AUD/USD Shrugs Off China Trade Data, Sinks on Biden Stimulus News 2021-01-14 03:00:00 Thomas Westwater, Analyst China Trade Balance, Biden Fiscal Spending, AUD/USD, Gold – Talking Points China’s trade balance for December rises to $78.17b USD, beating expectations Markets discount trade data on increased fiscal spending prospects out of US Treasury yields rise on increased stimulus expectations, AUD/USD and gold drop 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, risin...