Challenges
Trade Balance (MoM)
Most recent - Friday 5 April 2024 00:30
Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
Next event - Thursday 2 May 2024 01:30
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 7280M against a forecast of 10400M.
Past events
Economic context
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Trade Balance (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Producer Price Index (YoY) | Bullish change | 4.1% | 4.3% | ||
| Consumer Price Index (QoQ) | Bullish change | 0.6% | 1% | ||
| Consumer Price Index (YoY) | Bearish change | 4.1% | 3.6% | ||
| RBA Trimmed Mean CPI (QoQ) | Bullish change | 0.8% | 1% | ||
| RBA Trimmed Mean CPI (YoY) | Bearish change | 4.2% | 4% | ||
| Judo Bank Composite PMI | Bullish change | 53.3 | 53.6 | ||
| Judo Bank Manufacturing PMI | Bullish change | 47.3 | 49.9 | ||
| Judo Bank Services PMI | Bearish change | 54.4 | 54.2 | ||
| Employment Change s.a. | Bearish change | 117.6K | -6.6K | ||
| Full-Time Employment | Bearish change | 79.4K | 27.9K | ||
| National Australia Bank's Business Confidence (QoQ) | Bullish change | -6 | -2 | ||
| Participation Rate | Bearish change | 66.7% | 66.6% | ||
| Part-Time Employment | Bearish change | 38.2K | -34.5K | ||
| Unemployment Rate s.a. | Bearish change | 3.7% | 3.8% |
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 |