Australia posts first trade surplus in years

|About: Invesco CurrencyShares Aus... (FXA)|By:, 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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