Australia’s central bank indicated it still has scope to ease policy if needed after cutting interest rates two weeks ago, saying slower growth would result in elevated unemployment for longer. The rate reduction reflected signs spending by firms in the resource industry and outside it “would be weaker than expected,” the Reserve Bank of Australia […]
RBA Minutes: Retains Easing Bias Read More »
I appeared on Channel News Asia again this morning at 8:30am SGT, live from their Raffles Place studio. My questions and my responses in the form of brief notes are below: Q1. Wall Street indices are trading at or near record highs. Is the risk of a correction now greater? Maybe a little but this
Live TV Appearance on Channel News Asia Read More »
For the week beginning 18 May 2015, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) is presently reading 58. See below for notes on the indicator. Click on the image below for a larger, clearer image of the S&P/ASX 200 Index. Notes: My very own Stuart McPhee Market Sentiment
S&P/ASX 200 (XJO) Sentiment Indicator at 58 Read More »
The Health Care and Industrials sectors continue to lead the way in the latest ASX Sector Analysis for the week beginning 18 May 2015. The ASX Sector Analysis is conducted over three time frames – the last 3 months, 6 months and 12 months. If a sector appears above the S&P/ASX 200 index (XJO), then
ASX Sector Analysis – Health Care and Industrials Lead the Way Read More »
