Australia's trade surplus rebounds in May

The trade surplus of Australia regained momentum in May as the shipments of coal rebounded faster than estimations adding to the nation's economic growth for the recent quarter.

Australia's surplus to A$2.47 billion

The Australian surplus rose to A$2.47 billion, twice as the predictions for A$1.1 billion and higher than April's figure of A$90 million.

Coal exports escalated to A$5 billion jumping 62%, the total exports appreciated 8.5%, hard coal climbed 180% and the semi-soft coal rose 58%.

Crude futures at $45.13

Crude futures for delivery in August on the New York Mercantile Exchange traded at $45.13 a barrel declining 4.1% while Brent on London's Intercontinental Exchange settled at $47.84 a barrel falling 3.57%.

Germany's concerns intensify over Trump's trade war with Europe

Germany's concerns intensified on Donald Trump's, U.S. President, trade war against Europe, Sigmar Gabriel, German Foreign Minister, said ahead of the G20 summit in Hamburg.

U.S. dollar stable after the FED's minutes' release

Following the FED's policy meeting minutes outcome, the U.S. dollar stabilized against its major counterparts on Thursday. The U.S. dollar index traded at 96.27 flat versus key currencies.

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