China Trade Balance came in at $58.24B, above expectations ($53B) in December

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Jan 13, 2016

China Exports (YoY) came in at 2.3%, above forecasts (-8%) in December

AUD/USD jumps to tests 0.7050 as China trade positively surprises

The AUD/USD pair saw a 30-pips knee-jerk rally towards 0.7050 levels, extending its recovery on 0.70 handle, after the Chinese trade data brought fresh signs of life into markets.