Australia September trade balance +A$7180 vs +A$5050m expected

Author: Adam Button | Category: News

September trade balance data from Australia:

  • Prior was a surplus of A$5926m (revised to $6617m)
  • Imports +3.0% vs 0.0% prior
  • Exports +3.0% vs -3.0% prior
A rise in the trade surplus on better imports and exports is the best possible outcome. There was a modest pop in the Australian dollar on the headlines.

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