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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. 

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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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