Market comment

UK Rightmove asking prices bounce back in April

DAVY VIEW

With US/China trade tensions the key focus of the IMF’s spring meetings, Friday’s data (April 12th) showed Chinese exports rising by 21% on the month, easing fears on the health of the US economy, with US Treasury Secretary Steve Mnuchin making positive soundings on progress in trade talks over the weekend. UK Rightmove asking price data increased by 1.1% in April, raising hopes of a Brexit-relief rally in the coming months.

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Apr 15 2019, 08:45 IST/BST

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