UK Data Response Halifax House Price Index (Dec) The latest rise in house prices has not changed our view that a second leg in the house price correction still lies ahead. Admittedly, the timing of any renewed fall in prices is uncertain. But given... 7th January 2010 · 1 min read
UK Data Response UK CIPS/Markit Report on Services (Dec.) December’s CIPS/Markit report on services provided further evidence that the economy moved decisively out of recession in the fourth quarter. However, the recovery is likely to struggle to maintain... 6th January 2010 · 1 min read
UK Data Response CIPS/Markit Report on Manufacturing (Dec.) December’s data on industry and the housing market suggest that the UK economy ended last year with reasonable momentum. Nonetheless, 2010 is likely to be a year of gradual recovery, rather than... 4th January 2010 · 1 min read