Forex Analysis, Forex Trading with Capital Sands, Political News, Stock Broker, Technical Analysis
January 17, 2020
125 views 37 secs 0

European shares at record high as cross-Atlantic trade tensions abate

By Ritu, Capital Sands European shares touched a record high on Friday after EU Trade Commissioner Phil Hogan struck a positive tone on talks with Washington, soothing some concerns over a possible escalation in trade tensions between the cross-Atlantic allies. The pan STOXX 600 index rose as much as 0.8% to a record high of […]

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January 15, 2020
109 views 28 secs 0

Michael Patra appointed deputy governor of RBI for a three-year term

By Ritu, Capital Sands Michael Debabrata Patra, 59, has been appointed the Reserve Bank of India (RBI) deputy governor for three years. The post fell vacant after Viral Acharya resigned on July 23 last year. Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012. […]

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January 14, 2020
120 views 51 secs 0

Pound on Longest Losing Streak Since May on BOE Easing Talk

By Ritu, Capital Sands The pound extended its decline to the longest run in eight months as speculation of an imminent Bank of England interest-rate cut increased. Sterling fell as much as 0.3% against the dollar to $1.2955. Credit Agricole SA pointed out that more than half of the members of the bank’s Monetary Policy Committee are […]

Forex Analysis, Forex Trading with Capital Sands, Political News, Stock Broker, Technical Analysis
January 13, 2020
106 views 2 mins 0

Sterling Slips vs Dollar, Euro as Vlieghe Fuels Rate Hopes

By Ritu, Capital Sands The dollar opened the week stronger against the pound sterling and the Japanese yen, but weaker against the euro, with markets still unsettled by the weak labor market report on Friday. The dollar index, which measures the greenback against a basket of currencies, was effectively unchanged at 97.130. However, that masked a 0.5% rise for […]

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January 09, 2020
122 views 53 secs 0

China’s Vice Premier Liu to sign U.S. trade deal in Washington next week

By Ritu, Capital Sands China’s Vice Premier Liu He, head of the country’s negotiation team in Sino-U.S. trade talks, will sign a “Phase 1” deal in Washington next week, the commerce ministry said on Thursday. Liu will visit Washington on Jan. 13-15, said Gao Feng, spokesman at the commerce ministry. Negotiating teams from both sides […]

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January 06, 2020
129 views 19 secs 0

BNP Joins JPMorgan in Setting Up Singapore Currency Trading Hub

By Ritu, Capital Sands BNP Paribas  is planning to join JPMorgan Chase  & Co. and Citigroup Inc . by setting up an electronic currency trading and pricing platform in Singapore. The facility will support electronic trading of 50 currencies in spot, forward, swaps, non-deliverable forwards and options, according to a company statement. It will also […]

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January 06, 2020
116 views 2 mins 0

Asian Markets Fall Amid Escalating Middle East Tensions, Trade War Uncertainties

By Ritu Capital Sands Asian equities traded mostly lower in morning trade on Monday amid heightened geopolitical tensions in the Middle East, and uncertainties surrounding the singing of the Sino-U.S. phase one trade deal. China’s Shanghai Composite and the Shenzhen Component both gained 0.4%. Sino-U.S. trade developments remained in focus. U.S. President Donald Trump said in a […]

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December 31, 2019
129 views 50 secs 0

European shares falter as year-end rally fades

By Ritu, Capital Sands European shares looked set to end the decade with a whimper on Tuesday as investors locked in gains after a record rally that was fueled by optimism around trade and easing fears of a global recession. In a shortened session ahead of the New Year’s Eve celebrations, the pan-European STOXX 600 […]