Australia Net exports as a % of GDP: -1.9% (vs. expected -1.7%)

Australian data.

BoP current account balance for Q3,AUD10bn

• expected AUD 7.1bn, prior AUD 17.7bn

Net exports as a % of GDP -1.9%

• expected -1.7%, prior 1.0%

The export number is an input to the GDP data due this week.

Also, the Australian Bureau of Statistics report that government spending will add 0.3 percentage points to Q3 GDP. Govt capex will be a zero for GDP.