Foreign Exchange Daily Market Update 28/07/2015
Tue, July 28, 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 strengthens before GDP.
The Pound strengthened against the Euro as speculation that economic-output data will show signs of recovery in the U.K. and that will encourage the Bank of England policy makers to consider the first interest-rate increase in eight years.
Sterling rose against the Euro before a data out today is expected to show the U.K. gross domestic product will increased by 0.7% from April to June, Britain’s 10th consecutive quarter of growth. Speculating rates will rise in May, compared with August 2016 as recently as July 10 this year.
The Pound strengthened 0.1% to €1.4046 against the Euro as this morning, after touching €1.3995 on Monday, the weakest level since July 13. Sterling fell 0.1% to $1.5541 aginst the Dollar.
Data to look out today.
09:30: UK GDP 2ndQ.
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 | 08:30 | GBP | GBP Index of Services (MoM) |
Tue | 08:30 | GBP | GBP Gross Domestic Product (YoY) |
Tue | 08:30 | GBP | GBP Index of Services (3Mo3M) |
Tue | 08:30 | GBP | GBP Gross Domestic Product (QoQ) |
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 |
Tue | 13:00 | USD | USD S&P/CS 20 City s.a. (MoM) |
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 | 13:00 | USD | USD S&P/Case-Shiller Home Price Index |
Tue | 13:45 | USD | USD Markit US Composite PMI |
Tue | 13:45 | USD | USD Markit US Services PMI |
Tue | 14:00 | USD | USD Richmond Fed Manufacturing Index |
Tue | 14:00 | USD | USD Consumer Confidence |
|
|