Shootout Erupts At Seattle Festival, Killing 3; Second Gunman On The Run

Trump Announces Military Coalition With Latin American Leaders To Eradicate Cartels Authored by Emel Akan and T.J.Muscaro via The Epoch Times, U.S. President Donald Trump on March 7 welcomed his Latin American allies to Florida for a summit focused on addressing regional issues and announced a new military coalition to combat drug cartels in the Western Hemisphere. “On this historic day, we come together to announce a brand new military coalition to eradicate the criminal cartels plaguing our region,” Trump said as he began his remarks at the summit. He said that the...

Gold Selloff Seen As "Stop-Loss Liquidation Positioning Reset", Not Fundamentally Driven Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS.  As the bank's trader Marcus Millis writes, "the move flushed out long exposure and left positioning looking more balanced, reducing the immediate risk of further forced selling." However, he cautions, the broader trading backdrop remains challenging. That's because with front-end USD rates expected to stay...