More disappointing data on UK housing conditions as printed figures fall well below economists? forecasts. Fundamental traders contend that BoE monetary policy is finally gaining traction as a tightening regime snaps demand for home purchases.
[B][U]UK Fundamentals:[/U][/B]
[B][I]Next 24 Hours:[/I][/B]
No economic data set for release on Friday 7/27.
Next set of data comes on Monday with the release of M4 Money Supply, Net lending, and Mortgage Approvals.
[B][I]Last 24 Hours:[/I][/B]
[B]Nationwide House Prices, nsa (YoY) (JUL)[/B]
Actual: 9.9%
Previous 11.1%
[B]Nationwide House Prices, sa (MoM) (JUL)
[/B]Actual: 0.1%
Previous 1.1%
[B]BAA Loans for House Purchase[/B]
Actual: 75318
Previous 77443
See [I]Daily FX Weekly Calendar[/I]for further insight