Australia’s central bank trimmed its inflation and growth forecasts on Friday, yet highlighted green shoots in the economy and gave no clear indication that it would cut interest rates again anytime soon. In its 70-page quarterly monetary policy report, the Reserve Bank of Australia (RBA) said weakness in business investment meant the economy would continue […]
RBA Remains Silent on Rate Outlook Read More »
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 rate for a longer than expected period. In its 70-page quarterly monetary policy report, the RBA narrowed its growth forecast for 2015 to 2.5 percent versus 2.25-3.25 percent previously
AUD/USD Eases Below 0.79 as RBA Lowers Growth Forecasts Read More »
Recently I was interviewed by Aaron Fifield from chatwithtraders.com and he has now made this audio interview available. Aaron wrote down the following list of ‘lessons learnt’ in this interview, as follows: Why a combination of time and perseverance will lead you to become desensitised with losing trades. By trading less, Stuart feels no pressure
My Interview with ‘Chat with Traders’ Read More »
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 declined by 2,900, data showed on Thursday, missing Reuters’ forecast for a 5,000 rise. The figure was made up of a fall of 21,900 in full-time employment and a
Unemployment Rises to 6.2% as 2900 Jobs Lost Read More »
