Today, On Dec 1st 2010 at 11.00GMT “Nationwide” released another UK Housing Price Index (HPI) report for November.
Previous value -0.7% Forecast -0.4%
Nationwide HPI m/m is an indicator helping to monitor price changes in the housing market with the focus on those objects which are bought for the money lent by Nationwide itself.
The stable attractiveness of the housing market, together with its turnover and operative info supply, makes Nationwide HPI news releases very important for Forex traders and investors as it influences the British Pound currency rate.
Generally the direction of changes in the value of HPI matches the one of GBPUSD.
The data are been published at the end of each month
You are free to discuss this article here: forum for traders and investors
No comments:
Post a Comment