Macro watch: weak mortgage demand and CPI ahead
US purchase mortgage applications are near historic lows, and traders look ahead to Tuesday's CPI release.
What we know
An account on X says purchase applications fell to 131, down 32% since January. Another account on X notes CPI hits Tuesday at 8:30 ET, while another account on X shares gold spec positioning.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.