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USD Lower As Commodity Prices Rise

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 26, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    In Australia, private capital expenditure (capex) contracted 5.2%q/q in the first quarter of 2016, missing consensus for a smaller decrease of -3.5% and also below the upwardly revised figure of +1.8% in the last quarter of 2015. On a year-over-year basis capex contracted -15.4% as spending on equipment plant and[​IMG]

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