China January Imports (YoY) 10%

The Chinese trade balance (Jan) came at $31.86B vs $23.65B expected and $25.60B in Dec. Contributing on the final balance result were an increase of 10.6% in exports (YoY)(Jan) vs 2.0% expected and 4.3% last, with imports (YoY) (Jan)at 10% vs 3.0% expected and 8.3% last. The release is a positive input for the Aussie.