According to the Zillow lender marketplace, the average 30-year fixed-rate mortgage rose by 8 basis points to 6.44% today, Friday, July 3, 2026. The average 20-year fixed rate increased by 4 basis points to 6.26%. The 15-year fixed rate was nearly unchanged (down 1 basis point) at 5.86%. The average 5/1 ARM rose by 5…
By Samuel Indyk and Jiaxing Li LONDON, July 3 (Reuters) – The U.S. dollar fell towards its biggest weekly loss in 12 weeks on Friday after a tepid U.S. jobs report cooled market expectations for a near-term Federal Reserve interest rate hike, providing some relief for the embattled Japanese yen. Broad dollar weakness lifted the…
Japan last month reduced gas-fired generation in favor of coal as the price of liquefied natural gas remained elevated despite multiple reports of energy flows out of the Strait of Hormuz improving. The country generated 17.3 terawatt-hours from gas-fired power plants in June, Bloomberg reported, which was down by 16% on June 2025. Coal-fired generation,…
By Gregor Stuart Hunter SINGAPORE, July 3 (Reuters) – Stocks rose during the Asian trading session on Friday after a lukewarm U.S. jobs report poured cold water on the prospect of an imminent rate hike from the Federal Reserve and regional activity gauges pointed to an economic expansion during June. After a shaky start, MSCI’s…
SINGAPORE, July 3 (Reuters) – Chinese robot maker Unitree Robotics has received regulatory approval for a Shanghai listing through which it plans to raise 4.2 billion yuan ($619.4 million), moving it closer to one of China’s most watched technology initial public offerings. The approval comes as China’s onshore IPO market shows signs of life after…
BENGALURU, July 3 (Reuters) – India’s dominant services sector expanded at its slowest pace in 17 months in June as domestic demand weakened sharply and overall new business grew at its slowest rate in over two-and-a-half years, according to a survey that also showed hiring nearly stalling. • HSBC’s India Services Purchasing Managers’ Index (PMI),…
By Sethuraman N R NEW DELHI, July 3 (Reuters) – India’s coal-fired power generation surged to a near-three-year high in June because of increased cooling demand from higher temperatures from an extended heatwave and below-average monsoon rainfall, government data showed. India’s total electricity generation in June rose 10.4% from a year ago to 178.31 billion…
July 2 (Reuters) – Blackstone’s QTS said on Thursday it had terminated its planned Digital Gateway data center project in Virginia and withdrawn the associated filings after years of planning and regulatory review. The data center operator has faced years of local opposition and litigation over the project, despite it being approved by the Prince…
By Kentaro Okasaka KITAKAMI, Japan, July 3 (Reuters) – Kioxia on Friday held a ceremony at its fab in northern Japan as the chipmaker, whose shares have rocketed due to the AI investment boom, begins shipping samples of its next-generation memory. The growth of AI has fueled a remarkable turnaround for Kioxia, which was previously…
Iran is wasting no time in returning full steam to the oil export market after the Islamic Republic and the United States agreed in mid-June on a 60-day window to negotiate a deal. Since the memorandum of understanding was signed and the U.S. blockade aimed at preventing Iranian oil exports was lifted, Tehran has exported…
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