Australia’s central bank left interest rates unchanged, reaffirming its willingness to tolerate slow inflation to avoid further stoking east coast property prices and household debt. Governor Philip Lowe and his board kept the cash rate at 1.5 percent Tuesday as forecast by 27 of 28 economists — one predicted a cut. In his statement, Lowe […]
AUDUSD Rises to 0.7670 as RBA Sits at 1.5% Read More »
The Materials and Energy sectors have continued their strong showing in the latest ASX Sector Analysis for the week beginning 6 February 2017, however Utilities has been the biggest mover. The ASX Sector Analysis is conducted over three time frames – the last 3 months, 6 months and 12 months. If a sector appears above
ASX Sector Analysis – Materials Strong as Utilities Moves Higher Read More »
For the week beginning 6 February 2017, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) has remained above 60 as the ASX200 index has been able to also remain above the current key level of 5600. See below for notes on the indicator. Click on the image below for
S&P/ASX 200 Sentiment around 65 as Index Sits on 5600 Read More »
Did you end up watching the webinar I did for MetaStock towards the end of last year? In it I discussed some of the rules I use and how I implement them in my analysis software. You can watch it below: ASX200 The index has spent the last few weeks easing off a little however significantly
AUDUSD runs into 0.77, Market Update Read More »
