Leading Edge Briefs
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Upcoming EU summit watched for hints on future Euro-area plansMarch 11, 2013
European Union (“EU”) heads of government will arrive in Brussels this week for the first key international summit since the recent Italian election failed to conclusively elect a new Prime Minister. The summit is being watched closely by international analysts … read more
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Greek finance minister claims the country is “out of the woods”March 11, 2013
Greece’s Finance Minister – Yannis Stournaras – has claimed that the debt-troubled nation has passed the worst of its recent financial crises and is effectively “out of the woods”. Mr Stournaras pointed to Greece’s significant progress over the past year, … read more
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Chinese inflation hits 10-month highMarch 9, 2013
Chinese inflation rose by more than expected and hit a 10-month high in February, after significant domestic spending during holiday season and substantial credit growth contributed to across-the-board price rises. The Consumer Price Index (“CPI”) rose by 3.2 per cent … read more
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Aussie dollar continues its record strengthMarch 8, 2013
While the strong Aussie dollar (“AUD”) has fallen back from its historic highs against the US dollar last September, it has nevertheless continued to post record highs against other major currencies. For example, the AUD set a 28-year record high … read more
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China warns over potential currency warMarch 8, 2013
The Chinese government has issued new warnings to advanced economies over any devaluation of their currencies, suggesting that continuing efforts by rich countries to reduce the value of their currencies will negatively impact emerging markets. Chinese Commerce Minister Chen Deming … read more
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Positive US jobs data points to strengthening economyMarch 8, 2013
The latest US employment report indicated that the world’s largest economy added a larger-than-expected 236,000 new jobs in February – well ahead of market expectations of 160,000 new jobs. Most promisingly, the US building and construction sector added more jobs … read more
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Fiscal cliff talks resume in the USNovember 24, 2012
US President Barack Obama has resumed negotiations with Congress in an effort to break a deadlock over the looming “fiscal cliff”, which is set to automatically kick in by next year – unless US politicians can agree on a deal … read more
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EU Budget talks collapse over spending concernsNovember 23, 2012
A European Union (EU) summit designed to deliver an agreement on the EU’s long-term budget has temporarily collapsed, amidst continued disagreement between member states on the correct approach to resolve the trading bloc’s continuing sovereign debt crisis. At present, there … read more
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RBA minutes indicate potential for additional interest rate cutsNovember 21, 2012
Following the release of the Reserve Bank of Australia’s (RBA) minutes from its November meeting, many economists and commentators are suggesting that the RBA may cut interest rates further by the end of this year. During its November meeting, the … read more
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Australian dollar likely to remain around parityNovember 20, 2012
The Australian dollar (AUD) is likely to remain around parity with the US dollar in the near future. A wider interest rate differential – which is the difference between domestic and foreign interest rates – is encouraging capital inflow. This … read more
Latest News
Upcoming EU summit watched for hints on future Euro-area plans
11 Mar 2013Greek finance minister claims the country is “out of the woods”
11 Mar 2013Chinese inflation hits 10-month high
09 Mar 2013Aussie dollar continues its record strength
08 Mar 2013