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China's banking regulator has advised lenders they need to scrutinize the stream of consumer loans into property more closely. Lenders can see this link when running a credit search, and are in a position to view your accomplice's borrowing historical past and vice versa. On currency markets, the pound rebounded to hit a fresh seven-week excessive in opposition to the greenback at $1.5338, recovering from earlier losses made after the slowing UK GDP knowledge as the US currency itself suffered from the weak consumer confidence information and uncertainties forward of the Fed meeting end result. The US posted a horrific shortfall in consumer confidence and this really plays towards the concept that the Federal Reserve can hike charges any time soon.