- Australia's Q2 CAPEX likely to come in softer – TD Securities
Noticias del mercado
28 agosto 2019
Australia's Q2 CAPEX likely to come in softer – TD Securities
Analysts at TD Securities are forecasting Australia’s Q2 CAPEX to come in softer, down 0.5% q/q, led by decreases in building and structures.
- “Plant and Equipment which directly feeds into GDP is also expected to be softer, -0.5% q/q. Accompanying this data, we get final CAPEX for 2018/19, which we forecast to be A$124b, nearly 4% up on 2017/18.
- The 3rd estimate for 2019/20 raw CAPEX is expected to be A$117b, +18% on the 2ndestimate on gains in mining, manufacturing and services CAPEX.”
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir cuenta demo y página personal