I was going to write this post yesterday but Damien Boey has beaten me to it: The trade balance has come in surprisingly strong, delivering “nominal easing” to offshore-exposed companies and their relatives. The September trade balance surprised well and truly to the upside, rising to $7.2 billion from an upwardly-revised $6.6 billion. We were
The post The baffling strength of iron ore revenues appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]