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Tag: UK

UK House Prices Decline 0.6% In July: Halifax

Aug 06 2012 08:01:03 in Market

House prices in the United Kingdom decreased in July after rising in the previous two months as prices continue to fluctuate on a monthly basis, data from Lloyds Banking Group's Halifax division showed Monday. The house price index decreased 0. Read more

UK Service Sector Growth At 19-month Low

Aug 03 2012 12:31:02 in Market

The U.K. service sector expanded at the slowest pace in nineteen months in July as the deepening economic slowdown continued to weigh on activity and demand, latest data showed. Read more

UK Service Sector Growth Weakens To 19-Month Low

Aug 03 2012 09:31:06 in Market

The British service sector expanded at the slowest pace in nineteen months in July, as the weakening economic climate weighed on activity, data from a survey by Markit Economics and the Chartered Institute of Purchasing and Supply (CIPS) showed Friday. Read more

Uk Services Pmi Hits 19-Month Low in July, at 51.0

Aug 03 2012 09:31:06 in Market

The Markit/CIPS services PMI fell to 51.0 in July from 51.3 in June, its lowest level since Dec 2010 Composite PMI in July was down to 49.5 from 51.1, its first contractionary reading since financial crisis in April 2009. Output is about 4. Read more

Uk Has No Plans to Fully Nationalize Rbs - Sources

Aug 02 2012 13:31:04 in Market

 News UK govt has no plans to fully nationalize RBS in which it already holds an 82 pct - Govt sources told Reuters The Financial Times reported that senior Govt ministers were discussing the possibility of buying out private investors in the bank. Read more

Pound Halts Downtrend Amid UK Construction PMI Report

Aug 02 2012 09:31:05 in Market

Following the release of Markit Economics' U.K. CIPS construction PMI report for July at 4:30 am ET, the pound paused its recent decline against its major opponents. As of 4:32 am ET, the sterling was trading at 0.7893 against the euro, 1.5244 versus the Swiss franc, 121.95 against the yen and 1. Read more

Uk Construction Pmi Jumps Back Into Expansion, Now at 3 Month High of 50.9

Aug 02 2012 09:31:04 in Market

UK's construction PMI once again proved hard to predict with jump above 50 mark to 50.9 Economists expected the PMI to decline a bit to 48. Read more

Pound Declines Ahead Of UK Construction PMI Report

Aug 02 2012 09:01:03 in Market

Markit Economics is slated to release U.K. CIPS construction PMI report at 4:30 am ET. The index is seen rising to 48.7 in July from 48.2 a month ago. The pound edged lower against its major rivals ahead of the report. As of 4:25 am ET, the sterling was trading at 0.7897 against the euro, 1. Read more

Research: Global Mutual and Etf Fund Inflows Into US and Uk Equities Positive

Aug 01 2012 09:31:11 in Market

Quotes from Societe Generale Cross Asset Research: -Thanks mainly to the continuation of net inflows into US equities, overall equity flows have remained positive. Without the inflows into UK equity funds, the balance for European equity funds would have been more negative. Read more

Uk Manufacturing slips at Fastest Pace in Over 3 Years in July - Pmi

Aug 01 2012 09:31:11 in Market

Markit/CIPS Manufacturing PMI dropped to 45.4 from a downwardly revised 48.4 in June, in yet another contraction. Export orders fell at the sharpest rate since the height of the financial crisis in Feb 2009, and the output index slumped to 43.3 from 51.9. Read more

Dollar Strengthens Against Most Majors As Weak UK PMI Triggers Risk-aversion

Aug 01 2012 09:31:10 in Market

The US dollar regained ground against most of its major rivals in early deals Wednesday as the worse than forecast UK manufacturing PMI numbers initiated some fresh safe-haven buying. Read more

Uk House Prices down 2.6 Pct in July in An unexpected Fall

Aug 01 2012 07:01:02 in Market

UK's House prices by mortgage lender Nationwide declined sharply by -0.7 pct m/m in an unexpected fall, steepest since 2009 Economists expected no change in home prices while expecting 1.8 pct decline from last year's level (Actual fall 2. Read more

UK Inflation Slows In July - BRC

Aug 01 2012 00:31:03 in Market

Overall shop price in flation in the United Kingdom slowed in July to 1.0 percent from 1.1 percent in June, the British Retail Consortium reported Wednesday. Food inflation declined in July to a two year low of 3.1 percent from 3.5 percent in June. Read more

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