Asia report: nervousness around China's trade balance

It was a fairly mixed day for equities and currencies across the Asia-Pacific region, where the main macroeconomic news came from China with its trade balance report. 

Chinese exports were better than expected and imports were slightly worse, but both continued to decline year-on-year. As a result, both the ASX and the Nikkei rallied briefly as Chinese exports data came in better than expected, but soon continued to selloff with the overall data release painting a fairly mixed picture. 

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