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Tag: UK

Research: Case for Ultra-Low Bond Yields in Uk Should Remain Valid for Some Time to Come

Jan 09 2012 12:31:14 in Market

Quotes from Societe Generale Cross Asset Research: -It being too early for the BoE to step up asset purchases, we will not dwell on what part of the gilt curve it may single out. Read more

Research: Geographical Breakdown of Uk Trade Statistics Could Matter for Gbp

Jan 09 2012 11:31:44 in Market

Quotes from Barclays Capital: -In terms of the UK calendar, the industrial and manufacturing production, as well as the trade statistics, are likely to be the most important. However, as our economists are broadly in line with the consensus, a surprise will be needed for GBP to be affected. Read more

Uk Inflation Rate Likely to Decline in 2012 Hopes Pm David Cameron

Jan 06 2012 09:31:04 in Market

News UK's Cameronsaid that itsinflationwould fall in 2012 but rebalancing of the country's economy had not gone as fast as he would have liked. Read more

UK 2011 New Car Sales Drop 4.4%; Still Exceeds Forecast

Jan 06 2012 09:31:03 in Market

New car registrations in the U.K. declined 4.4 percent in 2011 from the previous year, the Society of Motor Manufacturers and Traders (SMMT) said Friday. The number of units sold last year totaled 1.94 million, higher than 1.92 million forecast by the industry group. Read more

Pound Mixed Against Majors; UK Services PMI Hits 5-month High

Jan 05 2012 13:31:46 in Market

The pound showed mixed performance in early trading on Thursday. Read more

Higher Funding Costs due to Euro Crisis may Hit Uk Bank Lending in Q1 of 2012 – Boe

Jan 05 2012 10:32:04 in Market

News: Bank of England survey showed on Thursday that higher funding costs due to the euro zone crisis may hit lending of UK banks in the first three months of 2012 The c. Read more

Uk Dep Pm Warns Against Hefty Bank Bonuses

Jan 05 2012 09:31:04 in Market

News: UK Deputy PM Nick Cleggin a warning ahead of the annual round of payments said that the govt plans tough action against excessive bank bonuses Quotes: "It's the Liberal Democrats who have led the debate on clamping down on bankers' bonuses and we must be just as tough this year in the bonu... Read more

Uk Mortgage Approvals Hits Highest Level in 2 Years in Nov, Shows Weak Net Lending - Boe

Jan 04 2012 10:31:03 in Market

News UK's mortgage approvals numbered 52,854 in Nov; up from 52,786 in Oct. slightly above the analyst forecast reading of 52,300 -BoE Net mortgage lending halved in Nov to 0.6 bln pounds, below economist's forecasts of 0. Read more

Uk Construction Activity Unexpectedly Gains Pace in Dec-Markit/cips

Jan 04 2012 10:31:03 in Market

News: UK Markit/CIPS construction PMI rose to 53.2 from 52.3 in the previous month, beating expectations for a fall to 51. Read more

Pound Little Changed Amid UK Construction PMI, Mortgage Approvals Figures

Jan 04 2012 10:01:03 in Market

Following the release of the U.K. Mortgage approvals and the construction PMI reports at 4:30 am ET, the pound was little changed against its major counterparts. The British unit is presently trading at 1.5632 against the US dollar, 0.8347 against the euro, 119.80 against the yen and 1. Read more

Pound Halts Uptrend Ahead Of UK Construction PMI, Mortgage Approvals Figures

Jan 04 2012 09:31:04 in Market

Mortgage approvals and the construction PMI reports from the U.K. are due out at 4:30 am ET. The number of mortgage approvals is seen at 52,500 in November, compared to 52,700 in October. The construction PMI is forecast to fall to 51.8 in December from 52.3 last month. Read more

Pound Mixed After UK Manufacturing PMI Report

Jan 03 2012 13:01:03 in Market

The British sterling showed mixed performance on Tuesday, holding steady versus the euro and the Swiss franc while edging higher against the dollar and the yen after a report showed that the U.K. manufacturing sector indicated signs of stabilization at the end of 2011. Read more

Pound Ticks Down Amid UK Manufacturing PMI Report

Jan 03 2012 10:01:04 in Market

Following the release of U.K.'s manufacturing PMI data for December at 4.30 am ET, the pound edged slightly lower against its major opponents. The sterling is presently quoted at 1.5577 against the dollar, 119.68 versus the yen, 0.8344 against the euro and 1.4598 against the Swiss franc. Read more

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