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China’s Trade Balance (CNY): Returns to surplus in March, imports pop while exports drop

China’s Trade Balance for March, in Yuan terms, came in at CNY 130 billion versus CNY 42.59 billion last.

Exports came in at -3.5% vs. -15.9 last, while imports arrived at +2.4% vs. -2.4% last.

more to come …

AUD/USD reaction

The mixed Chinese trade data served failed to deter the AUD bulls, as the AUD/USD pair remains in highs near 0.6430.

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