The data on the Australian trade balance is due at 02:30 (GMT+2). The index is expected to rise to USD 3,200 billion in October from USD 3,017 billion a month earlier. Trading balance shows the difference between export and import of goods and services in monetary terms. A positive result indicates a surplus of the trading balance and strengthens AUD. A negative value means a deficite of the trading balance and weakens AUD.
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