United Kingdom 02 (Jan 12 to Oct 17)

[kennynah]

careful as there is a sleuth of econ data coming out at 0930 gmt thurs.. the expectations are all for the better...

***********

09:30
United Kingdom
Industrial Production (MoM) (Dec) 0.2%expected -0.6%prior

09:30
United Kingdom
Industrial Production (YoY) (Dec) -3.0% -3.1%

09:30
United Kingdom
Manufacturing Production (MoM) (Dec) 0.2% -0.2%

09:30
United Kingdom
Manufacturing Production (YoY) (Dec) 0.4% -0.6%

[kennynah]

gbp not much reaction...to this releases

testing a bit..sell... (definitely with a stop order in place, considering BoE rate announcement at 12pm gmt today)

careful as there is a sleuth of econ data coming out at 0930 gmt thurs.. the expectations are all for the better...

***********

09:30
United Kingdom
Industrial Production (MoM) (Dec) 0.5%actual 0.2%expected -0.6%prior

09:30
United Kingdom
Industrial Production (YoY) (Dec) -3.3% -3.0% -3.1%

09:30
United Kingdom
Manufacturing Production (MoM) (Dec) 1% 0.2% -0.2%

09:30
United Kingdom
Manufacturing Production (YoY) (Dec) 0.8% 0.4% -0.6%

[kennynah]

0.5%

no change

[winston]

BoE pumps £50 bln into economy

The Bank of England will inject another £50 billion (60 billion euros, $80 billion) into Britain's ailing economy under quantitative easing and keep interest rates at 0.50 percent, it said on Thursday.

"The Bank of England's Monetary Policy Committee today voted to maintain the official bank rate paid on commercial bank reserves at 0.50 percent," it said. "

The Committee also voted to increase the size of its asset purchase programme, financed by the issuance of central bank reserves, by £50 billion to a total of £325 billion."

Source: AFP European Edition

[winston]

Britain pressed to rethink aid after India snubs by Danny Kemp

British Prime Minister David Cameron is facing growing calls to cut huge aid handouts to India after a series of perceived snubs.

Britain was stunned this month when New Delhi announced a big contract to buy French warplanes instead of the UK-backed Eurofighter Typhoon, despite intense efforts by the British government to boost trade.

Angry lawmakers then stepped up pressure on Cameron to axe the more than £1-billion ($1.6-billion, 1.2-billion euro) aid budget for India after reports that the Indian finance minister described the handouts as "a peanut".

http://www.newsmeat.com/news/meat.php?a ... &buid=3281

[iam802]

U.K. Jobless Claims Rise as Unemployment Holds at Highest Rate in 16 Years

http://www.bloomberg.com/news/2012-02-1 ... years.html

--

Claimant Count Change

6.9K (actual) vs 3.2K (forecast)

[kennynah]

already 6mar and this morning's temperature at 3C....still so cold...sian man...

thot i could start experiencing some warmth when last week, we had 16C... this is gila weather here..

[iam802]

mother nature mood swing.

Just bear with it a bit longer.

[kennynah]

6 british soldiers were killed in a bomb attack in afghanistan... big deal

[kennynah]

nothing out of the expected

12:00
United Kingdom
BoE Interest Rate Decision (Mar 8) 0.5% actual 0.5% 0.5%