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Markets trade mixed; UST FUTs dipped amid stimulus headline

- (CN) CHINA DEC TRADE BALANCE: $78.2B V $72.0BE (record high); Trade Balance with the US: $29.9B v $37.4B m/m ; 2020 Trade balance with US $316.9B v $295.8B y/y - (CN) CHINA DEC TRADE BALANCE (CNY-DENOMINATED): 516.8B V 457.8BE; Steel product exports 53.7Mt (record high); Crude oil imports 542.4Mt (record high) - (CN) China Customers Spokesperson: Steady recovery in Domestic economy provides foundation for trade growth, trade expected to continue to grow in 2021 - (CN) President Trump issues order amending previous order on investments in China military companies - (CN) China PBOC Open Market Operation (OMO): Injects CNY2B in 7-day reverse repos v CNY2B in 7-day reverse repos prior; Net drain CNY8B v Net drain CNY8B prior

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