The British pound surged on Monday, climbing by as much as 2.18% against the dollar, after an opinion poll over the weekend suggested the U.K. was leaning toward voting to stay in the European Union in this Thursday’s referendum. Sterling was trading at $1.462 at 0930 GMT, setting the pound on course for its strongest one-day rally since 2009 and the financial crisis.
A gauge of home-builder sentiment rose in June, a sign of solid growth in the nation’s housing market. The National Association of Home Builders housing market index rose to a seasonally adjusted level of 60 in June, the trade group said Thursday, up from 58 in May and the highest reading since January. A reading over 50 means most builders generally see conditions in the single-family housing market as positive.
Although the clouds are still let the sun in the selective Spanish stock market, there are still some burn cartridges before lowering the stock in our investment hell called talk the great primary bear trend which we still have in mind from 2008-2012.Many are still injured from that average downward cycle of domestic firms, other trend followers, whether they were working, they made their grand August from 2012 to 2015 and now means we’re still correcting the excesses of these very fertile years.
Although it appears that all European indexes carry the same direction, if we compare the figures and technical aspects there are notable differences. This week investors expect rain in May as the appearance of Mr. Draghi in one of his last appearances in 2015, most are genetically bullish as most investors or market speculators and therefore expect to make up its annual results with that appearance.
The steady weakening in recent weeks have led oil prices to quarterly minimum, this together with the somewhat volatile international scene is pushing the oil industry to be on the front cover of the rotary, the importance of this sector military conflicts. Of course, prices have become clearly oversold these days and this produced the entrance hunting for bargains in the market, reached $ 40 saw the entry of the smart money looking for quick returns and short-term this produced the current rebound arriving yesterday at 42 $ with a 6% rise environment.