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China’s Oct trade data (CNY): Surplus – a big miss on expectations, Aussie sticks to lows

China’s Trade Balance for October, in Yuan terms, came in at CNY +3.01 billion versus CNY 220.20 billion expected and CNY 3.01 billion last.

Exports came in at +2.1% vs. +5.1% expected and -0.7% last, while imports arrived at -3.5% vs. -1.1% expected and -6.2% last.

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