Investor Confidence Hits Financial Crisis Low say Bank of America as Others Forecast Gold Price Rally

Spanish House Prices are on the increase with the price of both new-build and existing stock rising by 2.6% quarter-on-quarter in the second-quarter 2018.

The International Monetary Fund (IMF) reiterated its forecasts for a tepid U.K. economic performance over coming years just as analysts warn that headwinds from rising oil prices could put a further dent in growth. 

The Bank of England's Chief Economist and prominent Monetary Policy Member Andy Haldane has told a gathering in London that the U.K. is seeing a "new dawn breaking for pay growth."

The latest IHS Markit services PMI marks a duo of disappointments for the U.K. this week, although markets were largely unmoved by the result as the Brexit negotiations and ongoing Conservative Party conference continue to dominate the agenda for economists. 

The U.K.'s trade deficit widened during August although a strong performance over the last three months likely means international trade made a positive contribution to growth during the third-quarter, according to economists. 

Sterling extended losses Tuesday after the latest IHS Markit survey showed the beleaguered U.K. construction industry returning to the doldrums in September, prompting some economists to suggest the sector could soon return to recession.