Mon, April 27, 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
The Pound climbed to its highest level in seven weeks against the Dollar as speculation over the outcome of the U.K. election, won’t derail the Bank of England’s path toward raising interest rates.
Sterling has rebounded from an almost five-year low against the Dollar set on April 13 as optimism the BOE will become the second major central bank to increase rates after the Federal Reserve. Minutes of the U.K. central bank’s latest policy meeting published on April 22 showed keeping rates at a record low are a “finely balanced” decision for a minority of officials.
Markets have finally realized that irrespective of who gets into power and what coalition is formed, the basic premise of economic policy won’t change. Some of the election-risk is being priced out and sterling appreciated.
The Pound rose 1.4% this week to $1.5172 on Friday afternoon, after touching $1.5186, the highest since March 6. Sterling gained for a third week against the Euro gaining 0.8% to 71.65 pence. It touched €1.392 against the Euro on April 23, the strongest level since March 16.
GDP figures out tomorrow are expected to show that the U.K. economy has increased by 0.5% in the first three months of the year. That would be a ninth-straight quarter of growth
Data to look out today.
14.45: EUR ECB Announces assets purchase.
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
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| MON | 06:00 | EUR | EUR German Import Price Index (MoM) | MON | 06:00 | EUR | EUR German Import Price Index (YoY) | MON | 07:00 | CHF | CHF Sight Deposits | MON | 07:00 | EUR | EUR EU's Hill SSM's NouY Speak at Conference in Brussels | MON | 08:30 | EUR | EUR ECB's Coeure Constancio & Nouy Speaks in Brussels | MON | 09:00 | EUR | EUR SSM's Nouy & SSB Koenig on Panel at Conference in Brussels | MON | 10:00 | GBP | GBP CBI Trends Selling Prices | MON | 10:00 | GBP | GBP CBI Business Optimism | MON | 10:00 | GBP | GBP CBI Trends Total Orders | MON | 12:00 | EUR | EUR ECB Constancio Speaks at Conference in Brussels | MON | 13:45 | USD | USD Markit US Composite PMI | MON | 13:45 | USD | USD Markit US Services PMI | MON | 13:45 | EUR | EUR ECB Announces Asset Purchases | MON | 14:30 | USD | USD Dallas Fed Manufacturing Activity |
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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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