FX & CFD trading involves significant risk
The Australian Bureau of Statistics released its trade data on Thursday. Australia's trade deficit narrowed to A$2.46 billion in July from A$3.05 billion in June, beating expectations for a rise to a deficit of A$3.1 billion. June's figure was revised up from a deficit of A$2.93 billion.
Exports rose by 0.2% in July, while imports were flat.