Forex

Australia capital spending for Q2 -2.2% versus 1.0% assumed

.Prior quarter 1.0% Australia's capital expenditures for Q2 -2.2% versus 1.0% quote. That equated to the most extensive downtrend considering that an identical fall in Q3 2021. Property capital expenditures -3.8 versus -0.9% last quarterPlant/machinery capital spending -0.5% versus +3.3% last quarterweaker than expected data.This write-up was composed through Greg Michalowski at www.forexlive.com.