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Tag: UK

UK Service Sector Contracts First Time In Two Years

Jan 04 2013 10:01:02 Forexbrokerz.com in Market

UK's service sector activity declined for the first time in two years in December as incoming new work dropped marginally amid reports of a challenging trading environment, data from a survey by Markit Economics and the Chartered Institute of Purchasing and Supply (CIPS) showed Friday. Read more

Pound Steady Ahead Of UK Services PMI, Mortgage Approvals Data

Jan 04 2013 09:31:02 Forexbrokerz.com in Market

Markit is set to publish U.K. services PMI at 4:30 am ET. The index is expected to remain unchanged at 50.2 in December. The Bank of England is scheduled to release mortgage approvals for November. The number of mortgage approvals is seen at 54,000 in November, compared to 53,000 in October. Read more

UK Construction Sector Contracts Most In 6 Months

Jan 03 2013 10:01:03 Forexbrokerz.com in Market

U.K. construction sector contracted at the fastest pace in six months in December, driven mainly by a steep reduction in housing activity, data from a survey by Markit Economics and the Chartered Institute of Purchasing & Supply (CIPS) showed Thursday. Read more

UK House Prices Fall In December, Nationwide Says

Jan 03 2013 07:31:02 Forexbrokerz.com in Market

UK house prices declined 0.1 percent month-on-month in December after remaining unchanged in the previous month, a survey by Nationwide Building Society showed Thursday. Economists expected no change in prices in December. A typical UK home is now worth GBP 162,262. Read more

UK Factory PMI Rebounds In December

Jan 02 2013 10:01:03 Forexbrokerz.com in Market

An indicator of British manufacturing performance bounced back in December, suggesting that factory activity has returned to growth at the end of the year, a survey by Markit Economics showed Wednesday. Read more

UK Think Tank: 2013 Will Be "Groundhog Year" For Economy

Jan 02 2013 06:01:02 Forexbrokerz.com in Market

The UK economy will face a "groundhog year" in 2013, the Institute for Public Policy Research (IPPR) has warned in a report on Tuesday. Export growth has tailed off badly because Europe, the UK's main market, is back in recession. Read more

UK Housing Equity Withdrawal Negative At GBP 8Bln

Dec 31 2012 10:01:02 Forexbrokerz.com in Market

British households injected a net total of GBP 8 billion into housing equity in the third quarter, a report on Housing Equity Withdrawal (HEW) from the Bank of England showed Monday. This was slightly less than GBP 9.44 billion injected in the second quarter. Read more

Fxw Societe Generale: the Uk Economy Is Trundling Along Going Nowhere, Sterling Is the Cheapest of G10 Currencies and That

Dec 26 2012 08:31:05 Forexbrokerz.com in Market

FXW SOCIETE GENERALE: THE UK ECONOMY IS TRUNDLING ALONG GOING NOWHERE, STERLING IS THE CHEAPEST OF G10 CURRENCIES AND THAT IS ITS MAIN SUPPORT BUT, WHILE THE ECONOMY IS STUCK IN DOLDRUMS, THE FISCAL POSITION IS DETERIORATING AND AAA RATING IS UNDER THREAThe material has been provided by Instaforex... Read more

Hometrack Sees Further Decline In UK House Prices Next Year

Dec 24 2012 03:31:02 Forexbrokerz.com in Market

House prices declined for a sixth consecutive month in December, according to a survey published by Hometrack on Monday. The property market researcher said it expects prices to drop further in 2013. Home prices in England and Wales slipped 0. Read more

European Economics Preview: German Consumer Confidence, UK Q3 GDP Data Due

Dec 21 2012 07:01:03 Forexbrokerz.com in Market

Consumer confidence from Germany and final quarterly national accounts and public sector finances from the U.K. are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, German GfK consumer confidence survey data is due. Read more

UK December Consumer Confidence Declines - GfK

Dec 21 2012 00:31:19 Forexbrokerz.com in Market

A gauge of consumer confidence in the UK showed confidence deteriorated in December. The survey from research group GfK showed its confidence index fell to a reading of minus-29 from the November reading of minus-22. Most economists had expected the index for fall to minus-25. Read more

UK Property Market Recovery To Continue Next Year: CML

Dec 20 2012 12:01:02 Forexbrokerz.com in Market

Activity in the British mortgage market has been stronger than estimated, and the ongoing recovery is set to continue into 2013, supported in part by the government's Funding for Lending scheme, a report from the Council of Mortgage Lenders (CML) said Thursday. Read more

UK House Prices Post Largest-Ever Monthly Fall: Rightmove

Dec 17 2012 06:01:02 Forexbrokerz.com in Market

House prices in the U.K. posted the steepest decline on record in December, but remained 1.4 percent higher than a year earlier in 2012, a survey by Rightmove showed Monday. New seller asking prices fell 3.3 percent month-on-month in December to GBP 228,989. Read more

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