Australia’s Trade Deficit Widened in August

Australia’s trade deficit widened in August to 3.1 billion Australian dollars, data released by the country’s statistics bureau showed.

A Reuters poll had forecast a deficit of 2.4 billion Australian dollars, and the number came after a 2.8 billion Australian dollar deficit in July.

Total exports came in at 26.5 billion Australian dollars and total imports at 29.6 billion Australian dollars.


Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza