European markets have opened higher today, extending Friday’s gains.

Closer home, Rightmove reported that the house price index in the UK climbed 3.3% MoM in February, compared to a 1.0% increase in the previous month. On Sunday, Mark Carney, the Bank of England Governor, commented that the UK central bank would start to increase interest rates only when the nation’s economy is operating at closer to full capacity.

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