China trade balance for September: $ 31.00bn (vs. expected $41.10bn)

The rest of the data is coming ASAP:

China trade balance for September, $31.00bn

• expected $41.10bn
• prior was $49.84bn

Exports: +15.3% y/y (not +7%)

• expected +12.0% and prior was +9.4%

Imports: +7.0% y/y

• expected -2.0%, prior was -2.4%

–

Solid growth in exports (+15.3% y/y, not +7 as originally crossed)

Very good growth in imports, well above expectations. A sign of better Chinese domestic demand.

This will be a positive input for the AUD, though there is little immediate response.