Economists at ANZ review the data published in the oceanic country related to trade, which showed a number slightly below market forecasts. Key quotes “Australia’s trade surplus fell slightly to AUD5.2bn in December, below market expectations. The decline was driven by a larger rise in imports compared to exports. Imports rose 2.4% m/m, while exports were up 1.4% m/m.” “This month saw a fall after the November result was downwardly revised.” “The RBA’s commodity price index was down 1.1% in December, which suggests that the rise in resource exports was likely due to a rise in volume. Manufacturing exports continued to decline, by 3.3% m/m. Service exports had the first material decline in some time, falling 1.1% m/m.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Australia: Weak but comfy December in retail – ANZ FX Street 2 years Economists at ANZ review the data published in the oceanic country related to trade, which showed a number slightly below market forecasts. Key quotes “Australia’s trade surplus fell slightly to AUD5.2bn in December, below market expectations. The decline was driven by a larger rise in imports compared to exports. Imports rose 2.4% m/m, while exports were up 1.4% m/m.” “This month saw a fall after the November result was downwardly revised.” “The RBA’s commodity price index was down 1.1% in December, which suggests that the rise in resource exports was likely due to a rise in volume. Manufacturing exports continued… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
