Australia’s trade surplus widened to A$5.365 billion in June, more than double May’s A$2.238 billion and well above the A$3 billion economists had expected, according to data from the Australian Bureau of Statistics. The improvement was driven by a 6.0% rise in exports, helped by stronger shipments of non-monetary gold, coal and iron ore, while imports fell 3.1% as purchases of capital and consumer goods softened. Revisions trimmed earlier monthly surpluses, but the June figure lifted the quarterly average to about A$3.7 billion. Analysts said the stronger external position gives the economy some buffer against global trade volatility following the introduction of new U.S. tariffs in April, though the underlying trend still points to a narrower surplus than seen earlier in the year.
We love debt: June US consumer credit $7.37 billion v $7.00B est, Prior month $5.13B (revised from $5.10b) Total Outstanding $5,047.3B → $5,054.7B +$7.4B (+0.15%) Revolving Credit $1,298.1B → $1,297.0B −$1.1B (−0.08%) Nonrevolving Credit $3,749.2B → $3,757.6B +$8.4B (+0.22%) https://t.co/oHPmhlqy10 https://t.co/VlfPIvy8Kv
Consumer credit rises slightly less than expected in June https://t.co/K8SN0JgWzi
US Consumer Credit June 2025 Report. https://t.co/ffSLTGbV9a