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At 08:00 (GMT+2), the Nationwide Building Society House Price Index for May will be released. It measures the change in the average price of a house with a mortgage issued by the building society in the United Kingdom and is a leading indicator of the national property market. It may If the indicator falls on a monthly and year’s basis from –0.6% and from 3.4%, respectively, this will put pressure on the pound quotations.
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