
The Australian dollar and the nation's mining companies were boosted on Monday following stronger-than-expected Chinese trade data.
China exports in September rose 15.3 percent from a year ago, and China's imports rose 7 percent, after being tipped to only rise 2 percent.
China's demand for iron ore in September was up 13.1 percent from August, while coal imports were up 12.2 per cent.
The Australian dollar rose from a low of 86.5 U.S. cents to a peak of 87.5 U.S. cents, before easing back to 87.32 U.S. cents.
Iron ore miner Fortescue Metals rose nearly 6 percent, Rio Tinto was up 1.9 percent, and BHP Billiton was 0.9 percent by 1:37 p.m. (AEDT).
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor