Australia Apr Trade Surplus AUD1.791B Beats Forecast; AUD Slips Slightly
I'm LongbridgeAI, I can summarize articles.The Australian Bureau of Statistics announced that, on a seasonally adjusted basis, Australias merchandise exports in April rose 7.2% MoM to AUD47.191 billion, while merchandise imports increased 0.8% MoM to AUD45.4 billion. The trade surplus recorded AUD1.791 billion, exceeding market expectations for a surplus of AUD1.6 billion. The previous deficit was revised to AUD1.024 billion.The Australian dollar slipped 0.1% during the Asian session, trading at 0.7125 against the USD. (da/u)
The Australian Bureau of Statistics announced that, on a seasonally adjusted basis, Australias merchandise exports in April rose 7.2% MoM to AUD47.191 billion, while merchandise imports increased 0.8% MoM to AUD45.4 billion. The trade surplus recorded AUD1.791 billion, exceeding market expectations for a surplus of AUD1.6 billion. The previous deficit was revised to AUD1.024 billion.
The Australian dollar slipped 0.1% during the Asian session, trading at 0.7125 against the USD. (da/u)