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UK: Annual Nationwide Housing Prices climb 0.9% in April

FXstreet.com (Barcelona) - On an annual basis UK Nationwide Housing Prices rose 0.9% in April, following a 0.8% increase registered the previous month, according to data released today by Nationwide. Market consensus pointed to 1.2% growth.

Month-over-month Nationwide Housing Prices fell 0.1% in April, after remaining unchanged in March and against forecasts of growing 0.3%.

UK: Apr Nationwide Housing Prices n.s.a (YoY) rise 0.9%; (MoM) fall 0.1%

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Forex: USD/JPY bounces after retesting lower 97.00 ground

The USD/JPY retried the 97.00 ground in today’s Asian morning, coming as low as 97.06, little above yesterday’s low of 97.02. Then, the pair erased its losses throughout the session and is just below flat ahead of the European opening. Labor Day should keep the market low in volumes, but many won’t miss the chance of trading the FOMC policy decision later at 18:00 GMT, as well as the ADP employment and ISM manufacturing PMI at 14:00 GMT.
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