The Australian Retail Sales & Trade Balance figures for January - TopicsExpress

The Australian Retail Sales & Trade Balance figures for January have just been released. Both exceeded forecast levels. The Australian Retail Sales figures came in higher than expected: Retail Sales (Jan) +1.2% (Consensus +0.5%) The Trade Balance came in better than expected: Trade Balance (Jan) $1.43 bio surplus (Consensus $100mio surplus) Exports +4.0% on month Imports +1.0% on month The AUD is higher in immediate response, and has nudged above 0.9400.

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