Latest News for: Rate rises

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Westpac boss admits rate rises causing pressure on mortgage portfolio

The Daily Telegraph Australia 28 Mar 2023
Westpac Chief Executive Peter King admitted that ten consecutive interest rate rises are causing pressure at the edges of the bank's mortgage portfolio ....
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Delhi's COVID positivity rate rises to 9.1 %, doctor advises people to follow proper guidelines

The Economic Times 28 Mar 2023
Delhi's COVID positivity rate rises to 9.1 %, doctor advises people to follow proper guidelines ... .
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Shiba Inu burn rate rises by almost 2100% amid market uncertainties 

BTC Manager 28 Mar 2023
The second-largest meme coin, shiba inu (SHIB), has seen notable drops in its burn rate for two consecutive weeks. Over the last 24 hours, however, the indicator has spiked by almost 2,100%. According to data provided by SHIB BURN, SHIB’s ....
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FleetCor Technologies Sees Relative Strength Rating Rise To 71

Investors Business Daily 28 Mar 2023
In a welcome move, FleetCor Technologies (FLT) saw its Relative Strength Rating improve from 65 to 71 on Tuesday ... IBD's proprietary RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
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Model N Stock Shows Composite Rating Rising To 97, EPS At 96

Investors Business Daily 28 Mar 2023
The IBD SmartSelect Composite Rating for Model N (MODN) rose from 90 to 97 Tuesday ... The new rating is a sign the stock is outpacing 97% of all stocks when it comes to the most important stock-picking criteria ... The stock has a 96 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 96% of all stocks.
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Everything rising in April 2023 – from water bills to Universal Credit

Metro UK 28 Mar 2023
Each council will set a different rate for council tax to rise (Picture ... The rate for Jobseeker’s Allowance will rise – for example, couples who are both 18 or over will see rates rises from £121.05 to £133.30 ... For more on planned rises due in April 2023, visit gov.uk’s guide to benefit and pension rates.
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Try this to reduce the burden of RBI rate hike on your home loans

Live Mint 28 Mar 2023
Home loan buyers have borne the brunt of the back-to-back RBI rate hikes to curb rising inflation in India ... Bank of Maharashtra and Bank of Baroda have lowered the interest rates on their home loans despite rising interest rates.
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Record Household Debt Could Turn Into Major Problem

Morgan Citizen 28 Mar 2023
The rising debt burden could cause major problems if rising interest rates, high inflation and slowing economic growth cause an increase in defaults ... As for student loans, “delinquency rates have remained flat, as the federal repayment pause remains in place,” the report said ... Moody’s Predicts Rising Charge-Offs.
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Stocks Showing Rising Market Leadership: AGCO Earns 82 RS Rating

Investors Business Daily 28 Mar 2023
The Relative Strength (RS) Rating for AGCO (AGCO) entered a new percentile Tuesday, with a rise from 79 to 82 ... This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database ... Stocks With Rising Relative Strength Ratings.
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Australia retail sales level off in Feb as shoppers rein in spending

Reuters 28 Mar 2023
SYDNEY, March 28 (Reuters) - Australian retail sales levelled off in February after wild swings around the year-end holidays, suggesting consumers are reining in spending in the face of higher living costs and rising interest rates ... The figure beat median forecasts of a 0.1% rise, pushing the local dollar higher to $0.6674 , up 0.4% for the day.
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Current mortgage rates declined from this time last week

Market Watch 28 Mar 2023
The refinance rate for 30-year, fixed-rate loans was 7.01%, rising 1 basis point from the previous day and declining 16 basis points from the prior week ... As for 5/1 adjustable-rate mortgages, which carry a fixed rate for five years that can then rise or fall each year after, the ...
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Australian Retail Sales Growth Was Weaker Than Expected In February

Market Watch 28 Mar 2023
SYDNEY--Australian retail sales activity was weaker than expected in February, sending a signal that households are struggling under the weight of soaring interest rates and a big rise in the cost of living over the past year ... Economists had expected a 0.4% rise. The small rise in February follows a 1.8% rise in January.
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Report: Will CBE raise interest rates at its next meeting?

Egypt Independent 28 Mar 2023
The aim of controlling the increasing inflation rates, which we expect to continue to rise, peaking at 35.9 percent by July, before gradually declining to 30.3 percent by December,” Heba Mounir, macroeconomic analyst at HC Securities and Investment, said.
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Indian corporates likely to see 10%-12% capex growth in FY24: Fitch

Reuters 28 Mar 2023
MUMBAI, March 28 (Reuters) - The rising capital expenditure (capex) trend of Indian corporates is likely to continue and grow at 10%-12% a year during the next fiscal year to March 2024, Fitch Ratings said in a release on Tuesday ... The ratings agency said government reforms such as ...

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