workingtraders
Short

$AUDUSD - Aussie Q4 capex data giving the aussie dollar a push

FX:AUDUSD   Australian Dollar/U.S. Dollar
254 0 8
See related idea.

Thoughts JPMorgan:

Numbers look pretty bad
The estimate for 2015-16 was disappointing. It's around $10 billion less than we were calling for. And it's soft across the board
Mining is set to fall further
Manufacturing was revised down again. That's not a surprise, but there's not much sign of a revival in other sectors either
This lack of animal spirits is not what the RBA has been hoping for. It does add to the chance of a rate cut next week, though we think they will hold on to May
The survey was taken before this month's easing and we haven't seen what impact that has had on confidence
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out