Challenges
Trade Balance (MoM)
Most recent - Thursday 7 December 2023 00:30
Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
Next event - Thursday 11 January 2024 00:30
The typical/expected impact on AUD pairs is high.
There is no forecast value for Trade Balance (MoM) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Trade Balance (MoM) was 7129M against a forecast of 7500M.
Past events
Economic context
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Trade Balance (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Building Permits (MoM) | Bullish change | -4% | 7.5% | ||
| Exports (MoM) | Bullish change | -1% | 0.4% | ||
| Imports (MoM) | Bearish change | 8% | -1.9% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.4% | 0.2% | ||
| Gross Domestic Product (YoY) | Bullish change | 2% | 2.1% | ||
| AiG Industry Index | Bearish change | -9.9 | -22.4 | ||
| RBA Interest Rate Decision | (no change) | 4.35% | 4.35% | ||
| Judo Bank Composite PMI | Bearish change | 46.4 | 46.2 | ||
| Judo Bank Services PMI | Bearish change | 46.3 | 46 | ||
| Private Capital Expenditure | Bearish change | 3.4% | 0.6% | ||
| Retail Sales s.a. (MoM) | Bearish change | 0.9% | -0.2% |
About Trade Balance (MoM)
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Capital Flows |
| Frequency: | Monthly |
Related events
| Australia | Exports (MoM) | ||
| Australia | Imports (MoM) | ||
| Canada | Current Account | ||
| Canada | International Merchandise Trade | ||
| China | Imports (YoY) | ||
| China | Exports (YoY) | ||
| China | Trade Balance USD | ||
| China | FDI - Foreign Direct Investment (YTD) (YoY) | ||
| Germany | Trade Balance s.a. | ||
| Japan | Merchandise Trade Balance Total | ||
| Japan | Exports (YoY) | ||
| Japan | Imports (YoY) | ||
| Japan | Current Account n.s.a. | ||
| New Zealand | Exports | ||
| New Zealand | Trade Balance NZD (YoY) | ||
| New Zealand | Imports | ||
| United States | Goods and Services Trade Balance |