USD terms China trade balance: surplus of USD 38.17bn in October ... miss
- expected $39.1bn, prior was $28.61bn
Exports 6.9 % y/y ... miss
- expected +7.1%, prior was +8.1%
Imports 17.2% y/y ... a rare beat for this month's data
- expected +17.0%, prior was +18.6%
CNY terms was out a little earlier, no this is not fresh news:
China trade balance for October in yuan terms: +254.47bn (expected 280.45bn CNY)
Misses all over the place on the trade data, weighing on the Australian dollar a little