Wed, April 11, 2018
U.K. manufacturing fell for the first time in 11 months in February, led by output of machinery and equipment.
Factory production fell 0.2% since January, when output was unchanged. Overall industrial production rose smaller-than- predicted of 0.1% as a harsh winter and below-average temperatures increased demand for energy.
It ends a remarkable run for manufacturers that has helped to support the economy as the squeeze from rising prices takes its toll on consumer spending.
Seven out of 13 manufacturing sectors saw output fall in February, with machinery and equipment falling 3.9% after a strong January. In the latest three months, factory output increased by 0.6%, the least since July.
The Pound fell to $1.418 against the dollar, after touching 1.42. Sterling rose to 1.146 against the Euro.
Data to look out today.
12:00 EUR Draghi Speaks in Frankfurt.
13:30 USD Consumer Price Index
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 |
|---|---|---|---|
| WED | 08:30 | GBP | GBP Visible Trade Balance (Pounds) | WED | 08:30 | GBP | GBP Trade Balance Non EU GBP/Mn | WED | 08:30 | GBP | GBP Trade Balance | WED | 08:30 | GBP | GBP Industrial Production (MoM) | WED | 08:30 | GBP | GBP Industrial Production (YoY) | WED | 08:30 | GBP | GBP Manufacturing Production (MoM) | WED | 08:30 | GBP | GBP Manufacturing Production (YoY) | WED | 08:30 | GBP | GBP Construction Output SA (MoM) | WED | 08:30 | GBP | GBP Construction Output SA (YoY) | WED | 11:00 | GBP | GBP NIESR Gross Domestic Product Estimate | WED | 11:00 | USD | USD MBA Mortgage Applications | WED | 11:00 | EUR | EUR ECB's Draghi Speaks in Frankfurt | WED | 12:30 | USD | USD Consumer Price Index (MoM) | WED | 12:30 | USD | USD Consumer Price Index Ex Food and Energy (MoM) | WED | 12:30 | USD | USD Consumer Price Index (YoY) | WED | 12:30 | USD | USD Consumer Price Index Ex Food and Energy (YoY) | WED | 12:30 | USD | USD Consumer Price Index n.s.a. | WED | 12:30 | USD | USD Consumer Price Index Core Index s.a. | WED | 12:30 | USD | USD Real Avg Weekly Earnings (YoY) | WED | 12:30 | USD | USD Real Avg Hourly Earning (YoY) | WED | 14:30 | USD | USD DOE U.S. Crude Oil Inventories | WED | 14:30 | USD | USD DOE Cushing OK Crude Inventory | WED | 14:30 | USD | USD DOE U.S. Gasoline Inventories | WED | 14:30 | USD | USD DOE U.S. Distillate Inventory | WED | 17:00 | USD | USD U.S. to Sell USD21 Bln 10-Year Notes Reopening | WED | 18:00 | USD | USD Monthly Budget Statement | WED | 18:00 | USD | USD FOMC Meeting Minutes | WED | 23:01 | GBP | GBP RICS House Price Balance |
| GBP / USD | 1.41845 |
|---|---|
| GBP / EUR | 1.14677 |
| EUR / USD | 1.23589 |
| GBP / CAD | 1.78825 |
| GBP / AUD | 1.82973 |
| GBP / CHF | 1.3593 |
| GBP / CZK | 29.0333 |
| GBP / DKK | 8.54247 |
| GBP / HKD | 11.13792 |
| GBP / INR | 92.4897 |
| GBP / JPY | 151.769 |
| GBP / MUR | 47.54 |
| GBP / NOK | 11.0327 |
| GBP / NZD | 1.92511 |
| GBP / PLN | 4.80285 |
| GBP / SEK | 11.8181 |
| GBP / SGD | 1.85670 |
| GBP / THB | 44.2292 |
| GBP / TRY | 5.88178 |
| GBP / ZAR | 17.10958 |
*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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