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.

AUD/USD up to 0.7130 after RBA Sits at 2%

Australia’s central bank held its policy nerve as global ructions and a higher currency add another layer of difficulty to an economy already grappling with weaker employment, low wage growth and tumbling investment. Reserve Bank of Australia Governor Glenn Stevens and his board left the cash rate at 2 percent Tuesday, as forecast by all …

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RBA Likely to Sit on Rates

The Reserve Bank of Australia will keep interest rates on hold when it meets next week, and is unlikely to try to talk down the local currency despite a mini-rally this year, say some of the country’s foremost economists. A Fairfax survey of 10 senior bank and market economists found consensus that the central bank …

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ASX Sector Analysis – Industrials and Property Trusts Retain Lead

Property Trusts and Industrial continue to lead the way, as Energy continues to bring up the rear in the latest ASX Sector Analysis for the week beginning 29 February 2016. The ASX Sector Analysis is conducted over three time frames – the last 3 months, 6 months and 12 months.  If a sector appears above …

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S&P/ASX 200 Sentiment Higher as Index Rallies to Near 5000

For the week beginning 29 February 2016, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains just below 40 as the ASX200 index remains below the key 5000 level.  See below for notes on the indicator. Click on the image below for a larger, clearer image of the S&P/ASX 200 …

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