One bad news here today. The main problem of credit crisis-house prices decline-still keep going. U.K. house prices dropped by the most in at least 17 years. The average cost of a home fell 14.6 percent from a year earlier.
U.K. policy makers are trying to ease strains in credit markets. Consumer borrowing rose at the slowest pace and mortgage approvals stayed close to the lowest in at least nine years, Bank of England figures show.
About Me
- Dincer Keskinpala
- I am a trader on global markets. Also watching emerging markets and following everything about macroeconomy. I am also interested in all kind of business.
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