Risk appetite returned in Asian session as regional equities rallied. Yet FX markets coasted in constricted ranges. EURUSD rallied softly from 1.2762 to 1.2799 while USDJPY slid a merger 15 pips to 76.78. AUDUSD was able to climb to 1.0323 supported by the China’s decent trade balance coming in at $16.52bn vs. $8.8bn exp. In other Chinese data imports printed at 11.8% y/y vs. 18.0% exp,…