UK money supply and lending data for November came in on the weak side of expectations. Softer demand for mortgages suggests the rebound in UK house prices is starting to crimp demand, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Related Articles
The British Pound extends the selloff
The British Pound is extending the selloff that started yesterday and remains...
What are the main events for today?
In the European session, the only highlight is the Eurozone Retail Sales...
Cable falls to test the low from April last year
The pound is once again the laggard in trading today and that...
Eurostoxx futures flat in early European trading
German DAX futures flatUK FTSE futures +0.2%US futures are lower but keep...
Leave a comment