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’s Edey: Don’t Get Spooked by Global Markets

The Reserve Bank has urged investors not to be overly pessimistic about global market volatility and the uncertain economic outlook. Since the start of 2016, equity, commodity and credit markets have been fluctuating and brent crude oil prices have fallen to their lowest level in more than a decade. RBA assistant governor Malcolm Edey has …

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AUD/USD Eases to 0.7160 as Unemployment Jumps to 6%

The unemployment rate has jumped to six per cent, not the sort of news Malcolm Turnbull’s new-look frontbench would have been hoping for. As the prime minister’s new team was sworn in by the governor-general, new figures also showed the number of people in employment fell by 7900 in January, and would have been worse …

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RBA Minutes: No Concerns over Growth or Inflation

Australia’s central bank said the pace of economic growth should pick up gradually in the next few years without inflation being a problem, a benign mix that might provide it with the scope to cut interest rates further if needed. In minutes of its Feb. 2 meeting, where the Reserve Bank of Australia (RBA) kept …

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