The existing
 Comprehensive and Economic Trade Agreement (CETA) 
deal will be ‚rolled over‘ as a short-term transitional agreement (small changes are being made to language to accommodate CAD-UK only trade as the original CETA was made when the UK part of the EU).

Can oil finally make a break?
In the span of a few months, oil went from the world’s most-volatile commodity to a sleepy backwater.
That won’t last.
WTI crude climbed 40-cents on Friday to wrap up a 5% gain on the week to $42.15. It’s now up 17% this month and 25% since the election-night lows. More

Forex news for New York trading on November 20, 2020:
Markets:
– Gold up $4 to $1870
– US 10-year yields down 0.5 bps to 0.82%
– WTI crude oil up 41-cents to $42.15
The tone overnight was poor on the Fed-Treasury fight over emergency money, along with virus worries. But it improved in early trading in part because of

Closing changes for the main markets
On the week:

South Africa cut further
That’s a poor rating for a sovereign issuer.

Ontario premier announces new covid curbs
Ontario premier Doug Ford announced that Toronto and the nearby region of Peel will head into a lockdown on Monday. This will include the closure of all restaurants and non-essential retail.

Weekly FX positioning data for the week ending November 17, 2020:
The
only notable change this week is the drop in yen longs but that’s
simply a reversal of last week’s move. Overall, there has been
surprisingly little movement since the election, despite all the
volatility.

Pfizer with the announcement
here
The response to the latest development above is relatively mild but it sees 10-year Treasury yields hold at the highs for the day, up 1.8 bps to 0.847%. European equities are also keeping firmer still and the dollar is losing some ground on the session.

That means that ratification procedures will take place after that
This seems to be the safety net in case negotiations next week continue to lead nowhere. The pressing issue now is time as EU officials view that a deal needs to be struck by next Monday in order to facilitate the translation and ratification before the

Jiji News reports with the national figure
That marks three consecutive record-breaking days for the latest wave of infections in Japan, with the provisional number estimated to be 2,404 currently.