Forex

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

.Prior fourth 1.0% Australia's capital expenditures for Q2 -2.2% versus 1.0% estimate. That amounted to the biggest downtrend since a comparable join Q3 2021. Structure capital investment -3.8 versus -0.9% last quarterPlant/machinery capital spending -0.5% versus +3.3% last quarterweaker than expected information.This write-up was created by Greg Michalowski at www.forexlive.com.