Foreign Exchange Daily Market Update 31/03/2015

Tue, March 31, 2015

KBR Foreign Exchange Plc. (KBRFX) identified in London Stock Exchange’s ‘1000 Companies to Inspire Britain’. 

KBRFX has made the London Stock Exchange's Second Edition of 1000 Companies to Inspire Britain. 1000 Companies to Inspire Britain is an annual celebration of some of the fastest-growing and most dynamic small and medium-sized enterprises (SMEs) in the UK

Full Press Release

 

Pound looks to head for its worst month in 2 years.     

The Bank of England will go quiet as the British Parliament dissolved in the run up to the election. Sterling is heading for its worst month against the Dollar in two years.

The general election campaign kicked off yesterday, and with polls suggesting there’ll be no clear winner, a gauge of volatility on Sterling approached the highest level since September 2011.   There is expected to be a lot of volatility in the markets in the run up to the election.

The Pound fell 0.5% to $1.4802 yesterday afternoon falling to $1.4770 this morning, extending its monthly decline to 4.1%, the steepest since February 2013. Sterling strengthened 0.1% to €1.376 against the Euro.

 

Data to look out today.   

09:30:  GBP GDP Quarter on Quarter.

10:00:  Euro – Zone CPI.  

 

CURRENCY PAYMENTS MADE SIMPLE

 

PRESS RELEASE

KBRFX was mentioned in the Essex Chronicle for the top 100 companies by turnover in Essex http://www.essexchronicle.co.uk/100-Essex-businesses-revealed-annual-survey/story-25140555-detail/story.html

Data Releases

Day Time Currency Event
TUE 06:00 EUR EUR German Retail Sales (MoM)
TUE 06:00 EUR EUR German Retail Sales (YoY)
TUE 07:55 EUR EUR German Unemployment Rate s.a.
TUE 07:55 EUR EUR German Unemployment Change
TUE 08:00 EUR EUR Italian Unemployment Rate
TUE 08:30 GBP GBP Gross Domestic Product (QoQ)
TUE 08:30 GBP GBP Gross Domestic Product (YoY)
TUE 08:30 GBP GBP Total Business Investment (YoY)
TUE 08:30 GBP GBP Index of Services (MoM)
TUE 08:30 GBP GBP Index of Services (3Mo3M)
TUE 08:30 GBP GBP Lloyds Business Barometer
TUE 08:30 GBP GBP Current Account (Pounds)
TUE 08:30 GBP GBP Total Business Investment (QoQ)
TUE 09:00 EUR EUR Euro-Zone Unemployment Rate
TUE 09:00 EUR EUR Euro-Zone Consumer Price Index Estimate (YoY)
TUE 09:00 EUR EUR Euro-Zone Consumer Price Index - Core (YoY)
TUE 12:00 USD USD Fed's Lacker Speaks on the Economic Outlook in Richmond
TUE 12:50 USD USD Fed's Lockhart Gives Welcome at George Conference
TUE 13:00 USD USD Fed's Mester to Moderate Georgia `Future of Banks' Panel
TUE 13:00 USD USD NAPM-Milwaukee
TUE 13:00 USD USD S&P/CS 20 City (MoM) s.a.
TUE 13:00 USD USD S&P/CaseShiller 20-City Index n.s.a.
TUE 13:00 USD USD S&P/Case-Shiller US Home Price Index (YoY)
TUE 13:00 USD USD S&P/Case-Shiller US Home Price Index (NSA)
TUE 13:00 USD USD S&P/Case-Shiller US Home Price Index (MoM)
TUE 13:00 USD USD S&P/Case-Shiller Composite-20 (YoY)
TUE 13:45 USD USD Chicago Purchasing Manager
TUE 14:00 USD USD Consumer Confidence
TUE 19:00 USD USD Fed's George Speaks in New York
TUE USD USD Revisions: Wholesale Inventory and Sales Report

Foreign Exchange Rates

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*These are indicative rates only, based on interbank prices at the time of writing. For exact rates please contact our dealing team

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