UK at 2301GMT August Rightmove House Prices:
-2.9% m/m
- prior was -0.8%,
+5.3% y/y
- prior was +6.5%
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The Rightmove House Price Index (HPI) measures the change in the asking price of homes for sale.
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GBP gapped higher on Monday morning with news over the weekend:
- UPDATED: BoE Carney – Says he would not wait for real wages to turn positive before raising interest rates
- BOE’s Carney says UK is more than “halfway to recovery”
Its maintained some of the gap so far, with bids noted around 1.6715; but liquidity is still thin and the real test for it will come once Singapore and HK start to get more active for the session.
