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Tag: UK

UK ILO Jobless Rate Falls In 3-Months To May

Jul 18 2012 09:31:03 Stanimir Zhelev in Market

British unemployment rate declined in the quarter to May, the latest figures from the Office for National Statistics showed Wednesday. The ILO unemployment rate fell to 8.1 percent in March-May from a revised 8.3 percent in the three months through February. Read more

UK Inflation Eases To 2.4% In June

Jul 17 2012 09:31:04 Stanimir Zhelev in Market

U.K. annual inflation eased unexpectedly in June to reach the lowest level since November 2009, data from the Office for National Statistics showed Tuesday. Consumer price inflation fell to 2.4 percent in June from 2.8 percent in May. Read more

Pound Falls Following UK Inflation, DCLG House Price Index

Jul 17 2012 09:31:04 Stanimir Zhelev in Market

Amid the releases of U.K. consumer price figures for June and DCLG house prices for May at 4.30 am ET Tuesday, the pound declined against other major currencies. The pound is now trading at 1.5618 against the greenback, 0.7873 against the euro, 1.5269 against the franc and 123. Read more

Pound Mixed Ahead Of UK Inflation Data

Jul 17 2012 09:01:02 Stanimir Zhelev in Market

At 4.30 am ET Tuesday, the Office for National Statistics is expected to release the U.K.'s consumer price figures for the month of June. Ahead of the data, the pound showed mixed trading against other major currencies. Read more

European Economics Preview: UK Inflation, German ZEW Survey Due

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

Inflation figures from the U.K and German economic sentiment survey results from the Center for European Economic Research (ZEW) are the major European news due on Tuesday. Also in focus is Spain's 12 and 18-month Treasury Bill auction. Read more

UK Economy May Quit Recession This Year: ITEM Club

Jul 16 2012 05:01:02 Stanimir Zhelev in Market

The British economy would likely return to growth in the next six months, buoyed by falling inflation and higher consumer spending, a report from Ernst & Young ITEM Club showed Monday. The economy would see an "Indian summer" this year, the report said. ITEM Club said inflation should hit 1. Read more

UK House Prices Record Sharpest July Fall In 4 Yrs, Rightmove Says

Jul 16 2012 05:01:02 Stanimir Zhelev in Market

House prices in the U.K. declined for the first time in six months in July, while recording the sharpest fall for the month in four years, a survey by Rightmove, published Monday, showed. Prices dropped 1.7 percent month-on-month to 242,097 pounds. This followed a 1 percent increase in June. Read more

Pound Gains Amid UK Industrial Production And Trade Data

Jul 10 2012 09:31:04 Stanimir Zhelev in Market

After the releases of U.K. May industrial production figures and trade data at 4.30 am ET Tuesday, the pound rose against its major counterparts. The pound is now trading at 1.5527 against the greenback, 123.09 against the yen, 1.5161 against the franc and 0.7926 against the euro. Read more

UK May Trade Deficit Narrows More Than Expected

Jul 10 2012 09:31:03 Stanimir Zhelev in Market

UK's merchandise trade deficit decreased more than economists expected in May, data released by the Office for National Statistics showed Tuesday. The trade deficit decreased to GBP8.4 billion in May from the revised GBP9.7 billion in April. Economists were looking for a deficit of GBP9. Read more

Pound Mixed Ahead Of UK Industrial Production And Trade Data

Jul 10 2012 09:01:03 Stanimir Zhelev in Market

At 4.30 am ET Tuesday, the Office for National Statistics is due to release May industrial production figures, along with foreign trade data for the same month. Ahead of these reports, the pound showed mixed trading against its major counterparts. Read more

European Economics Preview: French, UK Industrial Production Data Due

Jul 10 2012 07:01:03 Stanimir Zhelev in Market

Industrial production figures from a number of European economies, including France and the U.K., are scheduled to be released on Tuesday, a moderately busy day for European economic news. At 2. Read more

UK Housing Market Activity "In Doldrums", RICS Survey Shows

Jul 10 2012 05:31:03 Stanimir Zhelev in Market

Housing market activity in the United Kingdom stalled in June as supply of new property declined and demand remained subdued, the latest survey by the Royal Institution of Chartered Surveyors (RICS) showed Tuesday. Read more

UK House Price Balance -22% In June - RICS

Jul 10 2012 00:01:03 Stanimir Zhelev in Market

The average asking price for a home in the United Kingdom continued to decline in June, the Royal Institute of Chartered Surveyors said on Tuesday, as 22 percent more surveyors reported a fall in prices than those that saw an increase. That follows the downwardly revised reading of -17 in May. Read more

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