Australia Retail Sales s.a. (MoM) 1.2% in January

Australian retail sales s.a.(MoM) for January came at +1.2% vs +0.5% expected and +0.5% prior. Meanwhile, the Australian trade balance for January saw a 1,433M vs 270M expected and 468M last. Exports stood at +4% vs +4% last, and imports came at +1% vs 2%. The data is a very positive input for the Aussie.