House prices in the U.K. gained at slower pace in September

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Source: RTTNews
The Office for National Statistics reported on Tuesday that prices of residential property in the U.K. were growing in September, however, at a slower rate. Year over year, the house price index advanced by 1.7%, which was less than a revised up 1.9% gain in the preceding month. Economists, however, expected a 2% growth in September.
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Tue, 13 Nov 2012 10:17:55 GMT

British inflation accelerated on tuition fees last month

The Office for National Statistics reported on Tuesday that annual inflation in the United Kingdom gained more than expected in October. The British inflation reached a level of 2.7% compared to a reading of 2.2% in the preceding month. Economists, however, expected a 2.4% increases last month. The bureau commented that tuition fees were the most significant contributor to the

Tue, 13 Nov 2012 14:11:36 GMT

U.S. 10-year bond rates slip toward a 2-month low

U.S. 10-year bond yield edged two basis points lower, or 0.02%, to 1.59% during Asia trading hours. Treasuries move towards a two-month low ahead a President Obama meeting with Democratic and Republican leaders in Congress to negotiate how to cope with a soaring U.S. debt and how to avoid the so-called fiscal cliff.

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