UK manufacturing activity »

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  Forex » GBP/USD: Cable rebounds as manufacturing PMI hits 4-month high

  H.S. Borji - December 1, 2014, 18:03 GMT

  The British pound rebounded sharply against its US counterpart Monday, as UK manufacturing activity rose to its highest level in four months in the latest sign the UK economy was outperforming its European peers. The GBPUSD rebounded from its lowest level in more than a year, reaching an intraday high of 1.5764. The pair would

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  Business » UK economy said to have expanded 0.7% between August and October: NIESR

  H.S. Borji - November 6, 2014, 15:36 GMT

  UK gross domestic product grew at a steady rate in three months through October, as the economy continued to strengthen after regaining its pre-recession levels in the first half of the year. The UK economy accelerated 0.7 percent in the three months through October, following an identical increase in the July to September period, the

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  Forex » US Dollar Faces Setback as Job Growth Cools, Unemployment Rises

  H.S. Borji - August 1, 2014, 15:57 GMT

  The US dollar declined against a basket of currencies Friday, as mixed employment data pointed to persistent slack in the labour market that could give the Federal Reserve the impetus to keep interest rates near zero for a longer period. The US dollar index, a weighted average of the dollar’s performance against six commonly traded

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  Business » UK manufacturing activity advances for sixth consecutive month: Markit

  October 2, 2013, 06:39 GMT

  Production in the UK manufacturing sector advanced for a sixth consecutive month, according to a monthly release from Markit Group. The September PMI reading of 56.7 was below the median estimate, but remained in expansion mode and close to the two-and-a-half year peak of 57.1 in August. The UK manufacturing sector rounded off its best

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