Upbeat Aus retail sales, surprising trade surplus in Dec

FXStreet (Bali) - Australian retail sales s.a. (MoM) for December came at +0.5% vs + 0.4% expected and 0.7% last, while the the trade balance (Dec) stood at +436% vs -300M expected and -118M last, with exports (Dec) at +4% vs 0% last, and imports came at +2% vs -1% last. The data is positive for the AUD.

Australia: Retail Sales s.a. (MoM) (December): 0.5% vs 0.7%

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Australian business confidence for Q4 at 2½ year high

Business confidence for Q4 2013 in Australia came surprisingly high at +8 vs an upward revision of +5 in the prior quarter. The data represents a 2½ year high.
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