Wednesday, August 26, 2009

Australia Q2 Capex +3.3% Vs -5.0% expected

Thu, Aug 27 2009, 01:40 GMT

Capital expenditure in the second quarter in Australia was much bigger than anticipated. The government stimulus program and recovering international sentiment were the main causes of the resurgence. The AUD/USD has popped up 10 pips on the data.

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