DAILY DOSE: December 27, 2020

Posted on 12/27/2020


1. U.S. mortgages rates slipped to a record low for the 16th time this year. According to Freddie Mac, the average for a 30-year fixed loan fell to 2.66%, down from 2.67% last week.

2. Baden-Württemberg is a state in southwest Germany bordering France and Switzerland. The state has 1 case of the coronavirus variant B.1.1.7 that was found in the U.K. The variant strain was also found in two people in Norway who came from the U.K.

3. China launches an antitrust probe into Alibaba.

4. Japan will ban entry to most non-Japanese nationals through the end of January 2021 due to the coronavirus spreads.

5. New York State Police are investigating whether ParCare Community Health Network may have fraudulently obtained Covid-19 vaccines and diverted them to members of the public in violation of priority guidelines.

6. Cryptocurrency market-maker B2C2 halted the trading of XRP with U.S.-based counterparties. This is due to the SEC lawsuit against Ripple Labs. Beaxy, Bitstamp, OSL, and CrossTower have said they were halting XRP trading, as well as market-makers Galaxy Digital and Jump Trading, which both stopped XRP market-making.

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