Australian April 2026 trade data, gives a trade balance of 1.791bn AUD surplus
I'll have more to come on this separately. In brief exports or iron ore, coal and LPG strong.
Imports of capital goods fell away while those fuel surged.
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RBA governor faces Senate grilling as CBA sees rates on hold after three straight hikes
Australian April Exports leap higher at +7.2% m/m (vs. -2.7% prior) And imports slump to +0.8% m/m (vs. +14.1% prior)
ANZ's world commodity price index rose 0.7% in May, led by aluminium prices up 49.1% y/y after Persian Gulf production fell 35% due to Middle East conflict damage.
PBOC sets USD/ CNY reference rate for today at 6.8203 (vs. estimate at 6.7770) PBOC CNY reference rate setting for the trading session ahead.
The Bitcoin puke continues. Back near $62K When Mr. Never Sell Saylor sold it crystalized the latest unease
PBOC is expected to set the USD/CNY reference rate at 6.7770 – Reuters estimate
Trump told aides he would end Iran ceasefire if Tehran kills US troops, WSJ cite officials Trump said in a New York Post interview the blockade lasting until Labor Day is unlikely but possible,
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