Ustr says Chinese Aluminum Subsidies have caused “serious Prejudice” Under Wto Rules by Artificially Expanding Chinese Production

USTR SAYS CHINESE ALUMINUM SUBSIDIES HAVE CAUSED “SERIOUS PREJUDICE” UNDER WTO RULES BY ARTIFICIALLY EXPANDING CHINESE PRODUCTION CAPACITY AND MARKET SHAREThe material has been provided by InstaForex Company – www.instaforex.com

The post Ustr says Chinese Aluminum Subsidies have caused “serious Prejudice” Under Wto Rules by Artificially Expanding Chinese Production appeared first on forexnewstoday.net.

Atlanta fED s Lockhart says Businesses in His Region Optimistic That Fiscal Spending, Tax Reduction and Other Measures Will

ATLANTA FED’S LOCKHART SAYS BUSINESSES IN HIS REGION OPTIMISTIC THAT FISCAL SPENDING, TAX REDUCTION AND OTHER MEASURES WILL IMPROVE GROWTHThe material has been provided by InstaForex Company – www.instaforex.com

The post Atlanta fED s Lockhart says Businesses in His Region Optimistic That Fiscal Spending, Tax Reduction and Other Measures Will appeared first on forexnewstoday.net.

U.s. Effective Federal Funds Rate Holds at 0.66 Pct Wednesday on $80 Bln in Trades Vs 0.66 Pct on $77 Bln Tuesday – fED Data

U.S. EFFECTIVE FEDERAL FUNDS RATE HOLDS AT 0.66 PCT WEDNESDAY ON $80 BLN IN TRADES VS 0.66 PCT ON $77 BLN TUESDAY – FED DATAThe material has been provided by InstaForex Company – www.instaforex.com

The post U.s. Effective Federal Funds Rate Holds at 0.66 Pct Wednesday on $80 Bln in Trades Vs 0.66 Pct on $77 Bln Tuesday – fED Data appeared first on forexnewstoday.net.

U.s. Wto Complaint Cites “artificially Cheap” State-directed Loans from Chinese Banks, “artificially Low-priced\” Inputs,

U.S. WTO COMPLAINT CITES “ARTIFICIALLY CHEAP” STATE-DIRECTED LOANS FROM CHINESE BANKS, “ARTIFICIALLY LOW-PRICED” INPUTS, INCLUDING COAL, ELECTRICITY, ALUMINAThe material has been provided by InstaForex Company – www.instaforex.com

The post U.s. Wto Complaint Cites “artificially Cheap” State-directed Loans from Chinese Banks, “artificially Low-priced\” Inputs, appeared first on forexnewstoday.net.

U.s. Trade Representative says Launches New Wto Trade Complaint Against Chinese Subsidies for Primary Aluminum Production,

U.S. TRADE REPRESENTATIVE SAYS LAUNCHES NEW WTO TRADE COMPLAINT AGAINST CHINESE SUBSIDIES FOR PRIMARY ALUMINUM PRODUCTION, SEEKS CONSULTATIONS WITH BEIJINGThe material has been provided by InstaForex Company – www.instaforex.com

The post U.s. Trade Representative says Launches New Wto Trade Complaint Against Chinese Subsidies for Primary Aluminum Production, appeared first on forexnewstoday.net.

Reuters Poll-11 of 19 Analysts concerned Trump’s expected Protectionist Policies Will have Serious Impact on Canada’s Economic

REUTERS POLL-11 OF 19 ANALYSTS CONCERNED TRUMP’S EXPECTED PROTECTIONIST POLICIES WILL HAVE SERIOUS IMPACT ON CANADA’S ECONOMIC GROWTHThe material has been provided by InstaForex Company – www.instaforex.com

The post Reuters Poll-11 of 19 Analysts concerned Trump’s expected Protectionist Policies Will have Serious Impact on Canada’s Economic appeared first on forexnewstoday.net.

Trump : Head Of US Intel “Denounced Fictitious, Illegally Circulated Report”

In his first tweet of the day, Donald Trump said at 7:23am on Thursday that Director of National Intelligence James Clapper had called him to effectively apologize and “denounce” the “false and fictitious” report containing numerous unverified allegations about the president-elect and Russia.

“Made up, phony facts.Too bad!” Trump tweeted.

James Clapper called me yesterday to denounce the false and fictitious report that was illegally circulated. Made up, phony facts.Too bad!

— Donald J. Trump (@realDonaldTrump) January 12, 2017

Trump’s victory lap followed a statement issued late on Wednesday night from Clapper, in which the head of the DNI said he had spoken to Trump to express his “profound dismay at the leaks that have been appearing in the press, and we both agreed that they are extremely corrosive and damaging to our national security.” In other words, the US intel agencies, having been slammed by Trump for being “overly politicized”, blinked.

Clapper’s full statement:

This evening, I had the opportunity to speak with President-elect Donald Trump to discuss recent media reports about our briefing last Friday. I expressed my profound dismay at the leaks that have been appearing in the press, and we both agreed that they are extremely corrosive and damaging to our national security.

 

We also discussed the private security company document, which was widely circulated in recent months among the media, members of Congress and Congressional staff even before the IC became aware of it. I emphasized that this document is not a U.S. Intelligence Community product and that I do not believe the leaks came from within the IC. The IC has not made any judgment that the information in this document is reliable, and we did not rely upon it in any way for our conclusions. However, part of our obligation is to ensure that policymakers are provided with the fullest possible picture of any matters that might affect national security.

 

President-elect Trump again affirmed his appreciation for all the men and women serving in the Intelligence Community, and I assured him that the IC stands ready to serve his Administration and the American people. 

The detente followed the decision by BuzzFeed to post the controversial document, which was compiled by a former British intelligence officer. It alleges Russia’s government possesses compromising financial and personal information about Trump. It also claims people close to Trump kept in touch with Moscow during the 2016 presidential race. In response, Trump slammed BuzzFeed as a “failing pail of garbage” in his first press conference of the year.

The post Trump : Head Of US Intel “Denounced Fictitious, Illegally Circulated Report” appeared first on crude-oil.top.

Turkish Lira Spikes Most In A Month As Erdogan Compares FX Traders To Terrorists

Having crashed unrelentingly to record lows in the last few weeks, the world’s most volatile currency is surging higher this morning after President Tayyip Erdogan said on Thursday the Turkish central bank and other banks must thwart games played with the foreign exchange rate, which is being used against the country like a weapon.

Cited by Reuters, the Turkish president said “It’s clear that the speculation on the forex rate has no depth…. Our central bank and other banks must thwart these games.” 

Erdogan also added that “The central bank has the necessary tools and ability to take measures on this. I am also calling on the business world, it is time to invest and create jobs,” he said

Finally, he also compared FX traders to terrorists, when quoted by Bloomberg he said, “terrorists with dollars and with weapons have no difference.”

Earlier in the week the central bank made a futile attempt to stop the rot by adjusting its bank reserve ratio by 50bps lower, and said it stood ready to do more if the rout worsened. In December, he helped spur a brief rally in the lira by urging citizens to repatriate their dollar holdings into the local currency.  That, too, did not help.

For now, his jawboning has prevented the daily plunge in the Turkish currency.

 

The post Turkish Lira Spikes Most In A Month As Erdogan Compares FX Traders To Terrorists appeared first on crude-oil.top.