Australian January trade data: Exports +1% m/m (prior-1%) & Imports +5% m/m (prior +1%) | Forexlive

Australian trade balance data for January 2023, a surplus of AUD 11,688mn

A huge jump in imports. Consumer sentiment might be in the doldrums but there is plenty of spending going on.

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The focus in Australia today is on the Reserve Bank of Australia meeting.

due at 7.30pm US Eastern time. A 25bp rate hike is widely expected: