Tue, March 03, 2015
Sterling fell from a seven year high against the Euro, also weakening against the dollar after an eight-week gain, as uncertainly continues to grow over May’s general election.
UK house prices fell in February for the first time in five months annual house prices grew 5.7%, the lowest since September 2013.
Germany’s economy grew 0.7% at the end of 2014, with the GDP predicted to rise 1.5% this year, the country will remain the driving force of the recovery as politicians try to find a compromise with Greece over its bailout and try to prevent tensions from harming confidence and growth.
Sterling fell from €1.3569 to €1.3740 against the Euro yesterday afternoon. The Pound fell to $1.5373 from $1.5420 against the Dollar trading at $1.5449.
Data to look out today.
11:00: Euro Zone PMI
| Day | Time | Currency | Event |
|---|---|---|---|
| TUE | 05:00 | USD | USD Fed's Mester Speaks to Business Economists in Washington | TUE | 07:00 | EUR | EUR German Retail Sales (MoM) | TUE | 07:00 | EUR | EUR German Retail Sales (YoY) | TUE | 09:30 | GBP | GBP Markit/CIPS UK Construction PMI | TUE | 10:00 | EUR | EUR Euro-Zone Producer Price Index (MoM) | TUE | 10:00 | EUR | EUR Euro-Zone Producer Price Index (YoY) | TUE | 14:45 | USD | USD ISM New York | TUE | 15:00 | USD | USD IBD/TIPP Economic Optimism | TUE | USD | USD Domestic Vehicle Sales | TUE | USD | USD Total Vehicle Sales | TUE | 00:01 | GBP | GBP BRC Shop Price Index (YoY) | TUE | 01:15 | USD | USD Fed's Yellen Speaks on Bank Regulation in New York |
| {currency-pair} | {exchange-rate} |
|---|
*These are indicative rates only, based on interbank prices at the time of writing. For exact rates please contact our dealing team
| S | M | T | W | T | F | S |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | 31 | 1 | 2 | 3 | 4 |
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