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Tax Deal Sends US Futures Soaring To New All Time High; Dollar, Yields, Global Stocks Follow

Tax Deal Sends US Futures Soaring To New All Time High; Dollar, Yields, Global Stocks Follow

The dollar jumped the most in two weeks, pushing Treasury yields as much as 6bps higher (before easing back) with US equity indexes primed for a another record-setting day after Senate Republicans approved a reduction in the corporate tax rate as part of a sweeping overhaul, giving a boost to President Donald Trump’s stimulus plans. The key market catalyst was the US Senate passing the tax reform bill through a vote of 51 vs 49 just before 2am on Saturday morning.

Russia, China, India Unveil New Gold Trading Network

Russia, China, India Unveil New Gold Trading Network

Submitted by Ronan Manly, BullionStar.com

One of the most notable events in Russia’s precious metals market calendar is the annual “Russian Bullion Market” conference. Formerly known as the Russian Bullion Awards, this conference, now in its 10th year, took place this year on Friday 24 November in Moscow. Among the speakers lined up, the most notable inclusion was probably Sergey Shvetsov, First Deputy Chairman of Russia’s central bank, the Bank of Russia.

Russia, China and BRICS: A New Gold Trading Network

Russia, China and BRICS: A New Gold Trading Network

Submitted by Ronan Manly, BullionStar.com

One of the most notable events in Russia’s precious metals market calendar is the annual “Russian Bullion Market” conference. Formerly known as the Russian Bullion Awards, this conference, now in its 10th year, took place this year on Friday 24 November in Moscow. Among the speakers lined up, the most notable inclusion was probably Sergey Shvetsov, First Deputy Chairman of Russia’s central bank, the Bank of Russia.

Chinese Researchers Experiment With Anti-Gay Spray

Chinese Researchers Experiment With Anti-Gay Spray

Around mid-November, Human Rights Watch (HRW) issued a shocking report detailing China’s gay conversion problem.

Powerful first-hand accounts expose how state-owned hospitals are using electric shock machines and medication to convert gays back to some form of 'normalcy'. The practice is an open secret in China, where a majority of gays are forced by their families into hospitals, because the culture labels it as a curable-disease.

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