5 Dec 2013
Flash: Expect Australian exports to rise - Westpac
FXstreet.com (Bali) - Australia’s busy data calendar this week ends with Oct trade in just under 1 hour at 00.30GMT, with Sean Callow, FX Strategist at Westpac, expecting solid exports.
Key Quotes
"We look for a modest narrowing in the deficit, from –A$284mn in Sep to -$150mn. Goods imports were already reported to be up 1% m/m but we expect exports to rise on solid volumes of iron ore and coal exports. The median forecast is -$350mn."
Key Quotes
"We look for a modest narrowing in the deficit, from –A$284mn in Sep to -$150mn. Goods imports were already reported to be up 1% m/m but we expect exports to rise on solid volumes of iron ore and coal exports. The median forecast is -$350mn."