Andrew Hanlan, analyst at Westpac, notes that the Australian trade surplus remained elevated at $4.9bn in March, only down a little from a record high of $5.1bn for February (revised up from $4.9bn). Key Quotes “The March outcome exceeded expectations (market median $4.5bn and Westpac $4.2bn).” “Imports were the main surprise, falling by a further 1.5%, rather than rebounding by 1.0% as we anticipated.” “Exports fell but by somewhat more than anticipated, down by 1.8% v’s a forecast -0.6%.” “For the March quarter, the ABS advise that the trade surplus widened to $14.2bn from $8.6bn in Q4, an improvement of $5.6bn.” 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 Chinese Vice-Premier Liu He will visit US from May 9th to May 10th for trade talks FX Street 3 years Andrew Hanlan, analyst at Westpac, notes that the Australian trade surplus remained elevated at $4.9bn in March, only down a little from a record high of $5.1bn for February (revised up from $4.9bn). Key Quotes "The March outcome exceeded expectations (market median $4.5bn and Westpac $4.2bn)." "Imports were the main surprise, falling by a further 1.5%, rather than rebounding by 1.0% as we anticipated." "Exports fell but by somewhat more than anticipated, down by 1.8% v's a forecast -0.6%." "For the March quarter, the ABS advise that the trade surplus widened to $14.2bn from $8.6bn in Q4, an improvement of… 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.
