United States MBA Mortgage Applications: -3.9% (May 30) vs previous -1.2%

Jun 4, 2025

CAD: Slight tendency towards unchanged interest rates – Commerzbank

Today's decision by the Bank of Canada (BoC) promises to be very exciting. Whether the Bank of Canada will cut interest rates again or wait until its next meeting at the end of July is not a foregone conclusion, Commerzbank's commodity analyst Carsten Fritsch notes.

Australia: Soft 1Q25 GDP reinforces expectations for further easing by RBA – UOB Group

Australia’s GDP posted a 0.2% q/q rise in 1Q25, lower than consensus expectations for a 0.4% q/q print, and growth pace of 0.6% q/q in 4Q24. It was also weaker than the RBA’s May Statement on Monetary Policy forecast of 0.4%.

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United States MBA Mortgage Applications: -3.9% (May 30) vs previous -1.2%

CAD: Slight tendency towards unchanged interest rates – Commerzbank

Australia: Soft 1Q25 GDP reinforces expectations for further easing by RBA – UOB Group