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The AU fixed income space has had a....>

AUSSIE BONDS
AUSSIE BONDS: The AU fixed income space has had a limited reaction to the softer
than expected headline AU Q2 CapEx print, with the key plant and machinery CapEx
component falling by 0.9% in Q/Q terms.
- The much watched 3rd estimate of 2018-2019 Capex ticked up to A$101.9bn, and
was pretty much in line with estimates.
- Participants are seemingly more focused on the potential for mortgage rate
adjustments from the remaining tier 1 AU banks, following the move from Westpac
yesterday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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