Australia Private Capital Expenditure above expectations (-0.3%) in 2Q: Actual (1.1%)

FXStreet.com (Barcelona)

Aug 28, 2014

The day ahead, starting with key Capax – Rabobank

Analysts at Rabobank explains the upcoming data releases that are key throughout Asia, European markets and the US.

Australian Capex Q2 exceeds expectations

Private capital xependiture (Q2) in Australian came at +1.1% vs -0.3% exp and -2.5% last, revised from -4.2%. The 2014/15 3rd estimate stood at $145.2b, up from $137.1b last, with equipment, plant & machinery coming at -0.9%.