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

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 +2% vs 0% last, and imports came at +4% vs -1% last. The data is positive for the AUD.