Read full post at forexlive.com
The prelim data is subject to revision.
On the big rise in exports – info via the Australian Bureau of Statistics :
Iron ore increase … both quantity, up 11% in December on November and strong prices, which has resulted in record values in December for iron ore and consequentially metalliferous ores.
Key country movements:
• China increased $2,312m (21%)
• Japan increased $864m (24%)
• United States of America increased $678m (58%)
• India increased $339m (35%)
• South Korea decreased $317m (-14%)