Important Economic Event: Australias Private Capital Expenditure - - TopicsExpress

Important Economic Event: Australias Private Capital Expenditure - 00:30 GMT, 27 November 2014 Private Capital Expenditure (#Capex) measures the total change in the value of new capital expenditure of private companies. This is a leading indication of economic health because businesses are likely to quickly adjust their expenditure as the economic climate changes. If capex increases, the economic health is likely to be better, whereas if capex decreases, economic health is likely to be poor. In the third quarter of 2014, private capital expenditure is expected to decrease to -1.7% from 1.1% in the previous quarter. Key assets to watch: #AUD/ #USD, #GBP/AUD, #EUR/AUD Trade Smarter with CWM FX. Visit us at cwmfx and start trading #Forex now.

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