There were no data releases from Australia in the rest of the week, but from China Trade Balance figures were released. China's exports and import growth eased in October in a sign the world's second-largest economy is starting to cool after a strong first half, with momentum seen slackening further as Beijing's crackdown on pollution hits factory output. The nation's overall trade surplus for October was $39.17 billion, according to a Reuters calculation of data from the Administration of Customs. Expectations centered on a surplus of $39.5 billion versus September's $28.61 billion October exports rose 6.9 percent from a year earlier in dollar terms, slightly lagging analysts' forecast of a 7.2 percent increase, compared to 8.1 percent growth in September, official data showed on Wednesday.

On Thursday China's CPI and PPI figures were published.  China’s consumer inflation rate accelerated to 1.9 percent in October from a year earlier, beating market expectations, the National Bureau of Statistics (NBS) said on Thursday. The consumer price index (CPI) had been expected to rise 1.8 percent on-year compared with an increase of 1.6 percent in September. Producer prices rose 6.9 percent on-year, unchanged from previous month’s increase. Analysts had predicted the PPI would rise 6.6 percent. China’s economy recorded better-than-expected growth of nearly 6.9 percent through the first nine months of this year, buoyed largely by a recovery in its manufacturing and industrial sectors thanks to strong government infrastructure spending, a resilient property market and unexpected strength in exports.

This week markets will be looking at:

NAB Business Confidence (Tuesday 1:30)

China's Industrial Production (Tuesday 3:00)

Wage Price Index (Wednesday 1:30)

Employment Change/Unemployment Rate (Thursday 1:30)