- prior was $7.71bn (revised from 7.7)
–
Exports: +0.9%
- expected -3.0%, prior was -6.6%
Imports: +0.8 %
- expected -2.1%, prior was -11.3%
Here is the data from China … finally …
AUD/USD higher on both exports and imports above expectations
The strength in the data further nails shut the lid on the coffin of more large scale stimulus hopes … I would think.