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Australia – July trade balance: -765m (vs. expected +100m)
Australia – July trade balance: -765m (vs. expected +100m)
Eamonn Sheridan
Thursday, 05/09/2013 | 01:30 GMT-0
05/09/2013 | 01:30 GMT-0
- Prior of +243m (revised down from +602m)
- Exports no change m/m (sa)
- Imports +4% m/m (sa)
–
- A trade deficit instead of a surplus, and the previous surplus revised lower.
- This is a negative input for the AUD.
- Still plenty of AUD being bought today, though
- Below 0.9150 there are some stops (orderboard here)
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