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New Zealand trade surplus beats expectations

FXstreet.com (Barcelona) - The New Zealand trade balance data in March (MoM) came at 718M vs $373M expected and $414M prior. On a yearly, the trade balance stood at $-0.52B vs $-0.97B expected and $-1.08B prior. Exports were $4.42B vs $4.13B expected and $3.91B prior, while imports came at $3.70B vs $3.83B expected and $3.49B prior.

Commodities Brief: Counter trend rally in precious metals or new trend being established?

The commodities sector had another strong day with gold, silver, and oil all finishing the day sharply higher. Even more impressive was the fact commodities did so on a day when the US Dollar Index finished well of the lows. When all was said and done, gold finished up 2.58% at 1467.50, silver finished up 5.36% at 24.35, and oil finished up 1.79% at 93.22.
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