The Australian trade gap narrowed and also bettered expectations in Jan, as reported by the Australian Bureau of Statistics (ABS).
The trade deficit shrank to AUD 2.94b in Jan versus -3.22b expected, and against -3.52b seen in Dec. Exports rose AUD266m (1%) to AUD2.56b, while the imports fell AUD320m (1%) to AUD2.85b
(Market News Provided by FXstreet)