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Australian data, Q2 Current Account +7.7bn AUD (vs. expected +8.1bn AUD)

Q2 Current Account +7.7bn AUD expected +8.1bn AUD, prior +12.3bn AUDAustralia's net exports will add 0.8% to Q2 GDP (this data point is due Wednesday at 11.30 am Sydney time)expected +0.3%---Background info on the "current account"refers to a component of a country's balance of payments that measures the flow of goods, services, investment income, and unilateral transfers (such as remittances and foreign aid) between the country and the rest of the world. The current account is divided into seve... Read More

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Content Topics

Australian

Data

Current

Account

7bn

Vs

Expected

1bn

7 7bn

8 1bn

Forex

Posted: Sep 5 2023, 01:30

Author Name: forexlive

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