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Tag: UK

Uk Gfk Consumer Confidence up at -29 from -33

Jan 31 2012 01:31:08 in Market

News UK's consumer confidence was up at -29 from -33 in December as holiday season cheered consumer with lower prices for energy and good discounts by retailers The reading is highest in last half an year or so and may be reflecting sharp drop in UK inflation However high unemploy... Read more

UK Consumer Confidence Improves In January - GfK

Jan 31 2012 00:31:08 in Market

Consumer confidence in the United Kingdom improved in January, according to an index published Tuesday by survey company GfK NOP. The group's index rose to minus-29 in January from the December reading of minus-33. The January reading was the highest since June 2011. Read more

Uk and Czech to Stay Outside Eu Fiscal Pact

Jan 30 2012 22:31:03 in Market

News Except UK and Czech Republic , 25 countries in the region have agreed and signed up the new tighter fiscal pact - EU officials European Council President , Herman Rompuy, said on Twitter 25 out of 27 countries have signed the pact, which calls to introduce balanced budget rule into their n... Read more

UK House Prices Remain Unchanged In January: Hometrack

Jan 30 2012 04:01:03 in Market

House prices in the UK remained flat in January, the latest survey by property analyst Hometrack revealed Monday. Prices have failed to show any increase since June 2010, it said. Property prices saw no change this month after a 0.2 percent decline in December. Read more

Research: Recent Quarters have Shown a Weakening Trend in Exports of Switzerland and Uk

Jan 26 2012 12:31:04 in Market

Quotes from Societe Generale Cross Asset Research: -For both Switzerland and the UK, recent quarters have shown a weakening trend in exports. Read more

Uk Jan Retail Sales Plunge to -22, Suffer Biggest Drop in Nearly 3 Yrs - Cbi

Jan 26 2012 12:31:04 in Market

News UK retailsales volumes plunged to -22 in Jan from +9in Dec, its lowest level since March 2009 Retail sales fell more than the expectations, as shoppers reined in spending after picking up pre-Christmas bargains CBI said retail sales grew well in three months to Dec, but January 2012 perfo... Read more

Research: Downturn in Euroarea and subdued Growth in US Present Risks for Uk Economy

Jan 26 2012 10:31:04 in Market

Quotes from Standard Chartered: -In addition to uncertainty over how far and how fast inflation in UK will fall after Q1-2012, the MPC sees other key risks to the outlook from global uncertainties  - although there have recently been some positive developments in the euro area and t... Read more

Research: Uk Cpi Inflation Likely to fall Sharply in January

Jan 26 2012 10:31:04 in Market

Quotes from Standard Chartered: -The weak economic environment and the phasing-out of temporary factors supporting inflation should allow UK CPI inflation to fall sharply in January and then decline steadily to below the 2% target by Q4-2012. Read more

Research: Uk Economy Likely to See Further Contraction in Q1-2012

Jan 26 2012 10:31:04 in Market

Quotes from Standard Chartered: -We remain downbeat on the outlook for UK economy, and expect a further contraction in Q1-2012 (as opposed to the Bank of England, which expects broadly flat output in Q1). Read more

Research: Uk Economy Marking the Start of a Double-Dip Recession

Jan 26 2012 10:31:04 in Market

Quotes from Standard Chartered: -The UK economy shrank by 0.2% q/q in Q4-2011, its weakest performance since Q4-2010, in our view marking the start of a double-dip recession. The main drag on Q4 GDP was production, which fell 1.2% q/q. Read more

Research: Uk Gdp Growth Will Struggle to Generate a Positive Number in Q1

Jan 25 2012 12:31:04 in Market

Quotes from Societe Generale Cross Asset Research: -The first (output) estimate of UK Q4 11 GDP showed a fall of 0.2% qoq, close to the market (and SG) expectation of a 0.1% fall. Read more

Uk Gdp fall 0.2 Pct in Q4 V/s Forecasts for a 0.1 Pct Contraction.

Jan 25 2012 10:31:13 in Market

News UK GDP declined 0.2 pct in the Q4 after growing by 0.6 pct in the Q3 of 2011 worse than forecasts for a 0.1 pct contraction The Q4 output was 0. Read more

Boe Closer to Qe As Uk Slows down Amid Global Recession Fear

Jan 25 2012 10:31:12 in Market

News BoE's Minuets from Jan 11-12 meeting revealed that C bank probably is more closer to start the printing presses to pump money into the fragile economy The view among MPC members that Inflation is headed for sharp decline despite some hiccups on energy price front and sho... Read more

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