British Inflation in Decline?
September 9, 2011 2:48 pm by Greg HoldenThe producer price index (PPI) input and output data was released by the UK’s Office of National Statistics this morning and revealed a potential decline in the inflationary growth of raw materials. The price paid by manufacturers for the purchase ...
News-Flow Begins to Lift Market Sentiment
September 8, 2011 1:21 pm by Russell GlaserEuropean equities are up for the second day in a row as the market tone appears to be shifting. The policy responses needed to support the financial markets are slowly coming in and have helped to stabilize the markets. ...
British Realized Sales in Decline
August 25, 2011 1:49 pm by Greg HoldenThis morning’s release of the Realized Sales report from the Confederation of British Industry (CBI) revealed an economy a little worse for wear. Although housing remains an increasingly stable sector of Britain’s economy, unemployment and consumer spending are lagging well ...
British Government Spending Less
August 19, 2011 3:13 pm by Greg HoldenIn a not-so-surprising turn of events, the morning’s release of public sector net borrowing out of Great Britain revealed a slow down in the level of spending at the governmental level. Publically owned corporations and national, as well as local, ...
British Retail Sales Turn Sluggish
August 18, 2011 2:22 pm by Greg HoldenA report released Thursday morning by the UK Office of National Statistics revealed a sluggish month for retail sales in the island economy. The impact so far has been to drag on the already-downtrodden British pound (GBP).
British MPC Unanimous in Holding Rates Steady
August 17, 2011 2:26 pm by Greg HoldenAn interesting twist in an unfolding story apparently took place today after the release of the Bank of England’s (BOE) Monetary Policy Committee (MPC) minutes. Over the last year-and-a-half, the MPC has gradually seen a few votes shift in favor ...
British Inflation Sign of Progress
August 16, 2011 2:12 pm by Greg HoldenThis morning’s publication of British inflationary data has helped generate minor elements of market optimism towards the island nation’s economy. Though the growth figures were only modestly above targets, the accelerating growth is a sign of future hikes in demand ...
British Manufacturing in Poor State
August 10, 2011 8:23 am by Greg HoldenReports released by the British Office of National Statistics this morning revealed a much-feared decline in manufacturing and industrial output by the island powerhouse. The highly impactful Manufacturing Production indicator showed a dismal 0.4% decline, month-on-month, in July.
British and Canadian Housing Still Rising
August 8, 2011 7:50 am by Greg HoldenData on the housing markets in Great Britain and Canada today continued to provide ample evidence of a rebound in the fragile global housing market. The Halifax Bank of Scotland published its house price index (HPI) this morning, revealing a ...
Debt Ceiling Compromise Provides Only Short Term Dollar Relief
August 1, 2011 1:01 pm by Russell GlaserThe relief rally the US dollar received was short lived following the compromise between Democrats and Republicans to increase the US debt ceiling. All of the majors are higher versus the USD with equity markets also posting solid gains. Given ...
