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3 Numbers to Watch: UK house prices, BoE and ECB rate decisions
Today’s monthly report on the Halifax House Price Index will probably deliver more good news for Britain’s economic outlook. Later, the European Central Bank and the Bank of England are scheduled to dispense interest rate announcements. Keep in mind that Europe's economic news will receive added attention with US markets closed for the July 4 holiday. Also, with a new round of political crisis roiling Portugal, the crowd will be filtering today’s numbers through the prism of what the headlines tell us with regards to events on the ground in Lisbon. Given that it's (still) all about the hefty debt load weighing ... (full story)