Stuart McPhee

Australian private trader for more than 20 years, author, trading coach, licensed adviser and regular speaker at major trading events all around the world. Graduate of RMC Duntroon and former Australian Army Officer.

ASX Sector Analysis – Health Care and Industrials Lead the Way

The Health Care and Industrials sectors continue to lead the way in the latest ASX Sector Analysis for the week beginning 25 May 2015. The ASX Sector Analysis is conducted over three time frames – the last 3 months, 6 months and 12 months.  If a sector appears above the S&P/ASX 200 index (XJO), then …

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Australian Consumer Confidence Jumps on Budget and Rate Cut

The most widely-watched consumer sentiment survey has jumped 6.4 per cent in May following an interest rate cut and the federal budget.  The Westpac-Melbourne Institute index hit 102.4, which indicates that optimists narrowly outnumber pessimists – it is the first positive reading since February.  Consumer sentiment is now running around long run averages. The findings …

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AUD/USD Trading Around 0.80 after RBA Minutes

The Reserve Bank of Australia (RBA) left open the possibility it might cut interest rates further, minutes from its May 5 meeting showed, triggering a slump in the Australian dollar on Tuesday. In the minutes from the meeting that saw the RBA cut rates to a record low of 2 percent, the central bank acknowledged …

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