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3 Apr 2013
Forex Flash: Australian trade deficit narrows unexpectedly - Societe Generale
FXstreet.com (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that Australia's trade deficit narrowed unexpectedly in February on surprisingly strong exports.
He writes, “We expect more positive data from Australia on Thursday, with building approvals as well as retail sales likely to post solid gains. As for the much anticipated BoJ meeting, we expect the new policy board to break with tradition and embark on a truly “bold” monetary policy.”
He writes, “We expect more positive data from Australia on Thursday, with building approvals as well as retail sales likely to post solid gains. As for the much anticipated BoJ meeting, we expect the new policy board to break with tradition and embark on a truly “bold” monetary policy.”