News Headline Summary

Australian Private Capital Expenditure (Q3) Q/Q 2.8% vs. Exp. 2.0% (Prev. 3.4%)

- Australia latest estimate 2012/13 capital expenditures AUD 173.4bln versus earlier estimate AUD 181.5bln.

Reaction details:

- In an immediate reaction to the headline, AUD/USD moved up 3 pips from 1.0472 to 1.0475.
- While immediately after the release of the lower-than-previous Capex estimate, AUD/USD spiked lower 14 pips from 1.0475 to 1.0461.

Print 00:30, 29 Nov 2012 - Asian News - Source: Newswires