FXstreet.com (Barcelona) - The economy of the United Kingdom is giving mixed signals of the strength of its recovery with the leading economic indicator slipping to 0.4% in December 2009 from 0.9% in the previous month.
The Leading Indicators released by the Conference Board measures future trends of the overall economic activity including employment, average manufacturing workweek, initial claims, permits for new housing construction, stock prices and yield curve. It is considered as a measure for economic stability in UK. A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).
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