Source: Nationwide A shortage of homes for sale last month pushed house price growth surging by 12.6% for the seventh straight month. FTSE 100 up +0.67%, GBP USD down -0.05% Prices of the average home rose by 1.7% in February to over £260,000 for the first time, accelerating the rate of growth from 11.2% in January.The intense competition between lenders for mortgage … [Read more...] about UK House Prices Top £260,000 for the First-Time Ever on Shortage of Homes for Sale
Happy Frequency Review
Happy Frequency uses a combination of approaches to achieve high returns and minimum losses. A news filter is used to protect the strategy. This automated system is easy to set up and use. As per the vendor, this MT4 tool can work on 9 major currency pairs and uses the M5 timeframe. A few verified real trading results are provided for this FX robot on the official … [Read more...] about Happy Frequency Review
BTCUSD Rallies 15% Above $40,000 Amid Strong Russia Crypto Uptake
BTCUSD rallies 15% above $40,000Western sanctions on Russia fuel Bitcoin demandBitcoin equities direct correlation slowly ending Bitcoin has bottomed out after trading below the $40,000 psychological level over the past ten days. The flagship cryptocurrency popped by more than 15% on Monday, fuelled by a number of factors that continue to elicit strong crypto … [Read more...] about BTCUSD Rallies 15% Above $40,000 Amid Strong Russia Crypto Uptake
UK Mortgage Approvals Jump 74,000 in January
Source: Bank of England The number of mortgage approvals in the United Kingdom stood at 74,000 in January, increasing from 71,000 posted in December 2021. FTSE 100 down -0.85%, GBP USD down -0.12% Approvals for remortgaging rose to 46,200. Net borrowing of mortgage debt surged from £4 billion in December 2021 to £ 5.9 billion in January.Individuals borrowed £0.6 billion … [Read more...] about UK Mortgage Approvals Jump 74,000 in January
China’s Manufacturing and Non-Manufacturing PMIs Beat Estimates despite Omicron-led Disruptions
Source: National Bureau of Statistics of China China’s economy gathered pace in February, signaling the government’s pro-growth policies have begun to take effect, even though small companies are still struggling. CSI 300 Index up +0.83%, CNY USD down -0.06% The official manufacturing purchasing manager’s index jumped to 50.2, topping the average estimate of 49.8 by … [Read more...] about China’s Manufacturing and Non-Manufacturing PMIs Beat Estimates despite Omicron-led Disruptions
