Australia trade balance for May: AUD +8.025 bn (expected AUD +9bn)

AUD 8.025bn surplus
– expected AUD 9bn surplus
– prior AUD surplus revised to 7.83bn
– exports expected -7% m/m, prior -11%
– imports expected -9% m/m, prior -10%
AUD is trading a little higher ion the session, barely perturbed by this data release. EUR, GBP, NZD all higher also. 

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