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Fragile China, weak Aussie but Asian stocks accelerate

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Saxo Bank's Christoffer Moltke-Leth updates us on the Asian markets after weaker Chinese growth data. Beijing has reported that growth for the first three months of this year was around 7%.

The gloomy news from China puts extra pressure on AUD along with Iron Ore prices collapsing and an expectation of two rate cuts from the RBA. The next meet scheduled for the RBA policy committee is May the 5th 

Christoffer talks us through his thoughts on AUD, China's growth and what the dramatic surge in Chinese stocks means for international investors.