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Tag: UK

UK Service Sector Output Contracts In September

Nov 27 2012 10:01:03 Stanimir Zhelev 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 Stanimir Zhelev 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 Stanimir Zhelev 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 Stanimir Zhelev 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 Stanimir Zhelev 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 Stanimir Zhelev 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 Stanimir Zhelev 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 Stanimir Zhelev 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

UK Jobless Claims Show Unexpected Rise While Unemployment Rate Dips

Nov 14 2012 11:01:09 Stanimir Zhelev in Market

The number of persons claiming jobless allowance in the UK increased unexpectedly in October, while the unemployment rate fell to its lowest level in more than a year in the three months through September, the latest figures from the Office for National Statistics showed Wednesday. Read more

Pound Mixed Ahead Of UK Claimant Count Report

Nov 14 2012 09:31:03 Stanimir Zhelev in Market

The U.K. labor force survey results are due out at 4:30 am ET. The number of people claiming unemployment benefits is expected to remain flat. The jobless rate for three months to September is seen at 7.9 percent. The pound showed mixed trading against its major rivals ahead of the report. Read more

UK House Prices Rise At Slower Rate In September

Nov 13 2012 10:01:02 Stanimir Zhelev in Market

Residential property prices in the United Kingdom increased at slower pace in September, defying economists' forecast for a faster growth, data released by the Office for National Statistics showed Tuesday. The house price index increased 1. Read more

Uk Obr says Change to Handling of Boe Qe Payments Means Public Sector Net Borrowing Will be Lower in Near Term, Net Borrowing

Nov 09 2012 13:01:04 Stanimir Zhelev in Market

UK OBR SAYS CHANGE TO HANDLING OF BOE QE PAYMENTS MEANS PUBLIC SECTOR NET BORROWING WILL BE LOWER IN NEAR TERM, NET BORROWING IS THEN LIKELY TO BE HIGHER IN FUTURE YEARS AS APF MOVES INTO DEFICIT AND TREASURY HAS TO COVER THISThe material has been provided by Instaforex Company - instaforex. Read more

UK Construction Output Falls 2.6% In Q3

Nov 09 2012 10:31:02 Stanimir Zhelev in Market

British construction output declined 2.6 percent quarter-on-quarter in the third quarter, the latest figures from the Office for National Statistics showed Friday. Data released along with the preliminary estimate for the third quarter gross domestic product had shown a decline of 2. Read more

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