UK Money News

European govt bonds higher on safe haven flows, hopes ECB rate rise was one-off

LONDON (Thomson Financial) - European government bonds pushed higher in quiet trade supported by safe haven flows and hopes that the European Central Bank's quarter point interest rate rise on Thursday was a one-off.
[Fri 16:52]

European govt bonds modestly higher in quiet trade

LONDON (Thomson Financial) - European government bonds were modestly higher, adding to their gains from yesterday after European Central Bank president Jean-Claude Trichet signalled that the bank is unlikely to embark on a series of rate hikes.
[Fri 11:52]

European govt bonds jump after ECB signals rate hike is a one-off

LONDON (Thomson Financial) - European government bonds surged across the board after the European Central Bank President Jean-Claude Trichet signalled that the rate hike on Thursday likely would not be the beginning of a cycle of increases.
[Thu 16:11]

DATAWATCH UK economy may contract in Q3

LONDON (Thomson Financial) - Further grim news on Thursday means the UK economy may contract in the third quarter of the year for the first time since the early 1990s.
[Thu 11:35]

European govt bonds lower ahead of expected ECB rate hike

LONDON (Thomson Financial) - European government bonds were lower ahead of a widely-expected rate increase by the European Central Bank and the subsequent press conference, where investors will be looking for indications as to whether rates may rise in coming months.
[Thu 11:32]

UK CIPS June services PMI 47.1, lowest since Oct 2001

LONDON (Thomson Financial) - The UK's services sector, which accounts for around two thirds of the entire economy, saw activity levels decline at their fastest rate in nearly seven years during June, a closely-watched survey found today.
[Thu 10:04]

UK credit conditions tightened in Q2, to deteriorate further in Q3 - BoE survey

LONDON (Thomson Financial) - Lending conditions in the UK worsened on all fronts during the three months to June, driven by fears of house price falls and bad corporate loans, and are expected to continue to deteriorate over the next three months, a Bank of England survey revealed today.
[Thu 09:54]