2024 to 13.52 million barrels per day in 2025. EIA also said that the crude oil processing capacity of refineries will be 16 million barrels per day in 2025, a decrease of 200,000 barrels per day compared with 2024. EIA now predicts that the average spot price of Brent crude oil in 2025 will be $73.58 per barrel, which is lower than the previous forecast of $76.06 per barrel. The average spot price of crude oil in the United States is $69.12 per barrel, which is lower than the last forecast of $71.60 per barrel.German Minister: The Syrian issue poses a risk to countries that rely on Russia.Wells Fargo lowered the target price of LyondellBasell from $105.00 to $95.00.