UK Sept mortgage and lending data now out 30 Oct
- 66.6k prev
- net mortgage lending GBP 3.8bln vs 4.0bln exp vs 3.9bln prev revised down from 4.0bln
- net consumer credit GBP 1.6bln vs 1.5bln exp vs 1.8bln prev revised up from 1.6bln
- M4 money supply mm -0.2% vs 1.1% prev revised up from 0.9%
- yy 4.8% vs 4.4% prev
- M4 ex IOFCs 3mth annualized 4.3% vs 5.6% prev revised up from 4.8%
Net consumer credit still rising and must remain a focus of the BOE deliberations.
GBPUSD 1.3160 and EURGBP 0.8840 both hovering near session highs.
UK mortgage approvals mm
