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Australia posts first trade surplus in years

Jan. 06, 2017 5:03 AM ETBy: Yoel Minkoff, SA News Editor
  • Soaring commodity prices helped Australia record its first trade surplus in almost three years, soaring to $1.2B in November following a surge in export earnings.
  • The figure suggests the the country might avoid a technical recession - a serious concern after last quarter's shock contraction in economic activity.
  • ETFs: FXA, EWA, IAF, AUSE, CROC, KROO, EWAS, FAUS, QAUS, HAUD, DBAU

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