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Tag: UK

UK House Price Sentiment Remains Downbeat: Markit

Sep 21 2012 07:01:02 Stanimir Zhelev in Market

UK's house price sentiment continued to remain weak, with households reporting decline in prices for the twenty-seventh consecutive month in September, though at a slower rate, data from a survey by Markit Economics and Knight Frank showed Friday. The house price sentiment index came in at 46. Read more

Pound Slightly Up Following UK Retail Sales

Sep 20 2012 09:31:03 Stanimir Zhelev in Market

Following the release of U.K. retail sales for August at 4:30 am ET Thursday, the pound rose slightly against its major counterparts. The pound is now trading at 1.6190 against the greenback, 1.5087 against the franc, 0.8015 against the euro and 126.68 against the yen. Read more

Pound Mixed Ahead Of UK Retail Sales

Sep 20 2012 09:01:02 Stanimir Zhelev in Market

The Office for National Statistics is slated to release U.K. retail sales for August at 4:30 am ET Thursday. Retail sales are forecast to fall 0.3 percent month-on-month, reversing 0.3 percent rise in July. Ahead of the data, the pound showed mixed trading against other major currencies. Read more

European Economics Preview: Eurozone PMI, UK Retail Sales Data Due

Sep 20 2012 06:31:03 Stanimir Zhelev in Market

Flash Purchasing Managers' survey results from Eurozone and retail sales from the U.K. are due on Thursday, headlining a hectic day for the European economic news. At 2.00 am ET, Destatis is slated to publish Germany's producer prices for August. Producer price inflation is seen rising to 1. Read more

Pound Recovers Recent Losses As UK Annual Inflation Eases In August

Sep 18 2012 12:01:02 Stanimir Zhelev in Market

The pound recouped some of its previous session's losses against other major currencies in early deals Tuesday after an official report showed that the U.K. annual inflation slowed in August. The U.K. annual inflation eased to 2.5 percent in August, in line with expectations, from 2. Read more

Research: Uk Data to Favour more Qe from Boe

Sep 17 2012 09:31:02 Stanimir Zhelev in Market

Quotes from Societe Generale Cross Asset Research: -UK August CPI is expected to inch lower to 2.5% but with a drop in core of 0.3pp to 2.0% this will confirm a downward trend in inflation. Combined with weak retail sales forecast at -0. Read more

UK House Prices Post Biggest Aug. Drop As Olympics Deter Home Buyers

Sep 17 2012 05:31:03 Stanimir Zhelev in Market

House prices in the U.K. fell for a second consecutive month in August, recording the biggest-ever fall for the month as home buyers disengaged themselves from property search during key Olympic events. New sellers' reduced asking prices by an average 2. Read more

UK September House Price Balance -0.6% On Month - Rightmove

Sep 17 2012 00:31:23 Stanimir Zhelev in Market

The average asking price for a house in the United Kingdom was down 0.6 percent on month in September, property tracking website Rightmove said on Monday, coming in at 234,858 pounds. That follows the 2.4 percent fall in August and the 1.7 percent contraction in July. Read more

UK Construction Output Falls 10% In July

Sep 14 2012 11:31:05 Stanimir Zhelev in Market

British construction output decreased notably from last year in July, data released by the Office for National Statistics showed Friday. Production in the construction sector, on an unadjusted basis, plunged 10.1 percent year-on-year in July. There was a 14. Read more

Uk Construction Output down 10.1 Pct Y/y in July

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

British construction output fell 10.1 pct y/y in July compared to June, construction rose 2.2 pct The construction output decreased by 10.0 pct between May and July compared to the same three months in 2011 The material has been provided by Instaforex Company - instaforex. Read more

UK House Prices Rebound In August: Survey

Sep 14 2012 08:31:16 Stanimir Zhelev in Market

House prices in the United Kingdom increased for the first time in three months in August, due to lack of sufficient supply amid a marked increase in sales, data from a survey by Acadametrics and LSL Property Services showed Friday. The house price index increased 0. Read more

Boe's Kohn Calls Uk Banks to Cut Their Exposure to Ez; Urge to Lend at Home

Sep 13 2012 12:01:03 Stanimir Zhelev in Market

UK banks should reduce their exposure to EZ and lend at home instead - BoE's Kohn The FT reported Kohn as saying that this circle could be squared by banks reducing their overseas exposure. Read more

Investors Expect Volatility In UK Inflation To Persist: BoE

Sep 13 2012 06:01:02 Stanimir Zhelev in Market

Investors in the U.K. expect inflation to remain more volatile than in the past, at least for the next few years, the latest edition of Quarterly Bulletin published by the Bank of England revealed Thursday. Read more

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