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

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.
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Australia's Q4 capex disappoints

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