21 May 2015
All eyes on Aussie Capex - TDS
FXStreet (Guatemala) - Analysts at TD Securities sight the key events ahead and we have the Aussie Capex (Thurs 28 May) in focus.
Key Quotes:
"All eyes will be on services investment intentions, where for 2015/16 we look for an upgrade from last quarter’s -7% estimate to flat now, given the lower AUD and lower borrowing costs."
"Overall the report should buy the RBA more time to pause a 2.00%, supporting the AUD."
Key Quotes:
"All eyes will be on services investment intentions, where for 2015/16 we look for an upgrade from last quarter’s -7% estimate to flat now, given the lower AUD and lower borrowing costs."
"Overall the report should buy the RBA more time to pause a 2.00%, supporting the AUD."