Australia's trade minister Don Farrell spoke with local media earlier saying he is confident China will lift all trade blocks next month.

  • "I remain very confident ... that by Christmas all of these trade impediments will be removed,"
  • "And we will have restored that stable relationship that we want with our largest trading partner."

The comments come after Prime Minister Anthony Albanese's visit to Beijing earlier in November.

AUD update, it surged overnight after the US inflation data:

aud us cpi 15 November 2023