Asian Market Update: Australia Q3 Capex Falls At Biggest Rate On Record, Copper Spikes On...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 26, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Australia Q3 private CAPEX survey posted its biggest decline on record at -9.2%, with Building and structures CAPEX component -9.8% q/q and Equipment/Machinery down -8.2%. Australia did revise its expectations for FY15/16 capex to A$120.4B from A$114.8B, but the sequential decline still signals pressure on Q3 GDP and also gives[​IMG]

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