Thu, July 09, 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 chancellors of the Exchequer George Osborne and Greek Prime Minister Alexis Tsipras have weakened the pound.
The longer the deadlock over Greece goes on, the more concerned traders become that Britain’s economy and its currency will suffer from the fallout. As the prospect that Osborne’s special budget yesterday will speed up spending cuts.
These factors are increasing speculation that the Bank of England will push back the rate hike to the third quarter of 2016. Only two weeks ago, money markets expected the rate hike to be in May.
BOE Governor Mark Carney is expected keep interest rates at a record-low of 0.5% today.
Sterling continued to weaken even though house prices have increased the most in five months in June.
The Pound fell 0.6% to 1.5373 against the Dollar yesterday morning, after falling as low as 1.5368, the weakest level since June 9. The Pound also fell 0.7% to 1.3845 against the Euro, set for its biggest daily decline since June 8.
European leaders have set a Sunday deadline for Greece to accept a rescue, saying otherwise they’ll take the unprecedented step of propelling the country out of the currency union.
Data to look out for today. .
12:00 BOE Bank Rate Decision.
13:30 USD employment figures. expected to to be worst
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
| Day | Time | Currency | Event |
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| THU | 06:00 | EUR | EUR German Imports s.a. (MoM) | THU | 06:00 | EUR | EUR German Trade Balance (euros) | THU | 06:00 | EUR | EUR German Current Account (euros) | THU | 06:00 | EUR | EUR German Exports s.a. (MoM) | THU | 09:45 | USD | USD Fed's Kocherlakota Speaks on Central Banks in Frankfurt | THU | 11:00 | GBP | GBP BOE Asset Purchase Target | THU | 11:00 | GBP | GBP Bank of England Rate Decision | THU | 12:30 | USD | USD Initial Jobless Claims | THU | 12:30 | USD | USD Continuing Claims | THU | 14:00 | USD | USD Fed Governor Lael Brainard Speaks in Washington | THU | 14:30 | USD | USD EIA Natural Gas Storage Change | THU | 14:30 | USD | USD EIA Natural Working Gas Implied | THU | 17:00 | USD | USD Fed's George Speaks on Economy in Oklahoma |
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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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