Forex

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

.Previous fourth 1.0% Australia's capital expenditures for Q2 -2.2% versus 1.0% estimate. That equated to the largest downtrend due to the fact that a similar fall in Q3 2021. Property capital investment -3.8 versus -0.9% last quarterPlant/machinery capital spending -0.5% versus +3.3% last quarterweaker than assumed data.This write-up was created by Greg Michalowski at www.forexlive.com.