Investment & Insurance Blog

Currently browsing Latest Posts



  • Relatively uneventful day for the GBP/EUR market – it opened at 1.1158, traded a high of 1161, a low of 1.1157 and closed at 1.1160.
  • The same could be said for GBP/USD after opening at 1.2682, trading a high of 1.2707, a low of 1.2662 and closing at 1.2685 representing a fractional increase of 0.03% on the day.
  • Both Jeremy Hunt and Boris Johnson have unveiled pledges on immigration and education should they become prime minister.
    • Mr Johnson said they he would implement an Australian-style immigration system which would be points-based.
    • Foreign Secretary Mr Hunt said he would cancel the tuition fees of young entrepreneurs who start business and create jobs.
  • Japan’s foreign minister has said he is very concerned about the implications of a no-deal Brexit. Taro Kono said that 1,000 Japanese companies operating in the UK were concerned about the negative impact on their operations if the UK leaves the EU without a deal. (BBC News)
  • Core durable goods orders m/m from the US came in at 0.3% vs 0.1% expected. Durable goods orders m/m came in at -1.3% vs 0.0% expected.
  • ANZ business confidence came in at -38.1.
  • GBP/AUD, GBP/NZD and GBP/JPY is currently trading at 1.8144, 1.8981 and 137.02, respectively.
  • At 1.30pm we expected a final GDP q/q figure from the US.
  • The US and China have tentatively agreed a trade truce before the G20 summit.


Current at time of distribution

Currency Pair Interbank Rate % Change on Day
GBP/EUR 1.1162 +0.02
GBP/USD 1.2693 +0.06
EUR/USD 1.1369 +0.01
AUD/USD 0.6994 +0.15


Current at time of distribution
Time (GMT) Region Data Release Forecast Previous
ALL EUR German Prelim CPI m/m 0.2% 0.2%
13:30 USD Final GDP q/q 3.1% 3.1%

Please follow and like us: