Glossary terms beginning with U

Ugly

Describing unforgiving market conditions that can be violent and quick

UK100

A name for the FTSE 100 index.

 

UK claimant count rate

Measures the number of people claiming unemployment benefits. The claimant count figures tend to be lower than the unemployment data since not all of the unemployed are eligible for benefits

UK HBOS house price index

Measures the relative level of UK house prices for an indication of trends in the UK real estate sector and their implication for the overall economic outlook. This index is the longest monthly data series of any UK housing index, published by the largest UK mortgage lender (Halifax Building Society/Bank of Scotland)

UK jobless claims change

Measures the change in the number of people claiming unemployment benefits over the previous month

UK manual unit wage costs

Measures the change in total labor cost expended in the production of one unit of output

UK OIL

A name for Brent Crude Oil

UK producers price index input

Measures the rate of inflation experienced by manufacturers when purchasing materials and services. This data is closely scrutinized since it can be a leading indicator of consumer inflation

UK producers price index output

Measures the rate of inflation experienced by manufacturers when selling goods and services

Underlying

The actual traded market from where the price of a product is derived

Unemployment rate

Measures the total workforce that is unemployed and actively seeking employment, measured as a percentage of the labor force

University of Michigan's consumer sentiment index

Polls 500 US households each month. The report is issued in a preliminary version mid-month and a final version at the end of the month. Questions revolve around individuals’ attitudes about the US economy. Consumer sentiment is viewed as a proxy for the strength of consumer spending

Unrealized gain/loss

The theoretical gain or loss on open positions valued at current market rates, as determined by the broker in its sole discretion. Unrealized Gains/Losses become Profits/Losses when the position is closed

Uptick

A new price quote at a price higher than the preceding quote

Uptick rule

In the US, a regulation whereby a security may not be sold short unless the last trade prior to the short sale was at a price lower than the price at which the short sale is executed

US30

A name for the Dow Jones index

US OIL

A name for WTI Crude Oil

US prime rate

The interest rate at which US banks will lend to their prime corporate customers


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