AUD/NZD gains for the fourth consecutive session

The AUD/NZD pair advanced today for the fourth consecutive session, after the upbeat China trade data helped the Aussie outperform the Kiwi.
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Market Movers: Chinese exports startle, RUB declines against the USD

The Asian session saw release of China and Japan’s trade balance data, with Chinese exports coming out way better anticipated at 9.9% (consensus: 6.8%, previous 4.7%). Japan trade balance data number registered a smaller deficit at JPY637B (consensus: JPY 734B). The falling oil led Nikkei to see a negative open, closing 0.64% lower at 17.087.71, while Chinese Equities rallied after the trade data, sending The Shanghai Composite Index higher by 0.19%.
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