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Market News

Oil's drop chills Asian stocks, inflation data boosts dollar

Pedestrians walk past an electronic board showing Japan's Nikkei average outside a brokerage in TokyoAsian shares pulled further away from a five-month high on Friday as a sharp pullback in crude oil prices dampened risk appetite, though Japanese stocks crawled to a fresh 15-year peak after the dollar surged against the yen overnight. The dollar's strength followed upbeat U.S. data, which tilted expectations back toward an early interest rate hike by the Federal Reserve.




Brent approaches $61, set to end seven-month losing streak

A pumpjack brings oil to the surface in the Monterey ShaleBy Jane Xie SINGAPORE (Reuters) - Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices. A reduction in rig counts and expectations for better oil demand have helped Brent prices rise by more than 14 percent so far this month from January's close of $52.99. Brent crude rose 68 cents to $60.73 a barrel by 2058 ET. Elsewhere in Europe, gas supply talks between the European Union, Ukraine and Russia will be held in Brussels on Monday after President Vladimir Putin warned that Russia would halt gas supplies to Ukraine if it did not receive advance payment, raising the possibility of disrupted deliveries to Europe.








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New Home Loans

房屋貸款

If you're like most people, purchasing a home  is probably one of the biggest investments you'll ever make in your lifetime and we'll be with you every step of the way

 

 

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房屋轉按

If you are looking to refinance your ARM into a fixed rate or refinance and get cash out or get into a lower rate, we can help.

 

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We offer a variety of loan programs. Every borrower has different needs. After reviewing your situation, one of our experts will see what loans best fits your needs

 

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                                 NMLS# 1062242