News Headline Summary

Australian Private Capital Expenditure (Q4) Q/Q -1.2% vs. Exp. 1.0% (Prev. 2.8%)

- Australia first estimate 2013/14 capex AUD 152.5bln.
- Australia latest estimate 2012/13 capex AUD 168.2bln vs. (Earlier estimate AUD 173.4bln)
- Australia 2012-13 mining investment estimated at AUD 105.1bln.

Reaction details (02:35)

- AUD/USD immediately moved lower by 34pips from 1.0224 to 1.0194, trades 1.0213 (-16 pips) last.
- 5 minutes after the above movement has been pared.

Analysis details (02:42)

- This data is closely eyed by the RBA for a mining impending investment peak.

28 Feb 2013 - 02:30 - Forex Data - Source: Newswires

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