Corporate

25 Mar 2015
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Mortgage Growth in the UK Remains Buoyed

Today’s BBA survey has revealed that the number of mortgages approved by UK banks increased more than expected for February. Moving ahead, market participants will eye the retail sales report in the UK scheduled for tomorrow to gauge the health of domestic spending for February, especially after the release of yesterday’s mixed inflation data in Britain. Across the Atlantic, after yesterday’s upbeat inflation data showed that consumer prices rose in line with estimates for February, traders will keep tabs on today’s durable goods orders print in the US for further direction to risk appetite. In Europe, today’s Ifo report showed that morale among firms in Germany improved for March.
25 Mar 2015
Share

Mortgage Growth in the UK Remains Buoyed

Today’s BBA survey has revealed that the number of mortgages approved by UK banks increased more than expected for February. Moving ahead, market participants will eye the retail sales report in the UK scheduled for tomorrow to gauge the health of domestic spending for February, especially after the release of yesterday’s mixed inflation data in Britain. Across the Atlantic, after yesterday’s upbeat inflation data showed that consumer prices rose in line with estimates for February, traders will keep tabs on today’s durable goods orders print in the US for further direction to risk appetite. In Europe, today’s Ifo report showed that morale among firms in Germany improved for March.