Data from Australia due at 0130GMT (terms of trade) - what to expect

The data is unlikely to be too much of an immediate forex mover, but a preview of export and import prices for Q2 2018

Via Westpac, in brief:

• We expect the export price index to decline by 0.8% in Q2 despite the lower dollar boosting export earnings
• The terms of trade for goods, on these estimates, retreated by a little in excess of 3% in the June quarter