Forex news for Asia trading Wednesday 13 April 2016
China trade balance for March
China’s March trade balance data (the improvement in exports) aided risk sentiment here in Asia today. The exports bounce came from a very low base (), so I am wary of getting too excited about it, but markets have so far told me to go jump in a lake, with regional equities and ‘risk’ generally adding gains – AUD, NZD higher for example, and the yen weaker on the session.(USD/JPY higher at least).
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