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NEW YORK (Reuters) - Goldman Sachs Group Inc. is winding down its Global Macro Proprietary Trading desk, the Wall Street Journal said on Tuesday [Feb. 15], citing a person familiar with the matter.
The trading desk has made bets with Goldman's capital in foreign exchange markets, interest rate markets, stocks, commodities and other fixed-income markets, and will close its trades in the "coming days,", citing the person.
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Money market rate premiums have been high and volatile. The difference between money market rates and central bank key rates has been the widest since the international financial turbulence started in August last year. Norwegian money market rates increased sharply after international risk premiums spilled over into the Norwegian market. Foreign exchange markets have also been volatile. Investors have shown interest in the large and most liquid currencies. Growth is also slowing in the Norwegian economy. Household consumption has stagnated and house prices are falling. Monetary policy in Norway is oriented towards annual consumer price inflation of close to 2.5% over time. In recent years, inflation has on average been somewhat lower, but fairly close to 2.5%. A deep and protracted glob...
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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c31422) has announced the addition of Portals: The Strong Get Stron...
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... price and yield performance of a specific foreign or domestic stock index, fixed income securities i..., when interest rates are low and credit markets are healthy, the Fund may be overweight in callabl...://www.guggenheimfunds.com) daily after the close of trading on the Exchange and prior to the openin...
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...Where should senior executives pay closer attention to tax as they expand and manage foreign... exports and investment in emerging markets and as emerging markets begin to grow from their o...
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... here involved mutual funds containing foreign securities. . Policyholders of variable... determined once every business day at the close of trading on the New York Stock Exchange ("NYSE")... prices of foreign securities whose markets close earlier than 4:00 p.m. Eastern Time are seve...
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... hold secondary actors in the securities markets -- such as banks, financial advisers, accountants,...securities may have been fixed at the close of business of the local market earlier in the day... due to changes after the close of the foreign markets, but before the mutual funds can reflect t...
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... hold secondary actors in the securities markets — such as banks, financial advisers, accountants...securities may have been fixed at the close of business of the local market earlier in the day... due to changes after the close of the foreign markets, but before the mutual funds can reflect t...
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The Commodity Futures Trading Commission (``CFTC'' or ``Commission'') is adopting regulations to implement certain statutory provisions enacted by the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act''). Specifically, in accordance with the Dodd-Frank Act, the Commission is adopting rules to implement a framework for the real-time public reporting of swap transaction and pricing data for all swap transactions.
... and Large Notional Swaps for Particular Markets and Transactions. 4. Proposed Appendix A to Pa...Uncleared or Bespoke Swaps. 4. Foreign Exchange (``FX'') Asset Class. 5. Limitations ...The comment period for proposed part 23 closed on June 3, 2011; however the rule has not yet been...
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We compare samples of textiles and garments producers across groups of countries to find that, in general, productivity is far lower in Sub-Saharan Africa than it is in India. Indian manufacturers in turn are significantly less productive than their counterparts in Morocco, while producers in some SSA countries do match or exceed the Indian standard. The paper assesses the importance of geography as a possible factor in these gaps compared to such possible causes as trade policy and the quality of public institutions. It turns out that both institutions and trade policy are strong influences on country productivity averages. However, geography is also as powerful an influence in as far as it affects access to export markets and to input supplies.
... level, this paper is motivated by two closely related strands of the growth literature. One is t..., each type of access inevitably has a foreign component, which is where a country's internationa...