Corporate

24 Jun 2015
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UK Home Loan Approvals Rise

The just out mortgage approvals recorded a lower than expected rise for May. Considering that approvals had risen at a nine-month high in April, any rise in May strengthens hopes that the domestic housing market remains healthy. In the US, the final reading of first quarter GDP is anticipated to show a smaller contraction in growth from the earlier estimate. Meanwhile, Greece continues to draw market attention, with Euro group officials expected to meet today to discuss the latest set of proposals before the final reform package is considered in the summit tomorrow. In economic news, German current conditions and sentiment index fell in June, amid signs that uncertainty over the Greek debt crisis has clouded the outlook.
24 Jun 2015
Share

UK Home Loan Approvals Rise

The just out mortgage approvals recorded a lower than expected rise for May. Considering that approvals had risen at a nine-month high in April, any rise in May strengthens hopes that the domestic housing market remains healthy. In the US, the final reading of first quarter GDP is anticipated to show a smaller contraction in growth from the earlier estimate. Meanwhile, Greece continues to draw market attention, with Euro group officials expected to meet today to discuss the latest set of proposals before the final reform package is considered in the summit tomorrow. In economic news, German current conditions and sentiment index fell in June, amid signs that uncertainty over the Greek debt crisis has clouded the outlook.