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There was another massive trade surplus in March, the 8th month in a row.
Australia March Trade Surplus Widens as Imports Fall (Update1) - Bloomberg.com
Also, retail sales rose 2.2% compared to economist forecasts of 0.5% and February's drop of 2%.
Australian Retail Sales, Farm Exports Surge, Stoking Recovery - Bloomberg.com
The Reserve Bank did not cut interest rates, leaving it at 3% on inflation fears, recovery prospects, and an overbought Aussie dollar. The dollar is at it's highest level in 7 months.
Australia’s Stevens Focuses on Inflation as Cuts End (Update1) - Bloomberg.com
The share market is at its highest level in 6 months.
Australia March Trade Surplus Widens as Imports Fall (Update1) - Bloomberg.com
Also, retail sales rose 2.2% compared to economist forecasts of 0.5% and February's drop of 2%.
Australian Retail Sales, Farm Exports Surge, Stoking Recovery - Bloomberg.com
The Reserve Bank did not cut interest rates, leaving it at 3% on inflation fears, recovery prospects, and an overbought Aussie dollar. The dollar is at it's highest level in 7 months.
Australia’s Stevens Focuses on Inflation as Cuts End (Update1) - Bloomberg.com
The share market is at its highest level in 6 months.