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Showing posts from November, 2018

G-20 Talks Plod Ahead as Optimism Gives Way to Laundry-List Deal

Raymond Colitt Mohammed Bin Salman, Saudi Arabia's crown prince, center, and Vladimir Putin, Russia's president, center right, attend the plenary at the G-20 Leaders' Summit in Buenos Aires on Nov. 30, 2018. Photographer: Erica Canepa/Bloomberg Photographer: Erica Canepa/Bloomberg At one point this week, several Group of 20 negotiators threw their hands in the air and started talking openly about having no communique to present to their leaders on Saturday to sign. The frustration reflects the tensions around trade policy in an era of resurgent protectionism -- already underway before Donald Trump became U.S. president but hastened by his elevation -- and the pressure on negotiators after the failure at recent gatherings to get, or sustain, a final a

CFTC Approves a Proposed Rule to Provide Exception to Annual Privacy Notice Requirement

November 30, 2018 Washington, DC — The Commodity Futures Trading Commission (CFTC) today approved a proposed rule to revise a CFTC regulation that requires certain futures commission merchants, retail foreign exchange dealers, commodity trading advisors, commodity pool operators, introducing brokers, major swap participants, and swap dealers to provide annual privacy notices to customers. Under the proposed rule these annual privacy notices would no longer be required where certain conditions are satisfied. CFTC staff worked with staff from the Bureau of Consumer Financial Protection (Bureau) to ensure that the proposal is consistent with rules recently fi

DHS asks Pentagon to extend the military’s Mexico border deployment through at least January

By Nick Miroff Defense Secretary Jim Mattis and Homeland Security Secretary Kirstjen Nielsen speak with troops deployed to the Mexico border in South Texas earlier this month. (Handout/Reuters) Nick Miroff Reporter covering immigration enforcement, drug trafficking and national security November 30 at 4:07 PM The Department of Homeland Security asked the Pentagon Friday for a 45-day extension of the U.S. military presence at the Mexico border, a request that would stretch the deployment until at least the end of January. The Defense Department is expected to agree to the extension in the coming days, well ahead of the expiration of the troops’ current border mission on Dec. 15. Pentagon officials have said that some of the 6,000 active duty military personnel currently stationed along the border in Texas, Arizona and California would be brought home and replaced by other units. The troops were sent to the border by Pr

EU FX I Currencies: Dollar firms as countdown to Trump-Xi meeting gets underway

Osman Orsal | Reuters The dollar strengthened on Friday, as markets nervously awaited the outcome of talks between the leaders of the world's two biggest economies this weekend which could determine whether trade tensions between them will escalate further. The discussions could also determine the direction of the U.S. currency, which has gained more than 5 percent against its rivals this year on concerns that rising trade tensions will hurt world economic growth and boost its safe-haven appeal. President Donald Trump and China's President Xi Jinping are expected to meet at a G20 summit in Buenos Aires which kicks off on Friday, discussing con

Wall Street at Close Report: Dow ends volatile November with more than 150-point rally on hopes of a US-China trade deal at G-20

Fred Imbert Stocks rose on Friday after

Bond Yields at Close Report:Treasury yields lower amid dovish Fed comments; G-20 summit in focus

Thomas Franck U.S. government debt yields fell on Friday as world leaders convened at a Group of 20 summit in Buenos Aires and investors adjusted portfolios after dovish comments fro

Oil Price at Close Report: US crude plunges 22% in November, settling at $50.93, for weakest month in over 10 years

Leonhard Foeger | Reuters The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, March 21, 2016. Oil prices fell f

Gold Price at Close Report: Gold dips as dollar firms; palladium breaches $1,200 per ounce mark

Chris Ratcliffe | Bloomberg | Getty Images Canadian maple leafs sit on the faces of one ounce gold coins in this arranged photograph at Gold Investments Ltd. bullion dealers in London, U.K., on Tuesday, July 15, 2014. Gold fell on Friday as the dollar strengthened ahead of the trade talks between the U.S. and Chinese leaders at the G20 summit, while palladium prices crossed the key $1,200 per ounce mark for the first time. U.S. President Donald Trump and his Chinese counterpart Xi Jinping will be meeting on Saturday on the sidelines of the G20 summit in Argentina to discuss the ongoing trade dispute between the world's two biggest economies. Spot gold fell 0.17 percent to $1,221.01 per ounce. U.S. gold futures slipped 0.31 percent lower to $1,226.70 an ounce.

Gerald Celente Video: Trump Bows to Saudis. "It's Oil, Stupid"

Trump administration approves seismic tests that could harm many thousands of Atlantic dolphins and whales

By Darryl Fears Federal officials are expected to grants permits that allow companies to possibly kill marine life as they search for oil and gas deposits. A North Atlantic right whale appears at the surface of Cape Cod bay off the coast of Plymouth, Mass., in March. (Michael Dwyer/AP) Darryl Fears Reporter focusing on the Chesapeake Bay and issues affecting wildlife November 30 at 11:55 AM The Trump administration is preparing to take an important step toward future oil and natural gas drilling off the Atlantic shore, approving five requests from companies to conduct deafening seismic tests that could kill tens of thousands of dolphins, whales and other marine animals. The planned Friday announcement by the National Marine Fisheries Service, a division of the Commerce Department, to issue “incidental take” permits allowing companies to harm wildlife is likely to further antagonize a dozen governors in states on