Good evening, my esteemed friends.
I am very disappointed in you, my esteemed friends, you are supposed to be the keepers of all things economic, and yet you let today's Balance of Trade numbers pass without comment.
I'll forgive you just this once, but don't do it again.
Anyway, mighty Australia delivered another solid monthly Trade Surplus of A$9.64B in August.
Exports up, Imports down.
Note: 5 minute refresher tutorial for Benny:
Terms of Trade = Prices
Balance of Trade = Volume * Prices = Value of Trade
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Good evening, my esteemed friends.I am very disappointed in you,...
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