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Stocks in Asia are trading lower at the start of a new week. S&P/ASX 200 dropped 0.9%, Kospi moved 0.1% lower and indices from China declined. Nikkei was closed for holiday
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DAX futures points to a lower opening of the European session
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Joe Biden plans to present details of multi-trillion economic package on Thursday
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Bitcoin has moved almost 20% off the all-time highs over the weekend and trades near $34,000
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Total coronavirus cases count has crossed 90 million
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United States will remove self-imposed restrictions on relations with Taiwan. Move is likely to enrage China. US is also considering taking steps over the latest arrests in Hong Kong
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Second impeachment proceedings against Trump may be launch as soon as this week
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Reserve Bank of New Zealand has fallen a victim to a hackers' attack
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South Korean exports increased 5.8% YoY in the first 10 days of January
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Australian retail sales increased 7.1% MoM in November
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Chinese CPI inflation accelerated to 0.2% YoY in December (exp. 0.1% YoY)
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Declines can be spotted on the commodity markets amid broad risk-off moods. Oil, precious metals and agricultural commodities are trading lower
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USD and JPY are top moving major currencies while AUD and NZD can be found among top laggards
Total coronavirus case count has exceeded 90 million over the weekend. Source: worldometers, XTB