UK at 2301GMT August Rightmove House Prices:

-2.9% m/m

  • prior was -0.8%,

+5.3% y/y

  • prior was +6.5%

The Rightmove House Price Index (HPI) measures the change in the asking price of homes for sale.

GBP gapped higher on Monday morning with news over the weekend:

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.