The Traderszone Network

Published in TZ Latest News 1 August, 2016 by The TZ Newswire Staff

Australia: Trade balance for June: -3.195 bn (expected -2bn, prior -2.218bn)

The Australian trade deficit for June, much bigger than expected at -3195mln
– expected -2bn
– prior -2. 418bn, prevised from  -2.218bn
– Exports falling 1% m/m
Yep, stick those two together and it’s a recipe for a wider deficit