-
Australian Trade Surplus Narrows Unexpectedly in Janaury
Australia’s trade surplus narrowed unexpectedly January, as imports rose and exports declined. After seasonal adjustments, Canberra’s trade surplus stood at A$1.3 billion in January, down from a revised $3.3 billion the prior month, the national statistics bureau reported Thursday. Economists in a median estimate forecast the surplus to expand to $2.2 billion. Economists in a median estimate called for a surplus of $3.82 billion.Exports declined at a seasonally adjusted 3% in January, after rising 5% the previous month. On the other side of the ledger, imports rose 4%, following a slight increase in December. ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 2, 2017 6:42am Mar 2, 2017 6:42am
- DrManhatten
- Joined Feb 2017 | Status: Member | 298 Comments
- Comment #2
- Quote
- Mar 2, 2017 7:33am Mar 2, 2017 7:33am
- Hollyforex
- | Joined Oct 2015 | Status: Member | 24 Comments
don't get in love with pairs ... up or down is the same pip value