US driving rise in mortgage rates
Reports indicate that Europe is facing a diesel supply crisis, which complicates the economic landscape and increases energy challenges in the region. At the same time, tensions between the Strait of Hormuz and Washington are escalating, leading to the postponement of an international review of OPEC+ production that impacts global oil markets. Additionally, the US dollar has reached its highest level in 17 months against the euro, while the US mortgage market is experiencing a rise amid changing economic expectations following upcoming US employment data.
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