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 (00:38)
- 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.
29 Nov 2012 - 00:30
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