First quarter private capital expenditure (capex) figures have now been released by the ABS and the +0.3% quarter-on-quarter figure was in line with market expectations. Year on year, capex was 9.3% lower, as mining investment falls back to more normal levels after the mining investment spike of 2011/2012. The Aussie dropped by about 0.25 US cents immediately after the figures were released and then finished another 0.25 cents lower at...