Australia Trade Balance came in at 1200M to beat forecasts (850M) in February

Australian retail sales s.a. (MoM) for the month of February came at +0.2% vs 0.3% expected and +1.2% last, while the trade balance for February stood at 1,200M vs 850M expected and 1,433M last. Exports were up 1%, while imports came at 0%.