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Australia’s Trade Surplus decreases to 2,968M MoM in February vs. 5,600M expected

Australia’s trade surplus decreased to 2,968M MoM in February versus 5,600M expected and 5,156M (revised from 5,620M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.

Further details reveal that Australia's Exports fell by 3.6% MoM in February from 0.8% (revised from 1.3%) seen a month earlier. Meanwhile, Imports rose by 1.6% MoM in February, compared to a fall of 4.0% (revised from -0.3%) seen in January.

Australia Trade Balance (MoM) below forecasts (5600M) in February: Actual (2968M)

Australia Trade Balance (MoM) below forecasts (5600M) in February: Actual (2968M)
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PBOC sets USD/CNY reference rate at 7.1889 vs. 7.1793 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1889 as compared to the previous day's fix of 7.1793 and 7.2532 Reuters estimate.
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