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Gold steadies amid concerns over rising virus cases

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

Gold recovers from previous day slide on stimulus hopes

U.S. existing home sales rise above expectations in October

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Swedish economic sentiment indicator rises in November

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

Australian economic growth recovers strongly in Q3 2020

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UK mortgage approvals continuing to grow

Monday, October 26, 2015 11:18 PM UTC

At last there seems to be a little more life in the UK mortgage data with steady increases over the last three months. The latest Credit Conditions Survey (CCS) reported lenders expecting to increase mortgage availability in this quarter but looked for no increase in demand - an odd combination - demand is expected to increase. In that regard, the RICS survey provides a very good leading indicator of approvals, new buyer enquires. Enquiries softened in September but have displayed rising qoq growth. This is a reliable indicator of quarterly trends in approvals.

"We expect approvals to rise from 69.1k to 71.0k", notes Societe Generale.

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UK mortgage approvals continuing to grow

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