Foreign Exchange Daily Market Update 14/07/2015

Tue, July 14, 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 gains on Greece deal.  

The Pound strengthened in the wake of the Greek bailout agreement.

With the bailout deal agreed which will see Greece remain in the Euro. The focus is now switching to the U.K. economy. Reports are due this week which will show average earnings and employment has increased since May, increasing the case for higher interest rates.

Now that we’ve got Greece out of the way there are a lot of releases coming for the U.K. this week. If they come out at or above expectations sterling could get a boost.”

The Pound gained less than 0.1% to 1.5523 against the Dollar as of yesterday afternoon, after sliding for the past three weeks. It reached 1.5930 on June 18, the highest level since November. Sterling strengthened 1.3% to 1.4092 against the Euro. 

Data to look out for today.  .

09:30 GBP CPI – expected to remain the same.

13:30  USD Advance retail sales.

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 Consumer Price Index (MoM)
TUE 06:00 EUR EUR German Consumer Price Index - EU Harmonised (YoY)
TUE 06:00 EUR EUR German Consumer Price Index (YoY)
TUE 06:00 EUR EUR German Consumer Price Index - EU Harmonised (MoM)
TUE 08:30 GBP GBP Retail Price Index Ex Mort Int.Payments (YoY)
TUE 08:30 GBP GBP Producer Price Index Input n.s.a. (MoM)
TUE 08:30 GBP GBP Consumer Price Index (MoM)
TUE 08:30 GBP GBP Retail Price Index
TUE 08:30 GBP GBP Retail Price Index (MoM)
TUE 08:30 GBP GBP Retail Price Index (YoY)
TUE 08:30 GBP GBP Producer Price Index Input n.s.a. (YoY)
TUE 08:30 GBP GBP Producer Price Index Output n.s.a. (MoM)
TUE 08:30 GBP GBP Producer Price Index Output Core n.s.a. (MoM)
TUE 08:30 GBP GBP Producer Price Index Output Core n.s.a. (YoY)
TUE 08:30 GBP GBP DCLG UK House Prices (YoY)
TUE 08:30 GBP GBP Consumer Price Index (YoY)
TUE 08:30 GBP GBP Core Consumer Price Index (YoY)
TUE 08:30 GBP GBP Producer Price Index Output n.s.a. (YoY)
TUE 09:00 EUR EUR Euro-Zone Industrial Production s.a. (MoM)
TUE 09:00 EUR EUR Euro-Zone Industrial Production w.d.a. (YoY)
TUE 09:00 EUR EUR German ZEW Survey (Current Situation)
TUE 09:00 EUR EUR German ZEW Survey (Economic Sentiment)
TUE 09:00 EUR EUR Euro-Zone ZEW Survey (Economic Sentiment)
TUE 12:30 USD USD Retail Sales Less Autos
TUE 12:30 USD USD Retail Sales Ex Auto and Gas
TUE 12:30 USD USD Retail Sales Control Group
TUE 12:30 USD USD Advance Retail Sales
TUE 12:30 USD USD Import Price Index (MoM)
TUE 12:30 USD USD Import Price Index (YoY)

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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