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  • SBA Re-Opening PPP to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19

    From home.treasury.gov

    The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET. The portal will fully open on Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications to SBA. Earlier in the week, SBA granted dedicated PPP access to Community Financial Institutions (CFIs) which include Community Development Financial Institutions (CDFIs), Minority Depository ... (full story)

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    Biden Aides Tell Congress Allies Aid Plan May Be About $2T - CNN

    From @LSTrade2|Jan 13, 2021|40 comments

    tweet at 9:15pm: Biden Aides Tell Congress Allies Aid Plan May Be About $2T - CNN tweet at 9:33pm: Breaking: Gold drops $20, T-yields spike as Biden set to announce $2 trillion stimulus By @FXstreetNews https://t.co/tzIo6iTQmg #Breaking #UnitedStates #Gold #YieldCurve tweet at 9:34pm: Market Snapshot: Assets reacting to reports that Joe Biden's aid plan could be USD 2 trillion (higher than 1.3T mentioned by Schumer earlier today) #USD up 10-year Treasury yield climbing #Gold sinking #SP500 little changed #stimulus https://t.co/uUvxudfI0M https://t.co/nJ3bCm3Zzv

    China 2020 Total Trade Up 1.9%: Exports +4% Y/Y: Imports -0.7% Y/Y In Yuan Terms: Trade Balance:...

    From @LiveSquawk|Jan 13, 2021

    tweet at 9:04pm: China 2020 Total Trade Value Up 1.9% -Exports +4% Y/Y In Yuan Terms -Imports -0.7% Y/Y In Yuan Terms -Trade Balance: 3.7Tln Yuan tweet at 9:23pm: China Customs Spokesman: China's Trade Is Expected To Keep Growth In 2021 Sees Uncertainties From Covid On Trade In 2021 tweet at 9:24pm: China’s Dec Trade data (USD): Beats estimates across all indicators https://t.co/qpW7WdQQRF #China #TradeBalance #AUDUSD #EconomicIndicatorChina trade: export surge continued in December, pushing surplus to record high China’s exports continued to surge in December, data released by its customs agency on Thursday showed. Exports grew by 18.1 per cent last month from a year earlier, down from 21.1 per cent in November but above the consensus result of a survey of analysts, conducted by Bloomberg, which predicted 15.0 per cent growth. This was the seventh consecutive month of export growth, with China’s factories continuing to capitalise on coronavirus lockdowns in the West. Imports grew by 6.5 per cent in December from a year earlier, up from 4.5 per cent the month before, and above the consensus forecast of 5.7 per cent. This was the fourth month of consecutive import growth. tweet at 9:28pm: AUD/USD retains bid tone after China reports above-forecast exports By @godbole17 https://t.co/MvXVcCitLd #AUDUSD #Majors #China #TradeBalance

    Globalization and the US Dollar

    From cmegroup.com|Jan 13, 2021

    Back in 2017 when the U.S. embarked on withdrawing from multi-lateral treaties and then imposing tariffs on many imported goods across a wide range of major trading partners ...

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    EUR/USD to peak relatively soon as Fed could turn “hawkish”

    From corporate.nordea.com|Jan 13, 2021|5 comments

    We see EURUSD peaking in the first half of 2021 as the USD yield curve is still alive. The Fed could be tempted to “taper” formally already this year and a hike in 2022 is clearly ...

    Japan's November machinery orders rise 1.5%, but outlook unclear

    From asia.nikkei.com|Jan 13, 2021

    Japan's core private-sector machinery orders rose 1.5 percent in November from the previous month for the second straight month of increase, government data showed Thursday, but ...

    AUD/USD Shrugs Off China Trade Data, Sinks on Biden Stimulus News

    From dailyfx.com|Jan 13, 2021|2 comments

    China’s trade balance for December crossed the wires at US$78.17, according to the DailyFX Economic Calendar. Both imports and exports beat analysts’ expectations, rising 6.5% and ...

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  • Posted: Jan 13, 2021 9:54pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 184
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    Biden Aides Tell Congress Allies Aid Plan May Be About $2T - CNN
    From @LSTrade2|Jan 13, 2021|40 comments
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