Australia: Private Capital Expenditure (4Q): -5.2%

Feb 27, 2014

NZD/JPY remains sideways around 85.00

After rallying early in February from 81.45 to 85.77, the NZD/JPY stabilized and has been moving sideways in the last few days hovering around 85.00.

Australia's private capital expenditure (2013 Q4) came at -5.2% vs -1.3% expected and +3.6% prior.