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Tag: UK

Research: Uk Downgrade Does Not Appear Imminent

Mar 19 2012 14:31:17 Forexbrokerz.com in Market

Quotes from Barclays Capital: -The importance of tackling the UK's rising debt is at the centre of attention again last week as the rating agency Fitch lowered the outlook of UK debt to 'negative' from 'stable' stating the country's level of indebtedness was significantly above the triple-A median... Read more

Research: Improvement in Euro Zone Financial Conditions Continues, Particularly Relative to the Uk

Mar 19 2012 12:31:59 Forexbrokerz.com in Market

Quotes from RBS: -There continues to be a marked improvement in the Euro zone financial conditions, particularly relative to the UK. Read more

UK Household Finance Index Continues To Fall: Markit

Mar 19 2012 06:31:03 Forexbrokerz.com in Market

An index of household finances in the United Kingdom decreased at a faster pace in March, data from a survey by Markit Economics showed Monday. The household finance index, which is designed to anticipate changing consumer behavior, dropped to 37.8 in March from 38. Read more

Uk Banks Slims Their Exposure to European Debt in Q4

Mar 16 2012 16:31:07 Forexbrokerz.com in Market

News UK banks have reduced their exposure to European debt in Q4 Thetotal claims on developed European countries fell to $1.100 trillion from $1.184 trillion in the Q3 British banks cut their exposure to Germany by $42.6 billion to $187. Read more

UK House Price Sentiment Continues To Fall: Markit

Mar 16 2012 06:01:03 Forexbrokerz.com in Market

An indicator of British households' views of residential property prices deteriorated for the twenty-first consecutive month in March, data from a survey by Knight Frank and Markit Economics showed Friday. The house price sentiment index came in at 46. Read more

Fitch Cuts UK Credit Outlook To Negative; AAA Rating Under Pressure

Mar 15 2012 04:31:03 Forexbrokerz.com in Market

Fitch Ratings has downgraded the UK's credit rating outlook to 'negative' from 'stable', citing the economy's vulnerability to adverse economic shocks due to high indebtedness and weak economic outlook. Read more

Pound Pauses As UK Jobless Claims Rise Above Forecast

Mar 14 2012 11:31:05 Forexbrokerz.com in Market

The pound halted previous session's rally versus other major currencies in early European trading on Wednesday following a report showed that the U.K. jobless claims increased more than expected in February. Read more

UK Plans To Unveil 100-Year Bonds

Mar 14 2012 03:31:19 Forexbrokerz.com in Market

The UK government is considering issuing new "super-long" gilts, which will have a maturity of hundred years or more, reports said citing Treasury sources. Read more

Pound Halts Rally As UK Trade Gap Widens

Mar 13 2012 10:31:12 Forexbrokerz.com in Market

The pound paused its recent rally against other major currencies in early European trading on Tuesday following a report showed that the nation's trade gap widened in the month of January. U.K.'s trade deficit widened to GBP 7.5 billion in January from GBP 7. Read more

Research: Uk Trade Data Could Land another Blow on Gbp

Mar 13 2012 08:31:04 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -In currencies, GBP, AUD and NZD in particular look vulnerable. The malaise in GBP has translated into the ascent of EUR/GBP above 0.8400. The pair has tested this level five times since December and only managed to break through once. Read more

UK February House Price Index Improves - RICS

Mar 13 2012 01:01:55 Forexbrokerz.com in Market

House prices in the United Kingdom increased in February, according to the Royal Institution of Chartered Surveyors. The RICS House Price Balance index rose to a seasonally adjusted reading of minus-13 in February from minus-16 in January, the organization said Tuesday. Read more

Uk House Prices Decline at Their Slowest Pace Since July 2010 in Feb – Rics

Mar 13 2012 00:31:08 Forexbrokerz.com in Market

News UK RICS house price index eased to -13 from -16 in the previous month and slightly better than consensus for -15 The decline in house prices eased to their slowest pace since July 2010 last month, adding to some tentative signs that the economy is starting to pick up Analysts expect pric... Read more

Uk Banks in Denial Over Failure to Deal With Crisis - Boe's King

Mar 12 2012 02:31:11 Forexbrokerz.com in Market

News BoE Gov Mervyn King said in a newspaper interview on Monday that UK banks are in denial over their failure to deal with the financial crisis and the need to restructure their existing banking model He said that banks blamed him for not offering more support during the crisis King criticiz... Read more

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