Bank of England creates new mortgage rules to prevent bubble

Source: Reuters
The Bank of England decided to implement new rules for mortgages in the country in order to prevent the property market from further strong price increases and limit the negative effect on the economy in the future. As planned, from October the U.K. banks will be allowed to have not more than 15% of new mortgages, the volume of which will 4.5 times exceed the income of a borrower.
Back to articles

Actual Topics

Fri, 27 Jun 2014 06:56:17 GMT

Japanese unemployment falls in May

Unemployment level in Japan surprisingly declined in May of this year and reached the 3.5% level, despite concerns the increase of the sales tax will cut economic activity and negatively influence the labor market. Economists, in turn, expected the jobless rate to stay unchanged from April's level on 3.6%. During the year, the total number of unemployed people in the

Thu, 26 Jun 2014 14:04:14 GMT

U.S. economy drops 2.9% in Q1

Economic decline in the United States in the first three months of this year was revised strongly to the downside, as the country's GDP slipped 2.9% on the annual basis. Previous expectations showed a 1% decline. Therefore, it was the most radical data revision since 1976. Analysts explain the decrease by fall in healthcare spending, while orders for durable goods

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.