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Trading Insights from Stuart McPhee
June 4, 2015

Australian Trade Deficit at Record Levels as Retail Sales Weaken

Australian retail sales stagnated and the nation’s trade deficit blew out to a record in April, in a challenge to a central bank trying to spur […]
June 4, 2015

AUD/USD Drops Below 0.7750 after Retail Sales and Trade Data

The Australian dollar fell half a US cent after the release of disappointing retail spending figures.  Retail spending was unchanged in April, The Australian Bureau of […]
June 4, 2015

OECD: Australian Property Prices at Risk of ‘sharp correction’

Australia’s property markets are at risk of a “sharp correction” according to the Organisation for Economic Cooperation and Development.  The international organisation is the latest to […]
June 3, 2015

Australia Q1 GDP up 2.3% However Concerns Remain

Australia’s economy expanded 2.3 percent in the first quarter from the year-ago period, beating forecasts and pushing up the currency, but some were concerned about the […]