Market Insights

UK mortgage rate chaos, are Persimmon and Taylor Wimpey weathered for the storm?

As UK mortgage rates continue to rise can top builders such as Taylor Wimpey & Persimmon deal with higher costs? We'll look at the financials.

06 Jul 2023, 16:33

Fears of a gloomy economic future are being fueled by a worldwide commodities slump.

Fears of a gloomy economic future are being fueled by a worldwide commodities slump.

06 Jul 2023, 15:24

Persimmon - Weekly

Persimmon not looking so good recently. A clear break below the key support level (trendline).

$9.66p

06 Jul 2023, 15:06

Taylor Wimpey - Weekly

Taylor Wimpey - We can see that the price has now fallen below the 50-day moving average on the weekly interval.

$1.03p

06 Jul 2023, 14:48

Markets are now expecting Bank of England interest rates to reach a 25-year high of 6.5%.

Markets are now expecting Bank of England interest rates to reach a 25-year high of 6.5%.

06 Jul 2023, 13:55