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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Priv. New Capital Exp. QoQ held to -4.2% in Q1 2014
FMPMonthlyReleased May 2014
Australia Priv. New Capital Exp. QoQ held to -4.2% in Q1 2014, released May 2014. The reading missed the -1.4% consensus by 2.8%. The print is running well above the 12-month average of -5.2%.
Latest Release
-4.2
Actual
-1.4
Consensus
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Moves with | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Moves with | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Moves with | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Priv. New Capital Exp. QoQ (Australia) was reported at -4.2% in May 2014. This missed the market consensus of -1.4% by 2.8%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CFTC AUD speculative net positions (Sep 11) and S&P Global Manufacturing PMI (Sep 22).
Auto-generated from current model state · Refreshes on each release · Last update May 2014.
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Priv. New Capital Exp. QoQ - AU
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About Priv. New Capital Exp. QoQ — Australia
DEFINITION
Priv. New Capital Exp. QoQ is a financial indicator that measures the change in private sector investment in new capital expenditures on a quarterly basis. This indicator provides valuable insights into the level of confidence and growth expectations of businesses, as well as their willingness to invest in new projects and expand their operations. It is a key metric for assessing the overall health and potential of the economy, as increased private sector investment can lead to job creation, innovation, and economic growth.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2014): actual -4.2 %, consensus -1.4 %. Prior reading (Feb 2014): -5.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.
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Economic Calendar - AU Events
| Friday, September 11, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:00 | AU | Consumer Inflation Expectation | 4.9 | 5.1 | 4.60 | Low | |