Negative Equity Crisis In Store for UK Housing Market
Tue, 31 Aug 10 12:01 pm
The UK housing market is in the headlines, being hailed as the lead indicator of the UK’s flagging economy.
Show Down For UK and US Economies
Fri, 27 Aug 10 10:32 am
Today gives currency investors the chance to directly compare the UK and US economies – UK GDP figures have come in above expectations this morning and US GDP figures are due to be released later.
A Torrential Downpour… of Bad News
Thu, 26 Aug 10 10:47 am
With the UK in a furious debate over the government’s budget cuts, the US in panic mode and Europe still hanging on by a thin thread it’s down to the rest of the world to pull us back to the surface.
A fight to the bottom of the pile
Wed, 25 Aug 10 13:25 pm
It’s been bad news all round for UK, US and European markets. In the UK, a report into the budget has claimed that Britain’s poorest will be a hit much harder than the richest labelling the budget as regressive.
Sterling falters with threat of double dip recession
Tue, 24 Aug 10 10:16 am
An interview in The Times this morning with the newest Bank of England committee member, Dr Martin Weale, has hit the headlines with the ensuing hype influencing currency markets and causing a drop in Sterling.
How long can the Pound stay strong?
Mon, 23 Aug 10 11:06 am
This week is beginning with currency investors on risk-averse mode following the large scale effect of last week’s poor US jobless figures; which saw the Yen being the main beneficiary.
Global Economy in Doubt Boosting Safe Haven Currencies
Fri, 20 Aug 10 12:49 pm
Currency investors are awaiting several large-scale world events likely to affect markets, with safe-haven currencies the Swiss Franc and Japanese Yen as well as gold benefiting from the uncertainty.
Britain goes shopping and pushes the Pound higher
Thu, 19 Aug 10 14:01 pm
Retail sales rose by 1.1 percent in July, much higher than the forecast 0.4 percent and also outweighing June’s growth of 0.7 percent.
Sterling boosted by Bank of England Minutes
Wed, 18 Aug 10 10:57 am
The Pound, which sharply fell yesterday, has received some support from the latest set of Bank of England minutes released this morning.
Bank of England To Defend Why Inflation Keeps Rising
Tue, 17 Aug 10 11:23 am
Mervyn King, Bank of England Governor, will have to write an official letter to the Chancellor of the Exchequer...
Hold Your Houses!
Mon, 16 Aug 10 10:48 am
With UK house prices already suffering the brunt of a weak economy, further data suggests they have fallen further.
Germany Hits Record Highs
Fri, 13 Aug 10 11:40 am
The Euro came out of a four day decline against the Dollar as the German economy grew at the fastest pace in two years
UK unemployment falls as mortgage lending increases
Thu, 12 Aug 10 09:39 am
UK unemployment falls to 2.46 million.
Sterling drops as Bank of England report talks down UK recovery
Wed, 11 Aug 10 10:17 am
Sterling has begun an instant drop this morning as The Bank of England quarterly inflation report comments.
Sterling drops as house prices fall
Tue, 10 Aug 10 10:23 am
Sterling has dropped against all but two if its sixteen major counterparts following the latest survey by the Royal Institute of Chartered Surveyors
Time for the US to take action?
Mon, 09 Aug 10 10:21 am
Friday’s jobless figures came in as the most recent piece of disappointing data on the US economy pulling down the currency yet further.
Week ends with UK banking profits in the spotlight
Fri, 06 Aug 10 12:56 pm
RBS are the latest bank to announce profits above forecast highlighting the up turn in the UK economy in the second quarter of this year.
Investment Banking Keeping UK Banks Buoyant
Thu, 05 Aug 10 13:12 pm
Barclays announce pre-tax profits of £3.95bn for first half of 2010 – up 44% on same period last year.
Can The Pound Withstand Another Negative Data Release?
Wed, 04 Aug 10 11:00 am
This morning has bared an uncanny resemblance to yesterday after the strengthening Pound was abruptly...
Sudden drop in Sterling
Tue, 03 Aug 10 10:32 am
Sterling’s ongoing surge against the US Dollar and other major currencies has suddenly stalled this morning...
US Dollar weakens with threat of double dip
Mon, 02 Aug 10 10:13 am
Former chairman of the Federal Reserve, Alan Greenspan, warned that the US could be heading towards a double-dip recession.
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