Latest currency news

April 13th, 2016

Demand for steel to continue to fall

By Smart Currency

World Steel Association warns of slowing demand for steel globally throughout 2016.   The latest report from the World Steel Association (World Steel) today showed... Read more

April 13th, 2016

Poor monthly Eurozone industrial production data weakens euro

By Smart Currency

Eurozone sees industrial production fall for the month, despite a 0.8% boost for the past year.   Eurozone industrial production dropped by 0.8% from January to... Read more

April 12th, 2016

Brexit to cause severe damage, says IMF

By Smart Currency

International Monetary Fund (IMF) issues warning over EU Referendum and cuts UK growth forecasts.   The UK’s departure from the EU would lead to ‘severe... Read more

April 12th, 2016

Pound sterling boosted by better-than-expected inflation data

By Smart Currency

Rising prices for air fares and clothing and footwear boosts overall inflation level.   UK inflation saw a surprise upsurge in the year to March 2016, according to... Read more

April 11th, 2016

Chinese inflation – strengthening or weakening?

By Smart Currency

Mixed inflation news out of China.   Consumer Price Index (CPI) data from China showed that prices rose by 2.3% for the year to March 2016. An indiator of... Read more

April 11th, 2016

UK economic growth to slow further, says British Chambers of Commerce

By Smart Currency

A report released today by the British Chambers of Commerce predicts further slowing of UK economic growth in light of ongoing uncertainty.   The British Chambers... Read more

April 11th, 2016

Oil prices fall as cap on output unlikely

By Smart Currency

Probability of supply restrictions less likely.   Oil prices plummeted again on Monday due to poor sentiment over the likelihood that production will be cut to... Read more

April 11th, 2016

UK Prime Minister to push for tax evasion legislation

By Smart Currency

UK Government to take steps on tax evasion earlier than planned   Advance versions of David Cameron’s speech to the House of Commons today point to the UK... Read more

April 8th, 2016

Good news for global markets as oil prices rise

By Smart Currency

World markets enjoy a welcome boost as the oil price went up six percent.   After oil prices causing continued global economic concern, prices leaped up today by... Read more

April 8th, 2016

UK trade deficit seems to have narrowed

By Smart Currency

Figures encouraging based on revisions to January estimates.   The UK trade deficit for goods and services closed in from £5.2 billion in January 2016 to £4.8... Read more