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05.02.2015 15:30

German Factory Orders and U.K. House Prices rose more-than-expected

Today data on German Factory orders for December came in at +4.2%, largely higher than the expected 1.5% with a reading of -2.4% in the previous month.

The Halifax House Price Index for January rose by +2.0%, beating forecasts of a slight increase of +0.2%. In the three months to January the index rose by +8.5%, higher than the +7.8% predicted by economists.

Market focus

  • BOJ keeps policy steady, signals chance of easing in October
  • UK retail sales fell slightly in August
  • Fed lowers interest rates by 25 basis points, as expected
  • SNB leaves policy rate unchanged at -0.75%
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