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via fxstreet.comEconomy

Australia's trade surplus rises sharply in September to A$2,826M

FROM THE WIRE · FXSTREET.COM

Australia's Trade Balance widened to A$2,826M MoM in September, followed a surplus of A$185M in the previous reading (revised from A$495M), according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishTrade surplus well above the prior reading, supportive for the Australian dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The trade balance widened to a surplus of A$2,826 million.
  2. 02The previous reading was a revised surplus of A$185 million.
  3. 03The data was published by the Australian Bureau of Statistics.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Australian Dollar/US Dollar FX Spot RateAUDUSDFX pair0.7016-0.02%today +0.12%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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