News

News

Monday 19th June 2017

Good morning

 

The US Federal Reserve raised their rate as expected 0.25% from 1% to 1.25%.

GBP/USD trades around 1.28 this morning with GBP/EUR around 1.1435.

 

An agreed pay out to Greece for €8.5Bn was agreed by EU finance ministers and the IMF which will avoid any default next month.

 

A quiet day data wise today and generally for the week.

 

Massive congratulations to Jota Sport for winning Le Mans (LMP2 class) with #mighty38 and coming second overall and a P3 for #37 – a tremendous achievement for all the team.

 

Have a great week and enjoy the sunshine.

 

CENTRAL BANK AND LIBOR RATES

UK: 0.50%
US: 1.75%
EU: 0.00%

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