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Tag: UK

Pound Rallies Ahead Of UK Manufacturing PMI Report

Jan 03 2012 09:31:03 Forexbrokerz.com in Market

U.K.'s manufacturing PMI is due at 4.30 am ET. The indicator is forecast to fall to 47.3 in December from 47.6 a month ago. The pound edged higher against its major rivals ahead of the data. The sterling is presently quoted at 1.5580 against the dollar, 119.70 versus the yen, 0. Read more

UK Business Confidence Hits 3-Year Low

Jan 03 2012 08:01:12 Forexbrokerz.com in Market

Businesses in the U.K. turned more pessimistic at the end of 2011 regarding the prospects of the economy and predict a 3-in-4 probability of a recession, a survey on behalf of a unit of Lloyds Banking Group PLC showed Tuesday. Read more

British Corporates Fear Euro Break-Up, UK Recession: Survey

Jan 03 2012 04:01:04 Forexbrokerz.com in Market

Finance chiefs at the U.K's major companies are worried over the risk of a break up of the euro area as well as a looming recession at home, a quarterly survey of chief financial officers revealed Tuesday. Read more

Uk 10-Year Gilt Yields Hits Fresh Record Lows in Thin Trading

Dec 30 2011 11:31:03 Forexbrokerz.com in Market

News: Yields on 10-year giltscontinue slide to hit fresh record low in thin trading The prospect of further BOE asset purchases and continued euro zone woes supported British Govt bond Yields on the 10-year benchmark gilt dipped to around 1. Read more

UK Should Rebalance Economy Away From Debt-Driven Domestic Demand: CBI

Dec 30 2011 08:31:05 Forexbrokerz.com in Market

The U.K. urgently needs to rebalance its economy and make it less reliant on debt-fuelled consumer and government spending, reports said Friday citing a statement by the Confederation of British Industry (CBI). Read more

Uk Gilts Futures rise on Jitters ahead of Italian Bond Sale

Dec 29 2011 10:31:09 Forexbrokerz.com in Market

News: March gilt future was 12 ticks upat 116.63, outperforming the equivalent Bund by about 10 ticks at 0844 GMT, In the money market, the yield on 10-year giltswas broadly steady at 2.01 pct. The broader outlook for gilts remains bullish, analystssaid. Read more

Uk Gilt Futures Remain Broadly steady in Thin Early Trade

Dec 28 2011 10:31:16 Forexbrokerz.com in Market

News: British gilt futures werebroadly steady in early trade as investors reallocated some money ahead of Italy short-term debt auctions The March gilt future was 5 ticks up at116.41,16 ticks ahead of the equivalent Bund The yield on 10-year gilts was 3 bps down at 2. Read more

UK House Prices Decline In December: Hometrack

Dec 26 2011 05:01:01 Forexbrokerz.com in Market

House prices in the U.K. fell in December, the latest survey results from Hometrack showed Monday. Meanwhile, the property researcher expects the pace of decline to accelerate in 2012. Prices fell 0. Read more

UK Mortgage Approvals Fall In November, BBA Says

Dec 23 2011 11:01:17 Forexbrokerz.com in Market

The number of mortgage approvals for house purchases in the United Kingdom declined in November, with households and businesses seeking less credit due to weak economic prospects. Read more

Uk Services Output Declines in Oct, Highlights Danger of Recession

Dec 23 2011 10:31:25 Forexbrokerz.com in Market

News The S/ Adj index of services dropped by 0.7 pct in Oct compared to the previous month, taking the three-monthly rate of growth down to 0.2 pct -National Statistics.  The services sector was the main driver of growth in the Q3 when the economy expanded by 0.6 pct on the quarter. Read more

UK BBA Mortgage Approvals Fall Unexpectedly

Dec 23 2011 10:01:15 Forexbrokerz.com in Market

The number of mortgage approvals for house purchase in the U.K. declined unexpectedly in November, data released by the British Bankers' Association revealed Friday. Mortgage approvals totaled 34,738 in November, less than 35,196 in October. Economists expected approvals to rise to 35,400. Read more

Research: Uk Yields Likely to Remain supported in the Early Part of 2012

Dec 22 2011 15:31:04 Forexbrokerz.com in Market

Quotes from Barclays Capital: -2012 looks set to be another year characterised by low growth, heavy issuance and ongoing monetary accommodation from the Bank of England. Read more

Uk Economy Unexpectedly Grows Faster Than assumed in Q3 - National Statistics

Dec 22 2011 10:31:24 Forexbrokerz.com in Market

News Britain witnessed a faster than anticipated growth between July and Sept on stronger services and construction output.  Britain'srevised GDP growth for Q3 was up 0.6 pct in Q3 from earlier reported 0.5 pct, year over year rate of growth was unrevised at 0. Read more

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