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Tag: UK

Uk Unemployment Edges Lower As London Olympics Helps Creating Jobs

Aug 15 2012 09:31:03 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 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 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 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 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

Pound Strengthens Amid UK July CPI Report

Aug 14 2012 09:31:04 in Market

Following the release of the U.K. inflation report for July at 4:30 am ET, the pound edged higher against its major opponents. As of 4:32 am ET, the sterling was trading at 0.7876 against the euro, 123.52 against the yen, 1.5260 against the Swiss franc and 1.5724 against the greenback. Read more

UK House Prices Lowest In A Year, Sales Decline

Aug 14 2012 04:31:02 in Market

House prices in the U.K. declined to the lowest in a year in July, while sales plunged to near four-year low, a survey by the Royal Institution of Chartered Surveyors (RICS) revealed Tuesday. The headline house price balance fell to minus 24 in July from minus 22 in June. Read more

UK House Prices Fall Further In July - RICS

Aug 14 2012 00:01:17 in Market

House prices in the United Kingdom fell further in July, according to survey results released Tuesday by the Royal Institute of Chartered Surveyors. The monthly RICS price index fell to minus-24 from the June reading of minus-22. RICS noted the reluctance of lenders as a contributing factor. Read more

UK Tourist Arrivals Dropped During Olympics: Survey

Aug 13 2012 13:31:02 in Market

The number of tourists visiting the United Kingdom and new bookings for inbound tourists decreased during the Olympics, a survey conducted by trade body UKinbound and Qa Research showed Monday. Read more

Uk Factory Gate Inflation for July Eases to the Slowest Pace in Nearly Three Years

Aug 10 2012 09:31:04 in Market

News         UK Input prices rose 1.3 pct m/m, though they were still 2.4 pct lower in y/y terms , forecasts was for an annual decline of 1.5 pct. Producer output prices rose 1.7 on the year, compared with a downwardly revised 2. Read more

European Economics Preview: UK Output Price Data Due

Aug 10 2012 07:01:05 in Market

Output price figures from the U.K. and industrial production data from France are the main European economic news due on Friday. At 2 am ET, final inflation figures from Germany are expected. CPI Inflation was steady at 1.7 percent in July, according to preliminary estimates. At 2. Read more

Pound Mixed Amid UK June Trade Balance Report

Aug 09 2012 09:31:15 in Market

U.K.'s foreign trade data for June has been released by the Office for National Statistics at 4:30 am ET. The trade deficit widened to GBP 4.3 billion from previous month's revised deficit of GBP 2.71 billion in May. Economists had expected a deficit of GBP 3.1 billion. Read more

Pound Strengthen Ahead Of UK Trade Balance Report

Aug 09 2012 09:31:15 in Market

The Office for National Statistics is slated to issue U.K.'s foreign trade data at 4:30 am ET. The visible trade deficit is seen widening to GBP 8.7 billion from GBP 8.4 billion in May. The visible trade balance is the part that refers to international trades in physical goods. Read more

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