Posts Tagged ‘uk’

  • UK Double Dip Recession

    UK Does Double Dipping

    Apr 25, 12 • 2955 Views • Market Commentaries Comments Off on UK Does Double Dipping

    The UK economy is back in recession, its first double-dip recession since the 1970s, following a surprise 0.2% drop in GDP in the first quarter of 2012. Analysts had anticipated modest growth of 0.1-0.2%. The pound dropped following the news as markets expect...

  • Economic Data For The Upcoming Week

    Economic Data For the Upcoming Week

    Apr 16, 12 • 766 Views • Market Commentaries 2 Comments

    This is a mid month week usually a quiet time for economic data. After last week’s Chinese and US data, the markets are looking for directions, but this week, will probably be all about Spain and Italy. News will take the center stage. Below is a quick...

  • OECD Says UK Back In Recession

    OECD Says Britain Back In Recession

    Apr 5, 12 • 2652 Views • Market Commentaries Comments Off on OECD Says Britain Back In Recession

    The Bank of England today voted to keep its key interest rate at a 0.50% and to maintain its economic stimulus program amid mixed signals for the British economy. Lately economic data from the UK has been hit or miss and very hard to interpret, making no...

  • Forex Market Commentaries - EU And US Markets Down

    US And EU Markets End The Day Down

    Mar 28, 12 • 4604 Views • Market Commentaries Comments Off on US And EU Markets End The Day Down

    European share markets have closed lower, with investors hesitant after recent gains on concerns over China and the eurozone and data showed the British economy in worse shape than first thought. The British economy contracted 0.3% in the final three months...

  • Forex Market Commentaries - 100 Year Bonds For UK

    Printing Money And Lending It To The Government

    Mar 15, 12 • 2676 Views • Market Commentaries Comments Off on Printing Money And Lending It To The Government

    The week after next the UK’s Finance Minister George Osborne reveals plans for bonds of no less than a hundred years, as the administration looks to take advantage of historically-low rates. Osborne will use his yearly budget address to launch a...

  • Forex Market Commentaries - UK Is Flirting With A Double Dip Recession

    The UK Is Flirting With A Double Dip Recession

    Feb 24, 12 • 3085 Views • Market Commentaries 1 Comment

    Official figures have confirmed that the UK economy slipped by 0.2% for the fourth quarter of 2011. Household spending was up 0.5% quarter on quarter, the highest since the second quarter of 2010. Government spending, meanwhile, was ahead by 1% over the...

  • Forex Market Commentaries - Oil Hits New Sterling Record

    Oil Hits A New Sterling Record On Iran Fears

    Feb 23, 12 • 2721 Views • Market Commentaries Comments Off on Oil Hits A New Sterling Record On Iran Fears

    Oil Hits A New Sterling Record On Iran Fears..But sshhh..Don’t Tell UK Motorists Feb 20, 2008 at 04:01pm New York: “The price of crude oil has scraped above the $100-a-barrel mark in recent months, but for the first time it actually closed above...

  • Forex Market Commentaries - Gas Prices In The USA

    Americans Are Driving Less And Flying Less, Are They Finally On The Road To Nowhere?

    Feb 21, 12 • 2956 Views • Market Commentaries Comments Off on Americans Are Driving Less And Flying Less, Are They Finally On The Road To Nowhere?

    “So was the book better than the film?” is the often repeated question when a best selling novel is translated to the big screen. Were The Road is concerned the film is arguably not as good as the book, however, the film really is very good....

  • Daily Forex News - UK On Moody's Negative Watch

    The UK Finally Placed On Negative Watch By Moody's And Not Before Time

    Feb 14, 12 • 3418 Views • Between the lines Comments Off on The UK Finally Placed On Negative Watch By Moody's And Not Before Time

    With the exception of France no other country’s top politicians have attempted to jealousy guard and protect their highest credit rating more than the United Kingdom. However, despite the UK chancellor’s best efforts to displace attention away...

  • Forex Market Commentaries - UK Stuck Between A Rock And A Hard Place

    The UK Is A Rock In A Hard Place

    Feb 3, 12 • 5594 Views • Market Commentaries 1 Comment

    Pandora’s box is an artefact in Greek mythology, taken from the myth of Pandora’s creation in Hesiod’s Works and Days. The “box” was actually a large jar given to Pandora which contained all the evils of the world. When Pandora...

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