China Imports (YoY) increase to 7.6% in October from 7.4%

AUD/USD is recovering ground after China's trade balance for Oct came at $31.10bn vs. $24.80bn exp and $15.21bn prior, exports up 5.6% vs 3.2% exp and -0.3% last, imports up 7.6% vs 8.5% exp and 7.4% last.