Head of Inv Strategy & Chief Economist, AMP. Into boats, pop music, economics, investing, my family..& being nice. I don’t solicit funds/spruik trading schemes
Australia’s goods trade surplus in July fell back $1.9bn (from $2.3bn which was revised up from $1.9bn).
Exports -3.3%mom with volatile non-monetary gold exports -24%, iron ore -15%, LNG +26%
Imports -2.5% but with capital goods imports up with a rebound in data centre imports