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Tag: UK

UK House Prices Ease 0.1% On Month In November - Hometrack

Dec 03 2012 02:01:41 in Market

An index measuring house prices in the United Kingdom was down 0.1 percent on month in November, property tracking website Hometrack said on Monday. That's unchanged from the October reading and down for the fifth consecutive month. On a yearly basis, house prices were down 0. Read more

UK Consumer Confidence At 18-Month High

Nov 30 2012 04:01:05 in Market

Confidence among British consumers rose to its highest level in 18 months in November as they turned more upbeat over the prospects of their personal as well as general economic situation, a survey by GfK NOP showed Friday. The headline index rose to -22 in November from -30 in October. Read more

UK Consumer Confidence Rises In October - GfK

Nov 30 2012 00:31:14 in Market

Consumer confidence in the United Kingdom rose this month, according to survey results released Friday by the GfK NOP firm. The GfK index rose to a reading of minus-22 from an October reading of minus-30. Read more

Fxw Research: Uk Assets Could Lose Support of Boe

Nov 28 2012 10:31:02 in Market

Quotes from Societe Generale Cross Asset Research: -Even if we continue to favour UK assets over US ones, both markets are strongly correlated. UK and US equities are both trading at all-time highs (dividend included) and 10Y Gilt and Treasuries are moving together. Read more

Pound Mixed Against Majors; UK Q3 GDP Unrevised At 1%

Nov 27 2012 13:31:04 in Market

The pound strengthened against the euro and the Swiss franc in early deals Tuesday after a report showed that the U.K. economy exited double-dip recession as previously expected in the third quarter. Read more

UK Service Sector Output Contracts In September

Nov 27 2012 10:01:03 in Market

An indicator of British service sector output declined in September compared to the previous month, data from the Office for National Statistics showed Tuesday. The seasonally adjusted index of services fell 0.5 percent month-on-month in September, in line with expectations. Read more

Fxw Research: Uk Downgrade Unlikely to have a Material Impact on Its Equities Market

Nov 23 2012 12:01:04 in Market

Quotes from HSBC Global Research: -A one-notch credit rating in isolation would not have a material impact on the UK equity market, in our view. But it may trigger some short-term volatility, as happened when the US was downgraded by Standard & Poor's in August 2011. Read more

Fxw Research: Gbp Would be Vulnerable to a Uk Downgrade

Nov 23 2012 12:01:04 in Market

Quotes from HSBC Global Research: -A risk-reward mindset favours selling GBP. GBP would be vulnerable to a downgrade, especially if it was viewed as the first of a sequence. Read more

UK October Mortgage Approvals Rise More Than Expected: BBA

Nov 23 2012 10:31:03 in Market

UK's mortgage approvals increased more than expected in October, data released by the British Bankers' Association (BBA) showed Tuesday. The number of mortgages approved for house purchase increased to 33,039 in October from 31,544 in September. Read more

UK Mortgage Lending Rises 4% In October: CML

Nov 20 2012 11:01:02 in Market

Mortgage lending in the United Kingdom increased from last year in October, reversing the decline seen in the previous month, data released by the Council of Mortgage Lenders (CML) showed Tuesday. Overall mortgage lending increased 4 percent year-on-year to GBP12. Read more

Signs Of Recovery In UK Housing Market Despite Nov. Price Drop

Nov 19 2012 04:01:05 in Market

Signs of recovery are emerging in the British property market with house prices posting the least severe November fall in three years along with some positive developments in other indicators, a survey by Rightmove revealed Monday. Average asking price for a property in the UK fell 2. Read more

UK House Prices Dip 2.6% In November - Rightmove

Nov 19 2012 00:31:19 in Market

The average asking price for a home in the United Kingdom was down 2.6 percent on month in November, property tracking website Rightmove said on Monday, after climbing 3.5 percent in October. On a yearly basis, asking prices climbed 2.0 percent after collecting 1.5 percent in the previous month. Read more

UK House Price Sentiment Recovers In November: Markit

Nov 16 2012 12:01:02 in Market

Confidence among British households about prices of their homes weakened at the most modest pace in twenty eight months in November, data from a survey by Markit Economics and Knight Frank showed Friday. The house price sentiment index increased to 47. Read more

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