Foreign Exchange Daily Market Update 15/08/2017

Tue, August 15, 2017

Pound Falls After UK Inflation Misses Expectations

Sterling declined this morning after UK Inflation held at 2.6%. Economists had forecasted a 0.1% rise to 2.7%.

This puts an interest rate rise further away as the Pound falls 0.8% to 1.2872 against the Dollar and near a 7 year low against the Euro at 1.0962.

US retail sales jumped by 0.6% in July beating the expectations of a 0.4% rise. The Pound fell further after this data to 1.2851.

The Pound is currently trading at 1.2852 & 1.0975 against the Euro and the Dollar.

Data to look out for today.

Not Much Data Out Today

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 Gross Domestic Product s.a. (QoQ)
TUE 06:00 EUR EUR German Gross Domestic Product w.d.a. (YoY)
TUE 06:00 EUR EUR German Gross Domestic Product n.s.a. (YoY)
TUE 08:15 EUR EUR Bundesbank's Dombret Speaks in Pretoria
TUE 08:30 GBP GBP CPIH (YoY)
TUE 08:30 GBP GBP Consumer Price Index (MoM)
TUE 08:30 GBP GBP Consumer Price Index (YoY)
TUE 08:30 GBP GBP Core Consumer Price Index (YoY)
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 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 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 n.s.a. (YoY)
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 House Price Index (YoY)
TUE 12:30 USD USD Import Price Index (MoM)
TUE 12:30 USD USD Import Price Index ex Petroleum (MoM)
TUE 12:30 USD USD Import Price Index (YoY)
TUE 12:30 USD USD Export Price Index (MoM)
TUE 12:30 USD USD Export Price Index (YoY)
TUE 12:30 USD USD Empire Manufacturing
TUE 12:30 USD USD Advance Retail Sales
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 14:00 USD USD NAHB Housing Market Index
TUE 14:00 USD USD Business Inventories
TUE 15:30 USD USD U.S. to Sell USD20 Bln 52-Week Bills
TUE 15:30 USD USD U.S. to Sell 4-Week Bills
TUE 20:00 USD USD Total Net TIC Flows
TUE 20:00 USD USD Net Long-term TIC Flows

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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