Market insights

Drop In UK House Prices - MI131123

The early hours of this morning saw Rightmove report a monthly contraction in house prices of -1.7%. This contradicts the previous reports from the Nationwide and the Halifax who reported a monthly increase in prices.

It will now be interesting to see the UK inflation number out on Wednesday.

Today is relatively quiet for scheduled news ahead of the early hours of tomorrow when there's Australian business confidence ahead of the UK's unemployment rate where the expectation is for the rate to remain at 4.2%.

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Economic calendar

AUS: Tuesday 00:30 Business Confidence

UK: Tuesday 07:00 Unemployment Rate

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