Market Updates
French Confidence Rebounds, UK March borrowings at
Arthi Gupta
24 Apr, 2012
New York City
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French confidence improved in April and the index was the highest since November 2010. UK public borrowing rose in March as the government struggles with revenues and fees.
[R]2:30 PM Frankfurt – French confidence improved in April and the index was the highest since November 2010. UK public borrowing rose in March as the government struggles with revenues and fees.[/R]
French Sentiment Improves
French consumer confidence improved in April, data released by INSEE showed today.
The seasonally adjusted consumer confidence indicator rose to 88 in April from 87 in March. The latest reading is the highest since November 2010, when it was 91.
Spanish Home Mortgages Fall
The number of housing mortgages in Spain fell 47.1% annually in February compared to the 41.3% drop in January, data released by the statistics office INE showed.
UK Public Sector Borrowing Rises
The UK''s public sector net borrowing rose from a year-ago level in March, data from the Office for National Statistics showed today.
Public sector net borrowing excluding temporary effects of financial interventions rose to £18.2 billion in March from £17.95 billion last year. This was also higher than £12.2 billion in borrowing in February.
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