Australia's Q2 Capex headline arrives at -2.5% vs +0.6% expected

Australian capex (private capital expenditure) for Q2 shows a capex 'headline' of -2.5% q/q vs +0.6% expected and +0.4% last.

Aug 30, 2018

Australia Building Permits (YoY) down to -5.6% in July from previous 1.6%

The AUD/USD fell to a session low of 0.7275 after the Q2 CAPEX printed negative and the building approvals fell more than expected. The headline CAPE