FXstreet.com (Barcelona) – UK Trade deficit narrowed to ?7.111 billion in December from ?8.644… For more information, read our latest forex news. Read More UK Trade deficit narrows to ?7111B in December
Posted in FX News | Tagged deficit, narrows, to, trade, uk
Retailer price wars helped to drive the cost of clothing, furniture and electrical goods lower in January compared with a year earlier, providing some good news for the squeezed British consumer. Read More UK shop price inflation slowed in January
Posted in FX News | Tagged in, inflation, january, price, shop, slowed, uk
Britain faces further decline compared with its international peers if the Government does not act to set out its priorities for industry, leaders from the sector have warned. Read More Industry chiefs demand vision for UK economy in 2030
Posted in FX News | Tagged 2030, chiefs, demand, economy, for, in, industry, uk, vision
UK pound is gaining against a weaker euro today, heading higher as worries about Greek debt resume. Greek talks have been suspended for a short time, even though Greek PM Lucas Papademos said that some progress had been made recently. The pound, though, is down against the US dollar as risk aversion sets in. (…)Read the rest of UK Pound Gains against [...]
Posted in FX News | Tagged a, against, euro, gains, pound, uk, weakened
The UK’s recovery hopes were boosted on Friday after optimism among services firms showed a record leap in January and job creation hit a four year high. Read More Surprise UK services growth eases recession fears
Posted in FX News | Tagged eases, fears, growth, recession, services, surprise, uk
While manufacturing for the Eurozone as a whole is still contracting, we have mainly seen better than expected PMIs for January from various European countries today. Eurozone PMI Manufacturing only climbed to 48.8 from 46.9, but all of Norway, Sweden, Germany and the U.K. saw huge jumps in their respective PMIs Read More German, Sweden, [...]
Posted in FX News | Tagged contracting, eurozone, german, in, jumps, overall, pmi, see, sweden, uk
The UK manufacturing PMI posted a reading of 52.1 in January, much better than the forecast of an increase to 50.2 from 49.6 in December. From Markit: “Manufacturing production expanded for the second successive month in January, supported by growth of new orders and the clearance of backlogs of work. Companies Read More GBP USD [...]
Posted in FX News | Tagged 10week, gbpusd, high, manufacturing, on, positive, pushes, surprise, to, uk
As the UK struggles with reduced growth, the Bank of England is now going as far as to say that further quantitative easing measures are “likely.” Read More UK GDP Drops more than Expected BoE Members Say Further QE danquotLikelydanquot
Posted in FX News | Tagged boe, drops, expected, further, gdp, members, more, qe, quotlikelyquot, say, than, uk
Public sector net debt at the end of December came in at GBP 1003.9 billion, which was equivalent to 64.2 percent of GDP. This compares to GBP 883.0 billion debt at the end of December 2010. Including interventions, public sector net borrowing was GBP … 39 Vote(s) Read More UK Dec Public Sector Net Borrowing [...]
Posted in FX News | Tagged borrowing, dec, declines, net, public, sector, uk
The UK risks falling back into recession as the global jobs crisis continues “unabated”, according to a pessimistic report on the worldwide labour market. Read More UK risks new recession on weak jobs market, says ILO
Posted in FX News | Tagged ilo, jobs, market, new, on, recession, risks, says, uk, weak
