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Trading Insights from Stuart McPhee
May 8, 2015

AUD/USD Eases Below 0.79 as RBA Lowers Growth Forecasts

The Reserve Bank of Australia has lowered its growth and inflation estimates for 2015 and 2016, saying the economy will continue to grow at a subpar […]
May 7, 2015

Unemployment Rises to 6.2% as 2900 Jobs Lost

Australia’s economy lost jobs for the month of April after two strong months of employment, underscoring the continued fragility of the labor market. The nation’s employment […]
May 7, 2015

Not Following the RBA’s Script

On Tuesday, as widely expected, the RBA cut the official cash rate by 0.25% down to a record low of 2%.   In the day or so […]
May 6, 2015

New Homes Sales Climb to 4 Year High

Sales of new homes in Australia jumped in March to their highest since early 2010 as falling mortgage rates and the lure of rising house values […]