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6 Aug 2013
Australian exports down despite weaker Aussie; Job ads plummet
FXstreet.com (Barcelona) - The Australian Trade Balance for the month of June stood at $A 602 vs $A 800M expected and $A 670M last. Exports were -1% vs 4% last, while imports came at -2% vs 2% prior. On the ANZ job ads data, the newspaper ads plummeted by 6.8% vs -1.8% in July. Internet ads were also down 0.9%. House Price Index (QoQ) (Q2) were, however, much higher-than-expected, at +2.4% vs +1.0% exp and +0.8% last. The annual (YoY) in July reading showed +5.1% vs 3.0% exp and 2.6% last.