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.

RBA Minutes Indicate a Patient Central Bank

The Minutes of the previous central bank board monthly monetary policy meeting were released today.  In the minutes the RBA indicated that it was prepared to be patient and examine more economic data, including inflation figures due on Wednesday, before deciding to cut the cash rate again.  The minutes of the meeting held on 7th …

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RBA Speculation Continues after Stevens Speaks in New York

Speculation continues over not what the RBA’s next move will be, but rather when it will be.  The vast majority (if not everyone) are expecting at least one more cut this year with the only doubts surrounding the timing.   RBA Governor Stevens spoke in New York overnight to the American Australian Association. He specifically addressed …

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