The Traderszone Network

Published in TZ Latest News 22 February, 2017 by The TZ Newswire Staff

ForexLive Asia FX news: Australia puts the “r” into capex again

Forex news for Asia trading Thursday 23 February 2017
– And, ICYMI:
News and data flow was light again in Asia today, with the focus on the Australian Q4 Private Capital Expenditure survey; aka the ‘capex’ survey, though if you stick an “r” in the right spot you’ll be close to the result. It was a big miss on expectations (again), a further slump in mining capex (no surprise there) but at least a pickup in manufacturing and ‘other’ capex intentions to provide something positive.