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Australian Trade Balance and Building Approvals for February


7 April 2008

The February's Australian Trade Balance and Building Approvals data have been released.

The Trade Balance came in worse than expected at AUD $3.289 mil deficit (consensus $2.5 bil deficit). The Building Approvals came in higher than expected at +0.1% compared to the consensus 0.0%.

ANZ job ads were also just released - they fell 0.7% in March compared with February.

The AUD is lower in immediate response.


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