
At 08:00 (GMT+2), the July Nationwide house price index will be released. The indicator, published by Nationwide Building Society, measures the change in the average price of homes financed through mortgages issued by the society in the United Kingdom and is a leading indicator of developments in the UK housing market. If negative dynamics intensify from 0.0% MoM to −2.2% YoY, this could put pressure on the pound.

