Crypto
Lloyds House Price Index Falls Short of Forecasts Amid Mixed Market Signals
The latest Lloyds House Price Index for the United Kingdom has come in below expectations. The YoY figure was -0.4%, compared to a forecast of 0.6%.
This is an unexpected downturn, and it may have implications for the broader economy. However, the exact impact remains to be seen.
Meanwhile, the AUD/USD currency pair has been consolidating around 0.7200, with no clear direction at this time. Hawkish RBA expectations are supporting the Aussie dollar, while upbeat US NFP data and escalating US-Iran tensions are bolstering the safe-haven US Dollar.