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Strength in Sterling a negative for UK Equities

August 14, 2013 11:38 am GMT+0  in UK

Sterling has been remarkably strong in recent weeks rising from 1.48 USD to the current level of 1.55 USD. Economic data has been better than expected with PMI (Purchasing Manager’s index) figures the best for 6 years, GDP second quarter figures double the 0.3% expected growth surprising the market with 0.6% and subsequently increased growthRead the Rest…

Is the FTSE 100 running a little ahead of itself above 6600?

July 26, 2013 10:50 am GMT+0  in UK

  Equity prices are beginning to look toppy again, the FTSE 100 has been struggling to make much headway above 6600 this week. Results in the UK have been generally good but a lot of this has been factored into prices– this week ARM holdings had results which the market initially liked but with theRead the Rest…

The Latest Employment Data from the U.K.

December 13, 2012 6:44 am GMT+0  in UK

Between May to July 2012 and August to October 2012: the number of people in full-time employment increased by 44,000, the number of people in part-time employment fell by 4,000, and the number of unemployed people fell by 82,000. Between August to October 2007 and August to October 2012: the number of people in full-timeRead the Rest…