Tue, October 03, 2017
The Pound fell this morning after UK construction PMI declined more than expected last month September, falling below the key 50.0 no-change threshold.
Construction PMI fell to 48.1 missing expectations of 51.1.
The decline below the key level of 50.0 shows that the UK construction industry is shrinking.
The Pound extended its losses after the data was released falling to 1.3238 against the Dollar and 1.1279 versus the Euro.
Data to look out for today.
09:30: GBP: UK Construction PMI
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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 |
|---|---|---|---|
| TUE | 08:30 | GBP | GBP Markit/CIPS UK Construction PMI | TUE | 08:30 | GBP | GBP Record of the Financial Policy Committee's September meeting | TUE | 09:00 | EUR | EUR Euro-Zone Producer Price Index (MoM) | TUE | 09:00 | EUR | EUR Euro-Zone Producer Price Index (YoY) | TUE | 15:30 | USD | USD U.S. to Sell 4-Week Bills | TUE | 23:01 | GBP | GBP BRC Shop Price Index (YoY) |
| {currency-pair} | {exchange-rate} |
|---|
*These are indicative rates only, based on interbank prices at the time of writing. For exact rates please contact our dealing team
| S | M | T | W | T | F | S |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | 31 | 1 | 2 | 3 | 4 |
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