EUR/USD
1.16953
0.855%
Gold
4830.92
2.662%
Oil
88.409
-12.449%
USD/JPY
158.159
-0.912%
GBP/USD
1.34234
0.984%
GBP/JPY
212.304
0.084%
Real-time News
Frances February trade balance will be released in ten minutes.UK house prices unexpectedly fell last month, according to British mortgage lender Halifax on Wednesday, as economic uncertainty stemming from the conflict with Iran dampened buyer demand. Halifax reported a 0.5% month-on-month decline in March, compared to a 0.3% increase in February, while the market consensus was for a 0.1% rise. This contrasts with findings from rival mortgage lender Nationwide, which recorded a significant price increase in March. Halifax reported a 0.8% year-on-year increase in its house price index, compared to a forecast of 1.5%. Halifaxs head of mortgage lending, Amanda Bleden, said: "The recent slowdown in the housing market reflects the widespread uncertainty surrounding the conflict in the Middle East. Concerns about rising energy prices have increased inflation expectations, which in turn has led to higher mortgage rates, reducing confidence in rate cuts this year and dampening the initial momentum seen in the market at the beginning of the year."The Indian Embassy in Tehran strongly urges Indian citizens in Iran to leave Iran immediately, coordinate with the embassy, and use the routes recommended by the embassy.Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation: There will never be cheap oil again.Market pricing indicates that the money market has lowered its estimate of the probability of a rate hike at the ECBs April meeting from 60% on Tuesday to 20%.
