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Posted

Although UK are in eurozone area but they does not use EURO as their currency. UK also known because of their incridible banking system. News in UK ussually affecting Euro zone too.

 

In this thread lets us learn about UK fundamental analysis.

Posted

The greenback slipped versus the pound on Friday even after the S & P affirmed a stable outlook on the ratings 'AAA' belonging to Britain, which indicates if theagency has been more optimistic about the government's measures to improvefiscal conditions.

 

However, success in maintaining the momentum Sterling will still depend on theassessment of the Bank of England policy makers about the potential damage to the export sector and whether the data in the coming weeks will clarify thesustainability of economic recovery.

  • 3 months later...
  • 9 months later...
Posted

UK: BBA Mortgage Approvals rise by 32.2K in April

 

 

The number of home loans issued by the BBA in April amounted to 32.2K, following 31.4K registered the previous month. Consensus pointed to slightly more increase of 32.7K.

  • 1 year later...

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