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Risk of Aus Q3 GDP downgrade after capex

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - Aus Q3 GDP is due on 2/12, with consensus looking for a 2.3% rise. However, given the disappointing Australian capex in Q3, there is likely to be downside revisions in the days to come, which should be a negative input for the Australian Dollar.
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