Australian December trade surplus comes in at AUD5085mn, below estimate of AUD7000mn

Australian Trade Balance (MoM) (Dec)
5,085mn

• expected 7,000mn, prior 6,792mn

Imports (MoM) (Dec) +5.9%

• prior +1.4%

Exports (MoM) (Dec) +1.1%

• prior +4.2%

***

AUD down a few tics only:

AUD is being around on global developments more than on local data at present.

This article was written by Eamonn Sheridan at www.forexlive.com.