Challenges
Trade Balance (MoM)
Next event - Thursday 8 June 2023 01:30
The typical/expected impact on AUD pairs is high.
The consensus forecast for Trade Balance (MoM) is 14000M. A higher value than forecast tends to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
Most recent - Thursday 4 May 2023 01:30
Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
Trading range
Forecast history
The most recent announced value for Trade Balance (MoM) was 15269M against a forecast of 12650M.
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 | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | Bearish change | 0.6% | 0.2% | ||
| Gross Domestic Product (YoY) | Bearish change | 2.6% | 2.3% | ||
| AiG Industry Index | Bullish change | -20.1 | -10.9 | ||
| RBA Interest Rate Decision | Bullish change | 3.85% | 4.1% | ||
| S&P Global Services PMI | Bullish change | 51.8 | 52.1 | ||
| Building Permits (MoM) | Bearish change | -1% | -8.1% | ||
| Retail Sales s.a. (MoM) | Bearish change | 0.4% | 0% |
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 |