- Trade balance $+119.09 bln (Reuters poll +$119.05Bn, prior +112.5bn)
- Dollar-denominated exports +25% y/y (Reuters poll +25.0% y/y, prior +23.9%)
- Dollar-denominated imports +28.2% y/y (Reuters poll +30.0% y/y, prior +27.5%)
Background:
- Preview: China trade data due today, a beat could firm up AUD as a demand proxy trade
I'll have more to come on this separately, detail etc.
This article was written by Eamonn Sheridan at investinglive.com.