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Australia Posts Larger Than Expected Trade Surplus

Discussion in 'Fundamental Analysis' started by ActionForex.com, May 5, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Australia has posted a higher than expected trade balance for the month of March. Analysts were expecting a 1.73B reading when in fact; the country had a surplus of 2.50B. This is mainly due to the fall in goods and services debits, mainly in other goods and capital goods. This...

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