U.K. bonds fall amid U.K. growth optimism ahead of U.S. payrolls data

Source: Bloomberg
© Scanpix\Reuters
U.K. government gilts jumped, sending 10-year note yields to the highest level in three weeks, on signals that U.K. economy is improving, damping demand for safer bonds. The U.K. 10-year note yield increased seven basis points to 2.47% and the price of the 1.75% security maturing in September 2022 declined 0.565 to 94.14.
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Fri, 02 Aug 2013 10:34:06 GMT

U.K. construction industry growth rises

Growth in U.K. construction industry accelerated in July and was the fastest in 3 years. A gauge of activity in the sector rose from 51 in June to 57 in July, while experts predicted a rise to 51.5. Residential construction activity increased most since June 2010, while commercial construction activity rose the fastest since May 2012. The Pound rose 0.2%

Fri, 02 Aug 2013 10:12:04 GMT

Sterling climbs following positive construction report

The Pound inched up versus the U.S. Dollar as Britain's construction report was released, indicating the strongest construction production improvement since June 2010. The Sterling advanced 0.31% to $1.5165 versus the greenback and rose 0.213 to £0.8717 versus the common currency, and added 0.45% to 151.148 versus the Yen. 

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