Corporate

10 Mar 2015
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Pound Reaches Multi Year Highs

Today’s BRC survey hinted that retail sales in the UK grew less than anticipated last month, amid the supermarket price wars and the falling food sales in the UK. The Pound is trading on a weaker footing against the greenback this morning ahead of the BoE Governor’s speech scheduled later today, eagerly awaited to ascertain if he offers any fresh insight into the timing of an interest rate rise in the UK. However against the Euro the Pound and the Dollar continue to gain as the market seems to show no sign of abating on the recent run of Euro selling. Across the Atlantic, the NFIB survey is expected to show that morale among small firms improved for February. Meanwhile, with little on the macroeconomic front in the Euro zone, Euro investors are likely to remain on the side lines, particularly amid concerns surrounding Greece’s financial woes.
10 Mar 2015
Share

Pound Reaches Multi Year Highs

Today’s BRC survey hinted that retail sales in the UK grew less than anticipated last month, amid the supermarket price wars and the falling food sales in the UK. The Pound is trading on a weaker footing against the greenback this morning ahead of the BoE Governor’s speech scheduled later today, eagerly awaited to ascertain if he offers any fresh insight into the timing of an interest rate rise in the UK. However against the Euro the Pound and the Dollar continue to gain as the market seems to show no sign of abating on the recent run of Euro selling. Across the Atlantic, the NFIB survey is expected to show that morale among small firms improved for February. Meanwhile, with little on the macroeconomic front in the Euro zone, Euro investors are likely to remain on the side lines, particularly amid concerns surrounding Greece’s financial woes.
10 Mar 2015
Share

Pound Reaches Multi Year Highs

Today’s BRC survey hinted that retail sales in the UK grew less than anticipated last month, amid the supermarket price wars and the falling food sales in the UK. The Pound is trading on a weaker footing against the greenback this morning ahead of the BoE Governor’s speech scheduled later today, eagerly awaited to ascertain if he offers any fresh insight into the timing of an interest rate rise in the UK. However against the Euro the Pound and the Dollar continue to gain as the market seems to show no sign of abating on the recent run of Euro selling. Across the Atlantic, the NFIB survey is expected to show that morale among small firms improved for February. Meanwhile, with little on the macroeconomic front in the Euro zone, Euro investors are likely to remain on the side lines, particularly amid concerns surrounding Greece’s financial woes.
10 Mar 2015
Share

Pound Reaches Multi Year Highs

Today’s BRC survey hinted that retail sales in the UK grew less than anticipated last month, amid the supermarket price wars and the falling food sales in the UK. The Pound is trading on a weaker footing against the greenback this morning ahead of the BoE Governor’s speech scheduled later today, eagerly awaited to ascertain if he offers any fresh insight into the timing of an interest rate rise in the UK. However against the Euro the Pound and the Dollar continue to gain as the market seems to show no sign of abating on the recent run of Euro selling. Across the Atlantic, the NFIB survey is expected to show that morale among small firms improved for February. Meanwhile, with little on the macroeconomic front in the Euro zone, Euro investors are likely to remain on the side lines, particularly amid concerns surrounding Greece’s financial woes.