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Tag: UK

UK House Prices Fall Again In January: RICS

Feb 14 2012 04:31:04 in Market

House prices in the UK declined again in January, but sales activity improved as home-buyers rushed to take advantage of the stamp duty exemption, which is set to expire in March. Read more

Moody's Downgrades Six Eurozone Sovereigns; Cuts France, UK Outlook

Feb 14 2012 03:31:04 in Market

Moody's Investors Service downgraded the ratings on six Eurozone countries, mainly citing the uncertainty over the euro area's prospects for institutional reform of its fiscal and economic framework. Read more

Uk House Prices Continue to Fall, But Outlook Improves – Rics

Feb 14 2012 01:31:18 in Market

News UK RICS seasonally adjusted house price balance stood at -16 last month, unchanged from Dec, slightly better than forecasts for a reading of -17 The balance for house price expectations over the next three months jumped to -15, the highest since July 2011, from -23 in Dec Expectations for pr... Read more

UK January House Price Balance Unchanged From December - RICS

Feb 14 2012 00:31:08 in Market

A January decline in house prices in the United Kingdom was coupled with increased sales activity. Combined, the factors led to an unchanged reading in the January house price balance index reported Tuesday by the Royal Institution of Chartered Surveyors (RICS). Read more

Research: Long-Term Outlook for Gbp Will Depend on How Quickly the Uk Economy Rebalances

Feb 13 2012 15:31:04 in Market

Quotes from RBS: -We believe that the long-term outlook for GBP will depend on how quickly the economy rebalances. Rebalancing covers deleveraging (consumers/public/banking) and international trade. Read more

Research: This Week's Uk Data Releases Seem Unlikely to Support Gbp

Feb 13 2012 15:31:04 in Market

Quotes from RBS: -This week's UK data releases (retail sales, CPI and labour market) seem unlikely to support GBP as they appear likely to highlight just why the BoE announced a further set of asset purchases last week, and why they'll probably announce another £50bn in August... Read more

CBI Dispels UK Recession Fears, Sees Recovery Picking Up In Second Half

Feb 13 2012 04:01:03 in Market

The Confederation of British Industry (CBI) said the UK economy will avoid a technical recession and growth will gain momentum in the second half of 2012. It its latest economic forecasts released Monday, the industry group lowered the growth outlook for the UK economy to 0. Read more

CBI Cuts UK Growth Forecast; Rules Out Recession

Feb 13 2012 03:31:02 in Market

The Confederation of British Industry (CBI) lowered the growth outlook for the UK economy on Monday , but said that the country may avoid a technical recession. The industry group cut the growth forecast for 2012 to 0.9 percent from 1.2 percent projected in November. Read more

Cbi Expects Uk Economy to Recover in H2, No more Stimulus from Boe

Feb 13 2012 01:31:10 in Market

News Confederation of British Industry lowered its forecast for UK growth in 2012 to 0.9 pct from the 1.2 pct it predicted in Nov CBI estimated that q/q GDP growth will accelerate from 0.2 pct in the first two quarters of this year to 0.6 pct and 0. Read more

Research: Uk Market Seeing Cds Levels Creep up Higher Again

Feb 10 2012 12:31:08 in Market

Quotes from HSBC Global Research: -The UK market is seeing CDS levels creep up higher again. Some might argue that this sufficiently reflects growing nervousness about UK fiscal strength. Read more

Research: Uk Gdp Growth Will Outpace the Eurozone's by more Than 1 Percentage Point in 2012 and 2013

Feb 10 2012 12:31:08 in Market

Quotes from HSBC Global Research: -HSBC's forecasts for the gap between eurozone and UK growth for 2012 and 2013 are larger than we have seen over the past three years, and suggest the UK GDP growth will outpace the eurozone's by more than 1 percentage point in both years. Read more

Pound Jumps As UK Factory Output Prices Rise Above Forecast

Feb 10 2012 11:01:08 in Market

The pound edged higher against its major rivals in early European trading on Friday after a report showed that the U.K. output price inflation rose more than expected in both monthly and yearly basis. Read more

Uk Producer Price Inflation Drops to Its Lowest Level Since Nov 2010

Feb 10 2012 10:31:16 in Market

News UK output price inflation fell to 4.1 pct from 4.8 pct in Dec, the drop was smaller than forecast fall of 4.8 pct Producer output prices ticked up 0.5 pct m/m in Jan compared to Dec 0.1 pct, v/s the forecast fall of 0.2 pct as prices of alcohol, fuel and clothes rose. Read more

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