- Analytics
- News and Tools
- Market News
- UK Consumer Confidence falls due to homeowner pessimism –YouGov survey
UK Consumer Confidence falls due to homeowner pessimism –YouGov survey
According to the latest survey conducted by YouGov and consultancy the Centre for Economics and Business Research, British consumer confidence fell in September due to a steep deterioration in homeowners’ attitudes towards their house values.
Key takeaways
“The overall consumer confidence index for the month decreased by 1.1 points, from 98.8 to 97.7.”
"For the third month in a row, homeowners’ views of their property’s value fell and we may see this fall further still, following speculation around rising interest rates in the months to come.”
Market reaction
GBP/USD shrugs off the above survey findings, keeping gains intact beyond 1.1000. The pair was last seen adding 0.63% on the day at 1.1030.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
