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Tag: UK

UK House Price Sentiment Deteriorates Further: Knight Frank

Aug 17 2012 11:31:16 Stanimir Zhelev in Market

Confidence among British households about their property prices continued to weaken in August, data from a survey by Knight Frank and Markit Economics showed Friday. The house price sentiment index (HPSI) dropped to 44.5 in August from 45. Read more

Boe's Weale : Uk Economy in Stagnation, Not Recession - Paper

Aug 16 2012 14:31:02 Stanimir Zhelev in Market

UK's economy is in stagnation rather than recession, EZ debt crisis is the biggest source of uncertainty - Weale quoted as saying by Birmingham Mail Weale added the squeeze on household spending through rising fuel prices was coming to an end. Read more

UK Car Production Continues To Rise In July

Aug 16 2012 10:01:03 Stanimir Zhelev in Market

Car manufacturing in the U.K. increased for a thirteenth consecutive month in July, the Society of Motor Manufacturers and Traders (SMMT) said Thursday. Production surged 22.2 percent year-on-year in July to 119,882 units. An increase of 15. Read more

Pound Spikes Up Amid UK July Retail Sales Report

Aug 16 2012 09:31:07 Stanimir Zhelev in Market

The Office for National Statistics released the U.K. retail sales report for July at 4:30 am ET and the figures came in above economists' forecast. The pound edged sharply higher against its major rivals following the report. As of 4:32 am ET, the sterling was trading at 0. Read more

Uk Retail Sales Rises more Than expected in July

Aug 16 2012 09:31:06 Stanimir Zhelev in Market

UK retail sales were up by 0.3 pct mm in July, while rising 2.8 pct in YY terms Economists expected 0.1 pct decline in Retails sales, while expected them to rise 2.8 pct in YY Terms Core retail sales were also better than expected with flat growth in MM terms while rising 3. Read more

Pound Strengthens Ahead Of UK Retail Sales Report

Aug 16 2012 09:01:03 Stanimir Zhelev in Market

The Office for National Statistics is slated to publish U.K. retail sales for July at 4:30 am ET. Economists forecast sales to fall 0.1 percent month-on-month, offsetting last month's 0.1 percent rise. Excluding auto fuel, sales are forecast to decline 0.2 percent from the prior month. Read more

Pound Recovers Asian Session Losses After UK Jobless Rate, BoE Minutes

Aug 15 2012 10:31:02 Stanimir Zhelev in Market

The pound erased some of its Asian session losses against other major currencies in early London/European deals Wednesday as the U.K. jobless rate fell unexpectedly in June and the Bank of England policy makers unanimously decided to keep rate and QE unchanged. Read more

Sterling Spikes Up Amid BoE Minutes, UK Jobless Data

Aug 15 2012 09:31:04 Stanimir Zhelev in Market

The minutes of Bank of England's August Monetary Policy meeting and the Office for National Statistics data on the U.K. unemployment figures have been released at 4:30 am ET. The pound edged higher against its major rivals following the data. As of 4:31 am ET, the sterling was trading at 0. Read more

Uk Unemployment Edges Lower As London Olympics Helps Creating Jobs

Aug 15 2012 09:31:03 Stanimir Zhelev in Market

The number of people claiming jobless benefit fell by 5,900 in July against the estimate for an increase of 6,000 on the month. The number of people without a job on the wider ILO measure fell by 46,000 in the three months to June to 2.564 million. The jobless rate dipped to 8. Read more

Pound Strengthens Ahead Of BoE Minutes And UK Unemployment Data

Aug 15 2012 09:01:02 Stanimir Zhelev in Market

At 4.30 am ET, the Bank of England is set to release minutes of the Monetary Policy meeting held on August 1 and 2. The bank had maintained quantitative easing at GBP 375 billion and its interest rate at 0.50 percent. In the meantime, the Office for National Statistics is scheduled to publish U. Read more

Research: Uk Labour-Market Data Likely to Signal continued Weakness

Aug 15 2012 08:31:02 Stanimir Zhelev in Market

Quotes from Standard Chartered: -UK labour-market (15 August) and retail sales (16 August) data will give a preliminary indication of the impact of the Olympics on activity in July. Read more

UK Inflation Rises Unexpectedly In July

Aug 14 2012 11:01:02 Stanimir Zhelev in Market

British inflation bounced back unexpectedly in July as the impact of heavy summer discounting earlier than usual this year started to fade. Economists see the development as temporary and expect inflation to continue its downward trend for the rest of the year. Inflation rose to 2. Read more

Uk Inflation Shows Surprise Jump in July on Soaring Airfares, Beats Estimates

Aug 14 2012 09:31:04 Stanimir Zhelev in Market

UK Consumer price inflation inched up to 2.6 pct from 2.4 pct in June, the Office for National Statistics said The ONS said that airfares jumped 21.7 pct m/m ,the largest rise from June to July since 2004. Read more

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