Australia Private Capital Expenditure declined to -9.2% in 3Q from previous -4%

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USD/JPY: minor recovery stalling on 122 handel

USD/JPY is currently trading at 122.66 with a high of 122.79 and a low of 122.62.
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Australia's capex: Major headline miss, 4th estimate 15/16 at A$120bln

Australia's private capital expenditure (CAPEX) has come at -9.2% for Q3 vs -2.9% expected and -4% prior, while the 4th estimate of investment plans for 2015/16, with the survey conducted from Oct to early Nov, coming at A$120bln, in line with expectations and against 3rd estimate of A$115bln.
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