Data due from Australia today: CAPEX survey

At 0130GMT we get April Building Approvals.

For the m/m;

• Prior was -5.5%
• Expected is +4.0%

For the y/y:

• Prior +3.9%
• Expected is +22.5%

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At 0130GMT we also get … drumroll please … the capital expenditure survey (CAPEX survey) release for Q1. I’ll have a complete preview coming up, but, in brief, the focus is on the estimate for 2013/2014. This will be the ‘2nd estimate’. The first estimate was $152.49bn.