Weak China trade data hammers Aussie, weighs on Europe shares

A shock fall in Chinese exports hammered the Australian dollar on Monday, though expectations of fresh economic stimulus from Beijing helped Asian stocks higher Chinese shares, which have been rallying on expectations of further steps to boost the economy, hit seven-year highs on Monday even after data showed exports fell 15 percent in March while imports contracted at their fastest rate since May 2009.  






Read More: http://www.reuters.com/article/2015/04/13/us-markets-global-idUSKBN0N401D20150413