Sterling Implied Volatility Could Rise After Brief Retracement -- Market Talk
Grocery Price Inflation Holds Steady Amid Warnings of Rises Later in Year
Food Prices Rise at Third Fastest Monthly Rate in a Year
Bank of England Interest Rate Cut Spurs Mortgages Take up
In February, the manufacturing PMI in the United Kingdom fell to a 14-month low, but business optimism is rising.
The survey shows that the speed of layoffs in United Kingdom factories last month was the fastest in nearly five years, as the government increased payroll taxes, raising corporate costs, along with weak domestic and foreign demand.
ING Comments on Euro, Sterling