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Traders Thread - Monday 21st October (TRAD)     

Greystone - 19 Oct 2013 07:26

skinny - 21 Oct 2013 13:30 - 14 of 17

CAD Wholesale Sales m/m 0.5% 0.6% 1.5%

skinny - 21 Oct 2013 15:00 - 15 of 17

USD Existing Home Sales 5.29M 5.31M 5.48M

Greystone - 21 Oct 2013 17:04 - 16 of 17

End-of-day Market Overview

skinny - 21 Oct 2013 17:49 - 17 of 17

Jump in London property asking prices 'unsustainable' - Rightmove

(Reuters) - Asking prices for homes in London jumped 10.2 percent between early September and early October, property website Rightmove said on Monday, fanning concern that a bubble may be forming in the capital.

The rise - the biggest monthly jump since the series began in 2002 - took annual price growth to 13.8 percent, more than five times the rate of inflation.

Widespread aspirations to home ownership in Britain make property a major driver of the economy and a housing market crash could shatter the recovery which has only recently begun to take hold in Britain, years after the global credit crisis undermined its banking sector.
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