Australian trade balance data beats estimates, coming in at a surplus of 825m AUD

  • expected +725m AUD
  • prior +952m AUD, revised from +1055m AUD

Both export and imports of goods & services for the month are showing 0% change (m/m).

LNG (gas) exports a big contributor, and as new projects completed come on line (this will be very soon) this contricution is set to increase markedly.

A decent result, AUD showing little response, but off its session lows.

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For background on this, check out the previews posted earlier:

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And for AUD levels, this posted earlier also: