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Australia posts 8th trade surplus in a row (1 Viewer)

S.H.O.D.A.N.

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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.
 

jb_nc

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Two abos got on the bus today drinking hot chocolate and eating maltesers

just thought i post that, probably doubles the excitement of this thread :cool:
 

S.H.O.D.A.N.

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Two abos got on the bus today drinking hot chocolate and eating maltesers

just thought i post that, probably doubles the excitement of this thread :cool:
That seems rather upper-class for a set of Aborigines.
 

jb_nc

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yeah, you're right.

one was drunk though and the hot chocolate didnt have lids on it so it was spillin'
 

bell531

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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.
Still, it'll be a mistake to think that it's over.
 

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