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China’s March trade data (USD): shows a solid rebound in exports

The China customs published trade balance for March in USD terms, reporting a bigger-than-expected rebound in exports.  

In USD terms,

Trade Balance (USD) Mar came in at B versus 4.08B previous.

Exports (YoY) Mar: +14.2% vs. -20.8% last.

 Imports (YoY) Mar: -7.6% vs. -5.2% last.

China Imports (YoY) below forecasts (-1.3%) in March: Actual (-7.6%)

China Imports (YoY) below forecasts (-1.3%) in March: Actual (-7.6%)
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AUD/USD holds stable near 0.7130 area, moves little after Chinese trade balance data

• Some renewed USD selling bias helped regain some positive traction on Friday. • An unexpected jump in China’s trade surplus remained supportive of
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