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UK housing market data to support
Pound higher Monday
British real estate agency Hometrack morning, data showed British house prices raise monthly rate of 0.2%, 1.3% annual raise. March to raise monthly rate of 0.2%, 1.8% annual raise.

Bank of Ireland said last week in the first quarter of the UK gross domestic product is less than expected, to bring pressure on sterling. On the other hand, the pound suffered political pressure is reduced, as the three major political parties in the current macro-economic policies not very different, but share in the amount of National Insurance (National Insurance Contributions) aspects of the differences are not small.

While national investors last Friday, on concerns of the Greek sovereign debt crisis eased, but the pound against the euro is still relatively attractive. The Government last Friday launched the EU (European Union) and the International Monetary Fund (IMF) assistance program, the total amount of assistance the next few months could be 45 billion U.S. dollars.

In addition, global stock markets closed higher last week, all the shock, this was mainly due to the U.S. housing market stronger than expected support. May Brent crude price is up to 86 dollars / barrel, copper will continue trading in 7700 U.S. dollars / ton.
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