Euro Falls on Weak Retail Sales and Troubles in Eastern Europe, Pound Up on Better Services PMI
Euro Falls on Weak Retail Sales and Troubles in Eastern Europe, Pound Up on Better Services PMI
UK Consumer Confidence Declines Again We begin in the UK, where
consumer confidence, as measured by Nationwide, fell further in
January, ticking down to 40 from 48 in December. Consumers remain
concerned about the economic downturn and the situation in the
labor market. Both the present and future expectations sub-gauges
declined. UK Services PMI Surprises Forecasts on the Upside In a
second release from the UK, activity in the services sector
contracted yet again, but the pace of contractionview original article
