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Tag: UK

Osborne Says Euro Crisis Is "Killing" UK Recovery: Report

Jun 11 2012 06:31:14 Forexbrokerz.com in Market

The recovery of the British economy is being "killed off" by the Eurozone debt crisis, UK Chancellor George Osborne wrote in the Sunday Telegraph. Read more

Uk may Producer Price Inflation Lowest in 2-1/2 Years As Oil Cost Falls

Jun 08 2012 09:31:06 Forexbrokerz.com in Market

UK producer output prices fell 0.2 pct m/m and 2.8 pct y/y, its lowest since Nov 2009. Input prices dropped 2.5 pct m/m as crude oil costs slumped 7.7 pct and eased to 0.1 pct y/y, lowest since Sept 2009 ONS said that the total volume of all new construction orders in the Q1 grew by 4. Read more

Uk Inflation Expectations Jumps Remarkably in may Despite Recent Decline in Actual Rate

Jun 08 2012 09:31:04 Forexbrokerz.com in Market

Despite recent decline in actual inflation, UK inflation expectation jumped substantially, pausing difficult questions to C bankers debating about more easing Inflation expectation in May survey  were up at 3.7 fro year ahead, 3.4 pct for 2 yr ahead and 3. Read more

Pound Strengthens After UK Services PMI Report

Jun 07 2012 09:31:05 Forexbrokerz.com in Market

Following the release of the U.K. services PMI report for May at 4:30 am ET, the pound edged higher against its major opponents. As of 4:32 am ET, the sterling was trading at 1.48 against the Swiss franc, 1.5468 against the dollar, 122.65 against the yen and 0.8120 against the euro. Read more

Uk Pmi Posts Surprise Jump to 53.3 in May

Jun 07 2012 09:31:04 Forexbrokerz.com in Market

The headline activity index of the Markit/CIPS purchasing managers' survey out in at 53.3 for May The new business index rose to 54.8, its highest since Jan Business expectations were at their lowest since Dec as firms fretted about public sector spending cuts and the euro zone debt crisis. Read more

Pound Steady Ahead Of UK Services PMI Report

Jun 07 2012 09:01:02 Forexbrokerz.com in Market

The U.K. CIPS/Markit services PMI is due out at 4:30 am ET. The index is seen falling to 52.4 in May from 53.3 in April. The pound held steady against its major opponents ahead of the report. As of 4:25 am ET, the sterling was trading at 1.4786 against the Swiss franc, 1. Read more

Uk Will Demand Safeguards in Lieu for Approving Banking Union - Osborne

Jun 07 2012 08:31:08 Forexbrokerz.com in Market

Britain want to ensure safeguards are in place to protect its financial sector if the euro zone moves towards establishing a banking union, Osborne said He said that any such move would require treaty change and UK also need to approve it He also urged the single currency bloc to use its bailout ... Read more

Pound Ticks Down Amid UK Halifax House Price Report

Jun 07 2012 08:01:04 Forexbrokerz.com in Market

Following the release of Halifax house price report for May at 3:00 am ET, the pound drifted lower against its major counterparts. As of 3:02 am ET, the British sterling was trading at 1.4787 against the Swiss franc, 1.5450 against the dollar, 122.60 against the yen and 0.8130 against the euro. Read more

Uk House Prices Advances 0.5 Pct in may halifax

Jun 07 2012 08:01:03 Forexbrokerz.com in Market

UK house prices rose by 0.5 pct in May, rebounding from a 2.3 pct decline in April, figures from mortgage lender Halifax showed The Halifax house price index showed house prices were 0.1 pct down in the three months to May compared with a year ago. Read more

UK Manufacturing Sector To See Mild Contraction In 2012: EEF

Jun 07 2012 04:31:03 Forexbrokerz.com in Market

The British manufacturing sector will likely undergo a 0.1 percent contraction this year after a sharp downturn last year, manufacturing organization EEF said Thursday. Read more

UK May Retail Sales Climb 1.3% On Year - BRC

Jun 07 2012 00:31:02 Forexbrokerz.com in Market

Retail sales in the United Kingdom jumped 1.3 percent on year in May, the British Retail Consortium said on Thursday - blowing away forecasts for a gain of 0.7 percent following the 3.3 percent contraction in April. Read more

Pound Steady Amid UK Construction PMI Report

Jun 06 2012 09:31:23 Forexbrokerz.com in Market

Following the release of the U.K. CIPS/Markit construction PMI report for May at 4:30 am ET, the pound held steady against its major counterparts. As of 4:31 am ET, the sterling was trading at 1.4850 against the Swiss franc, 1.5478 against the dollar, 122.55 against the yen and 0. Read more

Uk Construction Growth Slows, Dents Hopes for Economic Recovery - Markit

Jun 06 2012 09:31:22 Forexbrokerz.com in Market

The Markit/CIPS Construction PMI fell to 54.4 from 55.8 in April beating forecasts for a fall to 54.2. Read more

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