• prior was 1200m
  • Exports in March -2% m/m (sa)
  • Imports in March flat at 0% m/m (sa)
  • fourth straight monthly surplus
  • Moody’s Analytics said export volumes are rising “thanks to earlier mining investment aimed at increasing capacity”

And, don’t forget: RBA meeting announcement later today

AUD/USD down a few points, not too much change ahead of the RBA announcement (see link for preview)