Australian Trade Balance (MoM) (Dec)
5,085mn
- expected 7,000mn, prior 6,792mn
Imports (MoM) (Dec) +5.9%
- prior +1.4%
- surge in imports of capital equipment, oil products and consumption goods
Exports (MoM) (Dec) +1.1%
- prior +4.2%
- gains in iron ore exports
***
AUD down a few tics only:
AUD is being around on global developments more than on local data at present.
This article was written by Eamonn Sheridan at www.forexlive.com.
